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Saudi Arabia’s Falcon Vision Group is exploring investments of up to $10 billion in Pakistan, with the government pledging full support for prospective projects.
Saudi Arabia-based Falcon Vision Group is evaluating investment opportunities worth up to $10 billion in Pakistan, with discussions focusing on projects across several sectors, the Board of Investment (BOI) said.
The investment proposal was discussed during a meeting between Federal Minister for the Board of Investment Qaiser Ahmed Sheikh and a delegation led by Falcon Vision Vice Chairman and President Muhammad Tariq Ghaus. The delegation also included overseas Pakistanis, business executives and media representatives.
According to the BOI, Ghaus outlined the group’s business interests in infrastructure, construction, technology and industrial activities, and said Saudi investors were assessing opportunities in Pakistan with a potential investment allocation of up to $10 billion.
Responding to the proposal, Sheikh said the government would extend support throughout the investment process and reaffirmed its commitment to improving the country’s investment environment. He described the reported interest from Saudi investors as a positive signal for Pakistan’s economy.
During the meeting, the minister highlighted incentives available to investors operating in Special Economic Zones, including tax concessions and customs-related benefits for imported machinery. He also pointed to Business Facilitation Centres, which have been established to simplify regulatory procedures by bringing key government services under one roof.
Sheikh said Pakistan permits the unrestricted repatriation of profits by foreign investors and added that authorities were working to address longstanding concerns related to energy costs and administrative processes to make investment easier.
The delegation also presented proposals beyond traditional investment areas. A representative associated with the J7 Emporium project discussed plans for a Special Technology Zone and stressed the importance of closer coordination between technology and economic zones to encourage innovation and industrial growth.
Separately, another delegation member briefed the minister on a proposed joint venture to develop a modern shopping mall in Chakwal, citing the district’s educated workforce and development potential.
Pakistan has been seeking to attract larger inflows of foreign direct investment, particularly from Gulf countries, by promoting sectors such as infrastructure, technology, energy and industry. The government has introduced policy measures and investment incentives aimed at encouraging long-term overseas investment and expanding economic activity.
