ISLAMABAD, March 11: A five-member high-level delegation from Saudi Arabia led by Prince Turkey Bin Abdul Aziz held talks with the Adviser to Prime Minister on Privatization and Investment, Dr Abdul Hafeez Shaikh, on investment opportunities in Pakistan.

Prince Turkey expressed keen interest in banking sector transactions and other transactions in power and oil & gas sectors, says a press release issued here on Tuesday. He said Saudi investors were determined to invest in Pakistan as a number of Pakistani companies were already operating in Kingdom of Saudi Arabia. “We intend to broaden this investment interaction between the two brotherly countries in a big way”, he added.

Earlier in his opening remarks, Senator-elect, Dr Abdul Hafeez Shaikh said that Pakistan had a liberal approach towards investment and the government was endeavouring to further promote and develop its existing economic relations with the kingdom by associating Saudi investors in the privatization programme of Pakistan.—APP