Talks focus on airport privatisation, Wafi Energy expansion and new investment opportunities across key sectors.
Federal Minister for Finance and Revenue Muhammad Aurangzeb held talks with Asyad Group Chief Executive Officer Ghassan Ahmed Amodi on expanding the Saudi group’s investment footprint in Pakistan and exploring new opportunities across key sectors.
The meeting was attended by Asyad Group Group CFO Javaid Akhtar, Wafi Energy Pakistan Limited CEO Zubair Shaikh and Corporate & Government Relations Director Imran Hussain Qureshi.
Discussions centred on Asyad Group’s existing investment portfolio in Pakistan, its plans for further expansion and potential investments emerging from the government’s ongoing privatisation programme.
Amodi reaffirmed the group’s commitment to Pakistan as a long-term investment destination and said the country holds an important position within Asyad Group’s investment portfolio outside Saudi Arabia. He also expressed satisfaction with the group’s experience in Pakistan and outlined plans to strengthen its presence.
Aurangzeb welcomed the continued interest of Saudi investors and highlighted opportunities being created through the government’s privatisation drive. He stressed the importance of attracting credible, long-term investors and facilitating commercially viable projects that can contribute to sustainable economic growth.
Amodi also briefed the finance minister on Asyad Group’s interest in participating in the upcoming airport privatisation process. The group is working to bring together Saudi and international partners with the technical expertise required for potential participation.
The meeting also covered the expansion plans of Wafi Energy Pakistan Limited, including the development of its retail network, storage infrastructure and digitalisation initiatives. Company officials briefed the minister on investments made in Khyber Pakhtunkhwa and other parts of Pakistan, along with plans for further expansion.
Asyad Group is also exploring additional investment opportunities in Pakistan, including the financial sector, while seeking to connect Saudi and Pakistani investors for potential joint projects.
Aurangzeb highlighted Pakistan’s progress towards macroeconomic stability, citing improvements in key economic indicators and the country’s sovereign credit profile. He said the government remains focused on fiscal discipline, structural reforms and creating an environment conducive to sustainable investment and private-sector-led growth.
The finance minister further emphasised Pakistan’s strategic geographical position and its potential to serve as a gateway to regional markets. He encouraged Asyad Group and other private-sector investors to identify commercially viable projects that can translate investment interest into tangible economic activity.
Aurangzeb assured the delegation that the government would continue facilitating foreign investors and supporting initiatives aimed at increasing private-sector participation.
Amodi appreciated the government’s continued engagement and reaffirmed Asyad Group’s commitment to further investment in Pakistan, while expressing its desire to strengthen economic and commercial ties between Pakistan and Saudi Arabia.