BOI Minister Qaiser Ahmed Sheikh assures full support as Saudi-based Falcon Vision Group explores major investment opportunities in Pakistan.
Saudi-based Falcon Vision Group has expressed strong interest in investing up to $10 billion in Pakistan, signaling growing international confidence in the country’s economic potential.
The development emerged during a high-level meeting between Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh and a delegation comprising business leaders, overseas Pakistanis, and media professionals.
The delegation included senior representatives of Falcon Vision Company, a diversified business group headquartered in Jeddah, Saudi Arabia, with operations spanning infrastructure, construction, technology, and various industrial sectors.
Senior BOI officials also attended the meeting to discuss investment opportunities across multiple segments of Pakistan’s economy.
Welcoming the delegation, Qaiser Ahmed Sheikh reaffirmed the government’s commitment to facilitating investors and creating a business-friendly environment.
He emphasized that Pakistan is actively pursuing policies aimed at attracting foreign direct investment (FDI), stimulating economic growth, and strengthening investor confidence.
During the meeting, Falcon Vision Vice Chairman and President Muhammad Tariq Ghous outlined the company’s global operations and highlighted growing interest among Saudi investors in Pakistan.
He informed the minister that up to $10 billion has been earmarked for potential investments in diverse sectors, reflecting confidence in Pakistan’s investment landscape.
The minister described the proposed investment as a significant endorsement of Pakistan’s economic prospects. He noted that the country offers a large consumer market, a strategic geographic location, and a youthful workforce capable of supporting long-term economic expansion.
Qaiser Ahmed Sheikh also highlighted incentives available under Pakistan’s Special Economic Zones (SEZs), including tax exemptions until 2035 and duty-free import of machinery and equipment. He further pointed to the role of Business Facilitation Centers (BFCs), which provide one-window services for business registration, licensing, and regulatory approvals.
The minister reiterated that Pakistan allows 100 percent repatriation of profits and maintains equal treatment for local and foreign investors.
While acknowledging challenges such as energy costs and procedural delays, he assured the delegation that the government is implementing reforms to improve the ease of doing business.
The meeting also covered investment opportunities in real estate, technology zones, commercial developments, and tourism projects, including initiatives in Chakwal and the historic Taxila region.
BOI reaffirmed its commitment to supporting investors and positioning Pakistan as a preferred destination for global capital and long-term business partnerships.