Overview

• A high-level Saudi-Pak Joint Business Council delegation led by Prince Mansour bin Muhammad bin Saad Al Saud was received in Lahore by Chief Minister Maryam Nawaz Sharif before detailed investment meetings.
• Punjab and the council formalized cooperation with an MoU signed at the Alamgiri Gate of Lahore’s Badshahi Mosque.
• Punjab announced a Special Saudi Industrial Estate offering a 10-year income tax exemption, a one-time customs duty waiver, and a dedicated fast-track facilitation desk in the CM Office.
• Saudi representatives highlighted interest in real estate development, hospitality, healthcare infrastructure, mining and minerals, transport, logistics, and agriculture, with collaboration also discussed in livestock and aquaculture.
• Prince Mansour outlined a plan to build one million low-cost houses in Pakistan over four years, while joint working groups and 30/60/90-day action plans were proposed to drive implementation.