Overview
- The Saudi-Pakistan Joint Business Council announced the fund on Monday, November 9, 2026, saying its initial size is several hundred million dollars with plans to expand as opportunities emerge.
- The council said 75 percent of the fund will be invested in projects in Pakistan and 25 percent in Saudi Arabia, with Saudi and Pakistani private investors set to contribute equally to capital.
- Planned investment targets include infrastructure projects such as ports, motorways and airports, plus energy, power distribution, agriculture, mining, construction and information technology.
- Senior business leaders from both countries, including Prince Mansour bin Mohammad Al Saud and leading Pakistani bank and corporate CEOs, attended the MoU signing that launched the fund.
- The fund still needs regulatory approvals and formal structuring before first investments are made, and it is positioned as a private-sector step to convert long-standing diplomatic ties into commercial flows that could unlock jobs and revenue from underused public land.