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Home » What will it take for Pakistani firms to succeed in Saudi Arabia? – Business & Finance
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What will it take for Pakistani firms to succeed in Saudi Arabia? – Business & Finance

adminBy adminDecember 23, 2025No Comments3 Mins Read
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The Saudi–Pakistan corridor will succeed only when Pakistani firms operate at global standards and align deeply with Saudi national priorities combining Pakistan’s scale and talent with Saudi Arabia’s capital, institutions, and Vision-2030 execution discipline, Qaiser Noor told Business Recorder in an exclusive interview. Noor is a board member of eight entities in the Kingdom.

He is also the author of a book titled ‘The Kingdom Through My Eyes! Vision 2030 Kingdom of Saudi Arabia (KSA)’. According to him, the Saudi–Pakistan economic and investment corridor “will succeed through strategic alignment rather than sentiment.”

“Saudi Arabia contributes capital strength, regulatory stability, and long-term national planning, while Pakistan offers a population exceeding 260 million, manufacturing capacity, and technology talent. Success depends on institutional partnerships, predictable policies, strong governance, and sector prioritization. When projects align with Saudi national priorities and Pakistan delivers execution quality and scale, the corridor becomes durable, strategic, and resilient instead of transactional or aid-driven.”

Qaiser Noor says Pakistani companies should invest through local presence, not exports alone

He said at least eight sectors are highly relevant for KSA: information technology services, financial technology, healthcare and pharmaceuticals, construction and engineering, textiles and sustainable manufacturing, agriculture and food security, logistics, and tourism services.

Saudi’s Vision 2030 targets 150 million tourists by 2030, 50% renewable energy in electricity generation, $2.5 trillion of untapped mining resources, and non-oil economic growth averaging around 5% annually, creating long-term demand across these sectors.

‘Saudi is now logical second market for Pakistani founders,’ says Sarmayacar chief

Qaiser Noor said Pakistani companies should invest through local presence, not exports alone. Priority should be joint ventures, local manufacturing, and onshore service delivery aligned with job creation and technology transfer. Companies must comply with international financial reporting, strong governance, and environmental and social standards.

When projects align with Saudi national priorities and Pakistan delivers execution quality and scale, the corridor becomes durable, strategic, and resilient instead of transactional or aid-driven: Qaiser Noor

Saudi Arabia offers 0 bank failures in history, policy predictability, and a domestic market of 36.5 million people (60% below 30 years of age) with rising purchasing power, making long-term, compliant investment models more attractive than short-term trading relationships.

Pakistan, Saudi Arabia vow deeper economic cooperation

He said Saudi investment into Pakistan can increase through risk-mitigated investment structures, dedicated industrial zones, and sovereign-backed frameworks. Pakistan should focus on scale-driven sectors such as energy transition, mining, agriculture, healthcare, and digital infrastructure. Pakistan earns through exports, employment generation, tax revenues, and value-added manufacturing. Saudi Arabia is deploying capital globally to secure food supply, minerals, and growth markets; Pakistan must offer transparent governance, currency protection mechanisms, and long-term policy continuity to attract sustained capital inflows.

Commenting on his book “The Kingdom Through My Eyes”, he said the book offers a practitioner’s perspective on Saudi Arabia’s transformation under Vision 2030. It highlights 93% of Vision 2030 indicators achieved or on track, zero bank failures in national history, 116 million visitors recorded in 2024, and a target of 150 million tourists by 2030. It also references rising women workforce participation above 35%, rapid digital banking growth, and manufacturing localization. The book’s value lies in combining personal experience with institutional reform, offering policymakers and investors a credible, ground-level view of Saudi Arabia’s global ascent, according to him.

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