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Saudi Arabia to invest US$20bn in Pakistan

Saudi Crown Prince Mohammad bin Salman is investing US$20bn under phase one in Pakistan for number of projects in energy, petrochemicals, minerals, tourism and other projects.
 
The crown prince, who is visiting Pakistan for two days on the invitation of Prime Minister Khan, was accorded a red carpet welcome and presented a guard of honour at the Prime Minister’s House.
 
Both government have signed number of MoUs to pave the way for mutual development of projects in future. Expert believes that it will trigger growth in demands of cement in country.