Cabinet greenlights historic $10bn Kuwaiti investment in Pakistan
Business
Cabinet greenlights historic $10 billion Kuwaiti investment in Pakistan
ISLAMABAD (Dunya News) – In a significant development, the caretaker federal cabinet, led by Prime Minister Anwaarul Haq Kakar, approved on Friday Kuwait’s groundbreaking $10 billion investment in Pakistan.
The federal cabinet endorsed seven agreements with Kuwait, focusing on sectors vital for Pakistan’s development – water resources, minerals, and food security.
The decision allows approval from both the Cabinet Committee on Legislative Affairs and the Economic Coordination Committee earlier this month.
The substantial investment signals a boost to Pakistan’s economic landscape, fostering collaboration between the two nations. The move underscores the shared commitment to advocating strategic partnership for mutual prosperity.
