Saudi and Pakistan agree on $21 Billion investment timeline

Pakistan and Saudi Arabia have agreed on a timeline to make tangible progress on the promised $21 billion investment project singed in February this year, Pakistan’s de facto commerce minister, Abdul Razak Dawood told on Sunday.

Saudi Arabias leading English newspaper Arab News reported that the understanding was reached during the ongoing visit of Saudi Deputy Minister of Energy ,Industry and Mineral Resources Khalid bin Salehn Al-Mudaifer .The investment project includes a mega oil refinery mainly to sell LNG and mining.