Saudi Arabia’s Asyad Group has expressed interest in participating in Pakistan’s upcoming airport privatisation process and is exploring additional investment opportunities across key sectors, including the financial sector, according to a statement from the Ministry of Finance on Thursday.
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met with Asyad Group Chief Executive Ghassan Ahmed Amodi, accompanied by Group Chief Financial Officer Javaid Akhtar, Wafi Energy Pakistan Chief Executive Zubair Shaikh, and other senior officials. Amodi reaffirmed the group’s commitment to Pakistan as a long-term investment destination, expressing satisfaction with its experience in the country and highlighting Pakistan’s importance within the group’s broader investment portfolio outside Saudi Arabia, while sharing plans to expand its presence further.
Aurangzeb welcomed continued interest from Saudi investors and pointed to new opportunities emerging through the ongoing privatisation process, stressing the importance of attracting credible, long-term investors and facilitating commercially viable projects across key sectors.
Amodi briefed the minister on Asyad Group’s interest in participating in the upcoming airport privatisation process, as well as its efforts to bring together Saudi and international partners with the relevant technical expertise. He also shared recent developments in the group’s airport operations and its growing international experience in the sector.
The discussion also touched on Wafi Energy Pakistan’s ongoing expansion and investment plans, including its growing retail network, storage infrastructure, and digitalisation initiatives. The company briefed the minister on its investments in Khyber Pakhtunkhwa and other parts of the country, along with plans to expand operations further. Amodi additionally noted the group’s interest in exploring further investment opportunities in Pakistan, including within the financial sector, and in connecting more Saudi and Pakistani investors for potential joint projects.
Aurangzeb highlighted Pakistan’s progress toward macroeconomic stability, citing improvements in key economic indicators and the country’s sovereign credit profile, and noted the government’s continued focus on fiscal discipline, structural reforms, and building an environment conducive to sustainable, private-sector-led investment. He appreciated Asyad Group’s continued confidence in Pakistan and assured that the government would keep facilitating investors and supporting efforts to strengthen private-sector participation and investment-led growth.
The finance minister also pointed to Pakistan’s strategic location and its potential as a gateway to regional markets, encouraging continued collaboration with the private sector to identify viable opportunities and convert investment interest into tangible projects.
Amodi, in turn, appreciated the government’s continued engagement and reaffirmed Asyad Group’s commitment to further investment in Pakistan, along with strengthening the long-standing economic and commercial partnership between Pakistan and Saudi Arabia.
The meeting reflects the growing interest among Saudi investors in Pakistan’s privatisation and investment landscape, as the government advances structural reforms and works to attract foreign investment across key sectors of the economy.
