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A $2.2 Billion Saudi-Pakistan Collaboration

11 October, 2024
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    Pakistan's upward trajectory is significantly aided by its strengthening diplomatic and economic ties with various countries. In the past month, the government has formed strategic alliances with Malaysia, Russia, England, and America, with the agreements targeted towards benefitting various sectors in Pakistan and improving the trade between each country. 

     

    The next stage of this growth is amplified by the recent news of Saudi Arabia’s and Pakistan’s collaboration. This signals foreign interest in the country’s potential and its resurgence in various sectors, including real estate. 

     

    One Homes, a luxury property developer in Pakistan, is at the forefront of this progress, as we are driving foreign investor confidence in the real estate sector of this country. Our developments are catered towards overseas Pakistanis, who are looking to invest in the growing economy of their homeland.  

     

    This growth is reflected in the Memorandum of Understandings (MoUs) signed between Pakistan and Saudi Arabia valued at US $2.2 billion. These MoUs are aimed towards various sectors, including agriculture, technology, education, mining and minerals, energy healthcare along with other areas of mutual cooperation. 

     

    The signing was held on the 10th of October, 2024, where PM Shahbaz Sharif, Saudi Investment Minister Khalid Bin Abdul Aziz Al Falih, and Chief of Army Staff Lieutenant General Syed Asim Munir witnessed the exchange of signed copies. 

     

    On this occasion, PM Shahbaz Sharif expressed his gratitude towards the Saudi government, saying: “Our Saudi brothers, led by Khalid Bin Abdul Aziz Al Falih, have done a remarkable job of promoting Saudi’s economy, and with his presence here, we will have his full cooperation to promote bilateral investments and business opportunities.”

     

    This ceremony marked the start of many more such events to come, serving as a testament to the hard work and untiring efforts of Pakistanis. We are building towards a strong economy that attracts foreign investments from not just governments and corporations but also from individuals. 

     

    One such sector experiencing rapid growth in foreign investment is Pakistan’s real estate. One Homes is leading the luxury development sector in the country, garnering investment from all across the world. We are building living destinations in collaboration with well-known global partners to offer a taste of the West in your very own motherland. Get in touch to discover the most premium homes across Pakistan. 

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