Saudi Arabia’s Falcon Vision Group has expressed interest in making investments of up to $10 billion in Pakistan, with potential projects spanning infrastructure, technology, construction and industrial sectors.

The investment proposal was discussed during a meeting between Board of Investment (BOI) Minister Qaiser Ahmed Sheikh and a delegation led by Muhammad Tariq Ghaus, Vice Chairman and President of Jeddah-based Falcon Vision Company.

The delegation briefed the minister on the group’s operations and said Saudi investors are exploring opportunities in Pakistan’s growing sectors.

Sheikh welcomed the interest and assured investors of government support, highlighting Pakistan’s investment incentives, including tax exemptions for Special Economic Zones until 2035, reduced duties on machinery imports, one-window investment facilitation, and unrestricted profit repatriation for investors.

The minister said efforts are underway to improve the business environment by addressing issues related to energy costs and administrative processes.