Kuwait has agreed to invest $10 billion in seven projects, with approval from Pakistan’s interim federal government.
At today’s caretaker federal cabinet meeting in Islamabad, Prime Minister Anwar ul Haq Kakar served as the chair. At the meeting, the cabinet approved seven memorandums of understanding (MoUs) for Kuwait’s $10 billion investment in seven projects. The prime minister will sign the agreement between Pakistan and Kuwait when he visits Kuwait.
Including the $10 billion Kuwait has invested in seven different projects.
The projects include mining, protecting coastal areas from Tamar forests, investing in IT, and improving food security. Kuwait’s $10 billion investment.
The acting prime minister and the federal cabinet expressed gratitude for the work of the Special Investment Council and the relevant ministries.
As part of these memorandums of understanding, the acting prime minister directed transparent and timely cooperation with provinces.
