The recently signed Memorandum of Understanding (MoU) between the Punjab government and the Saudi-Pakistan Joint Business Council has been hailed as a potential game-changer for Pakistan’s industrial revival.
The agreement envisions a Saudi-funded industrial city in Punjab, channelling investments into special economic zones (SEZs), logistics, and infrastructure, supported by tax holidays and customs exemptions.
However, beneath the celebratory announcements lies a deeper test of Pakistan’s ability to deliver on its own promises, said a report by Asian Lite.
The Saudi-Pakistan MoU, much like earlier ventures such as the China-Pakistan Economic Corridor (CPEC), remains a gesture of intent rather than a binding commitment.
The report further said that the past experiences offer little op

The Hans India

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