https://arab.news/yjkdn
- Federal Minister for Industries Rana Tanveer Hussain departs for Riyadh to attend the two-day forum
- Minister will hold meetings with Saudi authorities on the sidelines to discuss investment opportunities
ISLAMABAD: Federal Minister for Industries and Production Rana Tanveer Hussain has departed for Saudi Arabia to attend the two-day United Nations Multilateral Industrial Policy Forum (MIPF), being held in Riyadh from Oct. 23-24, state-run media reported on Tuesday.
He will engage with international delegates to discuss strategies for enhancing industrial growth and sustainable practices. The MIPF is being organized in collaboration with the Saudi Ministry of Industry and Mineral Resources.
The forum is expected to focus on advancing effective industrial policy solutions and tools to tackle challenges to sustainable industrialization. It will address the following key themes: artificial intelligence, digitalization and automation in manufacturing, energy transition, and sustainable and resilient supply chains.
“Minister for Industries and Production Rana Tanveer Hussain has left for Saudi Arabia to represent Pakistan at the Multilateral Industrial Policy Forum,” Radio Pakistan said on Tuesday.
“The two-day forum is set to begin in Riyadh tomorrow,” it added.
The federal minister will also hold meetings with Saudi authorities on the sidelines of the forum to discuss potential collaborations and investment opportunities between the two nations.
The MIPF 2023 in Vienna, Austria, turned out to be a success, drawing over 500 participants in a hybrid format, facilitating rich discussions on industrial policy and fostering international cooperation among diverse stakeholders.
Pakistan has been seeking to strengthen trade and investment ties, particularly with the kingdom, whose leadership reaffirmed its commitment this year to expedite a $5 billion investment package for the South Asian country.