Pakistani PM’s adviser says Saudi firm to invest $600 million to modernize industrial zone

An image of the envisaged Ravi city development Project. (Courtesy: Ravi Urban Development Authority)
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Updated 16 December 2021
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Pakistani PM’s adviser says Saudi firm to invest $600 million to modernize industrial zone

  • Firm’s involvement comes under the framework of Ravi Riverfront Urban Development megaproject
  • PM’s aide says Saudi company will also build apartments, schools and a hospital in the area

ISLAMABAD: Prime Minister Imran Khan’s adviser on political communication Dr. Shahbaz Gill announced on Wednesday that a Saudi infrastructure development company would invest $600 million to modernize an industrial zone in Pakistan’s eastern city of Lahore.
Gill was addressing a news conference about the Ravi Riverfront Urban Development project, an approved urban development megaproject in Lahore District, Punjab, that runs along the Ravi River. 
The scheme includes the construction of a 40,000-hectare (100,000-acre) planned city and the rehabilitation of the Ravi River into a perennial freshwater body. The project is to be completed in three phases and is expected to be the largest riverfront of the world when finished. 
Gill said an industrial zone spread over 5,000 acres of land under the Ravi project would be upgraded by a Saudi firm. He did not name the company but said the Pakistani prime minister had discussed the megaproject with Saudi authorities during his last visit to Riyadh in October, creating significant interest among investors and firms in the kingdom.




Pakistani Prime Minister's aide Shahbaz Gill (L) speaks to media along with the chairman of Saudi firm Sarh Attaqnia, Khalid Abdul-Aziz Al Mogbel (R) in Lahore on Dec 15, 2021. (Screengrab)

“The Saudi firm will invest $600 million in which it will upgrade the industrial zone along modern lines by introducing proper waste management system,” Gill said, adding that the company would also build 1,900 apartments, six schools of international standards and an advanced hospital in the area.
He said the infrastructure development company had extensive experience in undertaking similar projects elsewhere, adding that all development projects carried out by the Saudi firm would ultimately become Pakistan’s property.
 


Four people, including two policemen, killed in twin blasts in northwest Pakistan

Updated 07 March 2026
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Four people, including two policemen, killed in twin blasts in northwest Pakistan

  • Attack on police van in South Waziristan and motorbike-mounted IED in Lakki Marwat hits KP province
  • Violence comes amid a surge in militancy and cross-border clashes between Pakistan and Afghanistan

ISLAMABAD: At least four people, including two policemen, were killed and about 20 others wounded in two separate blasts in Pakistan’s northwestern Khyber Pakhtunkhwa province on Saturday, officials said, the latest violence in a region grappling with militant violence.

One explosion targeted a police patrol van in Wana, the main town of South Waziristan district near the Afghan border, while another blast caused by explosives mounted on a motorbike struck a market area in Lakki Marwat district, according to police officials and preliminary reports.

The incidents come amid rising militant violence in Pakistan’s northwest, where authorities say armed groups operate from across the border in Afghanistan, straining relations between Islamabad and the Taliban administration in Kabul, with both sides engaged in a military conflict since last month.

“The control room received information in the evening about a bomb blast targeting a police van in Wana Bazaar,” a police official in the area, who did not want to be named, confirmed while speaking to Arab News over the phone.

He confirmed two deaths in the incident while saying more than 25 people had been injured.

The official said rescue teams responded promptly and shifted three seriously injured people to a nearby hospital in Wana.

In another incident during the day in Lakki Marwat, an improvised explosive device attached to a motorbike exploded near shops.

“Two people have been killed and about 10 have been injured in an IED blast in Lakki Marwat,” Raza Khan, Deputy Superintendent of Police in Bannu, told Arab News.

“The deceased are identified as Shoaib Ur Rehman and Furqan Ullah,” he added. “Shoaib, the owner of the shop, was the brother of the Lakki peace committee head.”

Peace committees in the region are informal, community-based groups that work with security forces to report militant activity and maintain order, making their members frequent targets of attacks.

Pakistan’s Interior Minister Mohsin Naqvi condemned the attacks and expressed grief over the incidents.

“I strongly condemn the blast near a police patrolling vehicle in Wana Bazaar,” Naqvi said in a statement, confirming the killing of four people, including two police personnel.

“Khyber Pakhtunkhwa police are on the front line in the war against terrorism,” he said, noting the force had made “unforgettable sacrifices” in the fight against militant groups.

Militant violence has surged in Pakistan’s border regions in recent months, particularly in Khyber Pakhtunkhwa and Balochistan provinces.
Islamabad has repeatedly accused the Afghan Taliban government of allowing militant groups, including the Tehreek-e-Taliban Pakistan (TTP), to operate from Afghan territory — a charge Kabul denies — as cross-border tensions between the two neighbors have escalated.