ISLAMABAD, October 25, 2026: Islamabad is set to get Pakistan’s first theme park of its kind following an agreement between Saudi investors and the Capital Development Authority (CDA), marking a new initiative to expand recreational facilities and attract foreign investment to the federal capital.
Under the agreement, Saudi investors will finance the proposed theme park, while the CDA will provide land for its development.
The memorandum of understanding (MoU) was signed during a ceremony at Gaddafi Stadium in Lahore, attended by Federal Interior Minister and Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi as chief guest.
Saudi-Pakistan Business Council Chairman Prince Mansour bin Mohammed Al Saud and CDA Chairman Sohail Ashraf signed the agreement.
Saudi investment to support Islamabad’s recreational development
The proposed theme park is expected to introduce a new recreational destination in Islamabad, with the project forming part of broader efforts to modernize the capital’s infrastructure and attract international investment.
Speaking at the signing ceremony, Mohsin Naqvi welcomed the Saudi delegation and congratulated Prince Mansour bin Mohammed Al Saud on the agreement.
He described the proposed theme park as a game-changing initiative and assured Saudi investors that the government would provide all possible facilities to support the project.
Naqvi said Islamabad’s infrastructure was being developed in line with modern international cities, with particular emphasis on improving urban facilities and attracting investment.
The interior minister also disclosed plans to organize a real estate roadshow in Saudi Arabia over the coming months to showcase investment opportunities in Pakistan.
Saudi investors highlight Pakistan’s potential
Speaking on the occasion, Prince Mansour bin Mohammed Al Saud expressed confidence in Pakistan’s investment potential, particularly in Islamabad.
He said Pakistan offered attractive opportunities for international investors and highlighted the prospects for expanding economic cooperation between the two countries.
The agreement represents a proposed public-private investment arrangement in which Saudi investors will provide financing and the CDA will facilitate the project through land allocation.
However, the project’s estimated cost, exact location, construction timeline and expected completion date were not disclosed.
CDA members and representatives of the Saudi delegation also attended the signing ceremony.