Malaysia ready to invest in energy, tourism sectors
ISLAMABAD, Sep 22: The consistency and continuity in Pakistan’s economic policies have generated confidence among foreign investors, and a number of Malaysian companies were keenly interested in investing in Pakistan, which has emerged as a promising market.
This was stated by the head of visiting Malaysian investors’ delegation Tan Sri Abd Rahim Mohammad, Executive Chairman, Eden Enterprise, during a meeting with Dr Abdul Hafeez Shaikh, Federal Minister for Privatization & Investment here on Thursday.
The Malayasian investors expressed their keen interest in investing in energy, tourism, food & beverage and other sectors.
Apreciating the Malaysian investors interest Dr Abdul Hafeez Shaikh said Pakistan was open for investment in all sectors.
He said Pakistan offered maximum incentives to the investors as compared to other countries of the region.
The minister assured that the government would facilitate in implementation of their investment projects.
The minister expressed the hope that Pakistan’s upcoming single country exhibition in Malaysia, being held in first week of October, would attract a large number of Malaysian companies for investment in Pakistan’s various sectors.
The leader of Malaysian investors’ delegation Tan Sri Abd Rahim Mohammad informed the Minister that investment to the tune of $1 billion has been made available for two projects in the energy sector, which have been approved by Private Power Infrastructure Board (PPIB).
A 200 mw green project was being established on Zamzama Gas field in Dadu while 655 mw Sukki Kanari Hydro Power project has been planned in Naran, he said.—APP
