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July 10, 2008 Thursday Rajab 6, 1429



Govt to Facilitate foreign investors



By Afshan Subohi


KUALA LUMPUR, July 9: Prime Minister Yousuf Raza Gilani has invited private sector investors, particularly from the friendly countries, to invest in the power and agriculture sectors to enable Pakistan overcome the shortage of electricity and food.

The premier talking to representatives of reputable Malaysian companies here on Wednesday before leaving for Dubai said that his government was keen to facilitate foreign investors.

Chairman of Malaysia-based Media Prima Television Abdul Mutlib Razzaq and Managing Director of MRCB, the company with big stakes in food processing and alternative energy, Shahril Ridza Ridzuan during the meeting with the PM expressed their interest to invest in Pakistan in alternative power projects, coal-fired power plants, food processing and housing sector etc.

Mr Mutlib informed Prime Minister Gilani that he was keen in showing Pakistani films and dramas on Malaysian channels.

The prime minister was informed by the head of MRCB that his company was already in the process of making a sizeable investment in collaboration with their Pakistani partners in Jhampir and Gaddani.

However they also apprised the PM about the bureaucratic irritants.

Mr Gilani promised to look into the matter to expedite the commissioning of the windmill and coal power project in Balochistan.







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