Malaysian team visits BoI

Published October 19, 2002

ISLAMABAD, Oct 18: A delegation of Felda Group of Malaysia, headed by its Chairman Tan Sri Dr Yousaf Noor on Friday visited the Board of Investment (BoI) here to explore further prospects of bilateral trade and investment opportunities and establish joint ventures with Pakistani partners.

Chairman Pakistan-Malaysia Economic Cooperation Committee of FPCCI, Mohammad Bashir Jan Mohammad, who is also a joint venture partner for the construction of an oil jetty at Port Qasim and Datuk Abdullah Yusoff, Group Managing Director of Federal Land Authority of Felda Group were also present on the occasion.

Secretary BoI, Shuja Shah on this occasion briefly highlighted the business-friendly investment policies of Pakistan.

Tan Sri Dr. Mohd Yusoff Noor, who has status of a State Minister, informed the Pakistan side that the main focus of Felda is the development of palm oil.

He said the construction of oil jetty at Port Qasim will not only facilitate the import and storage of palm oil but will also boost smooth operation of oil imports from other countries.—APP

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