Economics & Business

Malaysia to channel Trade, Investment to Pakistan

ISMAABAD: Malaysian government agency “The Malaysia’s Professional Services Development Corporation (PSDC)” will channel the Malaysian trade, investment and services to Pakistan. According to statement, received from Pakistan High Commission Malaysia, PSDC’ Manager S. Arokiadass on behalf of PSDC President, IR Ahmad Asri Abdul Hamid speaking in a seminar held by PSDC on the theme “Doing Business in Pakistan” in Kuala Lumpur, said that Pakistan and people of Pakistan are serious and committed to do business, trade and investment with Malaysia.

He said that PSDC will coordinate and facilitate any business venture of Malaysian Professional Services Providers, trader and investors with Pakistan by coordinating their proposals with the Pakistan High Commission and the government of Pakistan.

The High Commissioner for Pakistan in Malaysia Lt. Gen. (R) Tahir Mahmood Qazi in his introductory remarks said that Pakistan provides immense lucrative business trade and investment opportunities, specially in the field of Housing and Construction, Power Generation and Infrastructure Development.

He urged the Malaysia businessmen to avail this time bound opportunity and be a part of six hundred foreign companies which are currently doing business in Pakistan in various sectors of Pakistan’s economy.

The Commercial Counselor for Pakistan High Commission, M. Majid Qureshi gave a comprehensive presentation on the theme “Doing Business in Pakistan” to a large number of Malaysian Professional Services Providers, bankers, traders, investors and business persons who attended the seminar in a large number.

Majid Qureshi during his presentation said that despite of global economic slow down; various indicators of Pakistan’s economy are still positive and healthy. He said that all sectors of Pakistan’s Economy are open for foreign investment barring security printing and explosive.

He said that Pakistan offers immense opportunities for foreign investors in the field of Housing and construction, renewable energy, agriculture and Infrastructure Development. He said that any businessperson of Malaysia who intends to visit Pakistan may contact Pakistan High Commission which in turn will not only facilitate his visit to Pakistan, but will provide all necessary assistance and guidelines for his business venture in Pakistan.-SANA

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Haroon Akram Gill

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