Malaysian Prime Minister Abdullah Ahmad Badawi along with some 30 leading businessmen will visit Pakistan from February 15-18. The delegation will discuss areas of bilateral interest, investment and setting up of joint ventures in Pakistan. In order to explore the possibilities of future co-operation, the Board of Investment (BoI) is organising a business forum/luncheon meeting in the Serena Hotel, here on February 16.
The Malaysian prime minister would address the forum. Prime Minister Shaukat Aziz is also expected to grace the occasion.
The BoI has invited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to participate in the seminar and also have one-on-one meetings with the Malaysian traders and industrialists who represent various import sectors such as oil and gas, agriculture engineering, tourism, information technology, steel, etc.
Meanwhile, FPCCI President Chaudhry Saeed has said that the FPCCI delegation will attend the seminar and also hold talks with the Malaysian traders and industrialists to explore new avenues for mutual co-operation to enhance bilateral trade.
He said Pakistan was now become a destination for foreign investors for its incentives of continuity in economic and investment policies. He also attached great hopes with the signing of Free Trade Agreement (FTA) between Pakistan and Sri Lanka and hoped that it would prove an effective tool to boost trade and investment between both the countries.
Former FPCCI president Iftikhar Ali Malik said that the Malaysian prime minister's visit to Pakistan was a good development and it would encourage private sector of both the countries for joint ventures in many important areas.
He referred to the privatisation of Karachi Electric Supply Corporation (KESC) and called it as a good omen for the country. He said that Saudi investors were according priority to Pakistan for foreign investment and the KESC's sell-off was its ample proof.
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