A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), under the leadership of Tanvir Ahmed Sheikh, President of FPCCI, is in Malaysia to explore new avenues of trade, investment, joint ventures and services with the help of new technologies with their counterparts of Malaysia and with the D-8 states representatives.
The FPCCI delegation met with Secretary General Tan Sri Dato' Soong Sew Hoong and members of Executive Council of the Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) on July 5, 2008 at its office.
Tanvir briefed about Pakistani market, investment opportunities and possible collaboration, especially in the areas of electric power generation with the help of coal in large areas of Pakistan. He briefed them saying that Pakistan is a suitable state for this kind of investment and the Government of Pakistan has also been urging for investment.
He invited the Malaysian-Chinese investors to study the pre-feasibility reports that are being carried out by the government of Pakistan in electric power generation projects for suitable investments. Pakistan will focus to use coal as a main source for electric power generation.
The Secretary General of ACCCIM welcomed the proposals of the President FPCCI and assured him that the Malaysian-Chinese investors would work on this potential sector and invest their capital in the Pakistani market to give boost to the electric power generation using different sources of energy. The FPCCI Vice President Zubair F Tufail, and Nasir Uddin Sheikh, Chairman of FPCCI Standing Committee on Trade Facilitation also gave their valuable comments on the subject.
Before this meeting, the FPCCI delegation also met with the High Commissioner of Pakistan and discussed matters of mutual interest and investment opportunities and possibilities with the member countries of D-8.