ISLAMABAD: A delegation of thirty representatives of Pakistan's top ranking companies would be participating in International Seminar on `Investment Opportunities in Pakistan" scheduled on Thursday, March 31 in Kuala Lumpur, Malaysia.
The delegation, lead by Chairman Board of Investment (BoI), Saleem H. Mandviwalla, would interact with more than 200 representatives of the top ranking Malaysian companies in the moot.
The Seminar has been jointly organized by Board of Investment and Malaysian Industrial Development Authority (MIDA), said a statement received here.
The High Commissioner for Pakistan in Malaysia, Masood Khalid said that this is a landmark event in the context of bilateral trade and investment relations between the two countries.
He was optimistic that the moot would provide unique opportunity to the private sectors of the two countries to interact with each other and explore, evaluate and discuss the trade and investment opportunities between the two countries.
He said that participants of the conference will focus on four areas including agriculture and hall sector, infrastructure development, power and energy and IT and education.
They would discuss prospects of investment in these sectors and come up with a way forward for mutually beneficial framework of cooperation to bring about quantum jump in the existing level of trade and investment.
The speakers would deliver speeches to identify the areas of trade and investment opportunities which would be followed by Memorandum of Understandings and press conference.
According to BoI, there are 17 Malaysian companies working in Pakistan in the sectors like housing and construction, IT, energy, agriculture, the statement said adding the existing potential of these sectors would further be explored and exploited for the benefit for both the countries.
In 2008, Malaysia made an investment of US$656.4 million in Pakistan which was the second highest foreign investment in Pakistan during the year 2007-08.
Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) was signed in November 2007 and it came into force from January 1, 2008. The agreement encompasses liberalization in trade in goods and services, investment as well as bilateral technical cooperation and capacity.
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