ISLAMABAD – Board of Investment (BoI) Chairman Saleem H Mandviwalla has met with four Malaysian Ministers and held discussions regarding the promotion of bilateral trade between the two countries.
The chairman who is heading a 30 member Pakistan delegation of top representatives of private sector and official of BOI is on a three-day official visit of Malaysia to woo Malaysian investors to invest in Pakistan. High Commissioner for Pakistan in Malaysia, Masood Khalid, Dato Mohammad Salim Fateh Din, Malaysia Pakistan Joint Business Council Chairman Saadat Muzaffar, Punjab BOI and Trade CEO Zubair Habib, National Industrial Park (NIP) CEO Syed Asghar Abbas Rizvi, BOI Director General and BOI Advisor Syed Feroz Shah, were also present.
The chairman while discussing matters of mutual interest with Minister of Plantation, Industries and Commodities Tan Sri Bernard Dompok, said that Pakistan and Malaysia can cooperate in building the downstream palm oil industry in Pakistan based upon Malaysian experiences in the development of palm oil plantation in Pakistan which in turn will help Pakistan reduce its import bill and would also create jobs.
The Malaysian ministers assured full cooperation in promoting bilateral relations in the palm oil and plantation sector. The chairman also met with Special Envoy on Infrastructure South Asia Datuk Seri Samy Vellu, and Minister of Works Dato Shaziman bin Abu Mansor, and discussed with the possibilities of cooperation in the infrastructure development in Pakistan like roads, bridges and highways.
Mandviwala stressed that Pakistan has one of the most liberal investment regimes and Malaysian companies are welcomed to build bridges, roads, highways and train tracks on Public Private Partnership (PPP) or Build Operate and Own (BOO) basis.
