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A delegation of Malaysian investors led by Tan Sri Abd Rahim Mohamad
Executive Chairman Eden Enterprise expressed their keen interest to invest in
Pakistan in Energy, Tourism, Food & Beverage and other sectors on immediate
basis. The leader of the delegation informed this during a meeting with
Dr. Abdul Hafeez Shaikh Federal Minister for Privatisation & Investment here
today.
While appreciating the Malaysian investors interest Dr. Abdul Hafeez Shaikh
Federal Minister for Privatisation & Investment said that Pakistan was open
for investment in all sectors. He stated that Pakistan offered maximum
incentives to the investors as compare to the other countries of the region.
The Minister further assured the delegation of all possible facilitation
during the implementation of their investment projects. Pakistan's upcoming
single country exhibition in Malaysia being held in first week of October 2005
would attract large number of Malaysian companies for investment in Pakistan's
various sectors, he hoped.
The leader of Malaysian investors delegation Tan Sri Abd Rahim Mohamad
informed the Minister that investment to the tune of US $ 1 billion has been
made available for two projects in the energy sector, which have been approved
by Private Power Infrastructure Board (PPIB). A 200 MW green project was being
established on Zamzama Gas field in Dadu while 655 MW Sukki Kanari Hydro Power
project has been planned in Naran, he said.
He added that the consistency and continuity of Pakistan's economic policies
have generated confidence among the foreign investors and a number of
Malaysian companies were keenly interested to invest in Pakistan, which has
emerged as a promising market.