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Malaysians keen to invest in Pakistan

Special envoy to the Malaysian Prime Minister on Infrastructure Datuk Seri Samy Vellu, said Malaysians are keen to invest in coal power generation and infrastructure development projects in Pakistan.Vellu said this while heading a Malaysian delegation during a meeting with Federal Minister for Water and Power, Syed Naveed Qamar here on Wednesday, said a press release issued here.“Malaysia has tripled its capacity in the infrastructure development sector and has also expertise in the power generation projects. The Malaysian investors who are already working in Pakistan in various hydel and thermal projects are keen to increase their volume of investment here,” Vellu said.

“Malaysians are also interested in projects like infrastructure development and construction. The investors working here in Pakistan are satisfied and enjoying good relations with Pakistani community,” he said.

He asked the Minister to provide details of the projects being offered to the private investors for investment and also invited the Minister to visit Malaysia to see their expertise in the power generation projects.

The Minister while welcoming the delegation briefed the current energy requirements of the country and offered to invest in the coal, hydel and wind power generation projects.

He said that power sector in Pakistan has great potential and the investors are getting reasonable return on their investment.

“We will welcome the investment in coal, hydel and wind power generation projects which are future baseline projects for the country,” the minister said.

He also offered the investment in the coal mining projects.

The Minister said the Ministry would provide details of the projects for investment and appointed Additional Secretary as focal person in this regard.

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