Pakistan: Malaysian group to invest in Pakistan

Pakistan FlagNafas Food Processing and Marketing Company is interested in setting up a food processing and halal meat unit in the Special Economic Zone near Islamabad and will then export its products to Malaysia.

Board of Investment (BoI) Chairman Dr Miftah Ismail assured full cooperation to the Malaysian group. He said Pakistan was committed to providing an investment-friendly environment for investors by offering lucrative fiscal incentives and creating conducive business conditions.

A high-level delegation of the Malaysian company met with Ismail to discuss and explore the investment opportunities. Ismail said Nafas Food Processing is a state-owned company and is responsible for issuing certificates for food imports into Malaysia.

He said the board would facilitate foreign investors and welcome Malaysian businessmen and entrepreneurs to the country.

Published in The Express Tribune, April 11th, 2015.