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NEWS UPDATES Asean Affairs        10  February 2011

Malaysian construction firms to Pakistan

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The Pakistani government has invited Malaysian construction companies to join in its reconstruction efforts.

In a statement here Wednesday, its High Commissioner to Malaysia, Masood Khalid, said Pakistan faced devastating floods last year, which had damaged infrastructure like roads, bridges, communication network, schools and hospitals.

"The country is also brimming with investment opportunities in sectors such as power, energy, construction, halal, education and agriculture.

"This can be gauged from the fact that over 600 foreign companies are earning good profits from their investments in Pakistan," he said.

He said more than 30 top ranking companies of Pakistan were expected to attend the "Investment Opportunities in Pakistan" seminar.

"They are expected to interact with Malaysian counterparts to build business linkages and contacts to facilitate and explore business and investment opportunities in Pakistan," he said.

The seminar, jointly organised by Board of Investment of Pakistan and Malaysian Investment Development Authority, will be held on March 31, 2011.

Masood said after the signing of free trade agreement in 2007, bilateral trade between Pakistan and Malaysia was on an upward trajectory and within three years has touched the US$2 billion mark.

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It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

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