KUALA LUMPUR: The Penang Chinese Chamber of Commerce (PCCC) sees various investment opportunities in Pakistan amid its huge population and untapped market.
Its President Datuk Seri Choot Ewe Seng said Pakistan is an interesting market for PCCC members to tap into garments and textile, agriculture, food and ingredients as well as in the property sectors.
“There are opportunities in Pakistan following the bilateral trade between Malaysia and Pakistan. We see rising opportunities amid its huge population of 190 million people and the new government promoting pro-business policies.
“PCCC will encourage its members to invest in Pakistan’s property market amid big shortage of houses. It is understood that there is a shortage of more than a million homes in Pakistan,” he told reporters after receiving a courtesy call from Pakistan High Commissioner to Malaysia Shahid M.G. Kiani.
Choot was also briefed on investment opportunities in Pakistan.
Choot also said that doing business in Pakistan would be efficient and manageable amid the flight duration from Kuala Lumpur to Islamabad, the capital city of Pakistan is about five hours.
Meanwhile, Kiani urged Malaysian businessmen and companies to participate in the Expo Pakistan from Sept 26 to 29 organised by the Trade Development Authority of Pakistan.
He said the expo is the biggest trade fair in Pakistan and also the government’s efforts in promoting its products and services attract investments and strengthen business ties with foreign and Malaysian firms.