Malaysian company announces $ 250 million investment in Pakistan

by Malikzaigham67 on February 01, 2019 in BUSINESS

Malaysian company announces $ 250 million investment in Pakistan

Lahore : Feb. 1, 2019) Malaysia's AIDCO group has announced investment of $ 250 million in Pakistan, Prime Minister Imran Khan met Chairman Board of Directors Adjustive Group Malaysia, in which the Chairman of the Autotech Group Prime Minister Imran Khan met the board of directors of the Malaysian AIDCO Group of Directors, according to media reports.

In which he expressed his desire for big investment in Pakistan. The chairman of the AIDTO Group said that investing in Pakistan will cost $ 250 million. Prime Minister Imran Khan welcomed the investment in Malaysia, saying that in Pakistan We will be cooperative with the investors.

Similarly, the Asian Infrastructure Bank has reiterated the commitment to invest in various sectors in Pakistan.

According to the Asian Infrastructure Bank, Karachi Bus Transit is underinvestment of US $ 100 million, Lahore West Water Management 400 million dollars, Rawalpindi Color Road $ 402 million, Karachi Waterfall Surgeon $ 160 million. Pakistan's economic policy is uncertain, will be able to issue debt on a clear policy. Last Updated in the press conference, Masood of Asia, Asia's Infrastructure Bank Head of Communication, Mississippi told Islamabad that Pakistan's economy is currently under uncertainty.

The reason for which is a rising debt and debt account deficit. Road, bridge and other infrastructure needed to improve Asia, he said. Our mission is to strengthen the economy in Asia and improve the infrastructure.