Pak-Malaysia Business Council is playing a vital role in facilitating the business between the two countries. Pakistan and Malaysia have strong business relationship since 1970 when Pakistan imported palm oil from Malaysia for the first time.
Malaysia entered into joint ventures in Pakistan in the field of power, telecommunication, oil exploration, edible oil refinery, dedicated jetty and the largest bulking storage facility at Port Qasim. Dr Mahathir Bin Mohammad, the then Prime Minister of Malaysia, initiated in the year 1993, three Joint Venture Projects with three Malaysian Palm Oil giants, namely FELDA, K. L. Kepong & IOI with Pakistan’s Westbury Group of Companies. By the grace of Allah, all the three joint ventures of Pakistan with Malaysia have performed very well.
The Pak-Malaysia Business Council welcomes the forthcoming visit of Dr Mahathir bin Mohammad to Pakistan next month. Dr Mahathir is a visionary person and has a huge following in Pakistan. The following table will reflect export to and import from Malaysia (mainly Palm Oil):-