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Article: Malaysia biggest foreign investor in Pakistan
- Article from:
- New Straits Times
- Article date:
- January 5, 2009
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New Straits Times
01-05-2009
Malaysia biggest foreign investor in Pakistan
Edition: Main/Lifestyle
Section: Business Times
Type: News
MALAYSIA tops the list of investors making foreign direct investment (FDI) in Pakistan in the first six months of the year ending June 2009.
Malaysia, through Malayan Banking Bhd, made the biggest investment of US$970 million (RM3.38 billion) in Pakistan's banking sector, according to the data of Pakistan's Ministry of Foreign Affairs released by its High Commission in Kuala Lumpur.
Saudi Arabia ranked second, with a US$750 million (RM2.60 billion) investment in the steel sector, followed by the United Arab Emirates (UAE) with US$500 million (RM1.74 billion) ...