Home Economy Malaysia’s MMC to invest in Pakistan’s energy sector

Malaysia’s MMC to invest in Pakistan’s energy sector


Kuala Lumpur, Malaysia : Malaysia’s largest investment company MMC has shown interest in investing in Pakistan’s energy sector.

The MMC delegation led by its Chairman Wira Syed Abdul Jabbar bin Syed Hassan called on Prime Minister Yousuf Raza Gilani here Wednesday and expressed interest in carrying out projects in Pakistan’s power sector.

The MMC chairman said his company was preparing feasibility on the 1200 megawatt coal fired power project in Balochistan’s Gadani area.

He briefed the Prime Minister of his company’s plan regarding the wind energy project in Nooriabad and the initial work done on it.

Prime Minister Gilani welcomed MMC’s desire to invest in Pakistan and invited him to explore more opportunities in the country’s energy sector.

He said Pakistan was facing energy crisis and the government was striving to resolve power problems swiftly in minimum time.

Gilani said the government would soon announce power sector policy with special incentives for foreign investors.