MALAYSIAN Resources Corp Bhd (MRCB) is interested to explore investment possibilities in housing and real estate development in Pakistan.
The construction company also plans to lead a high-level business delegation to Pakistan to meet the stakeholders and explore the possibilities of investment and transfer of technology in the sector.
They are also looking into the possibilities of laying intra-city and inter-city railways network, the High Commission of Pakistan said in a statement yesterday.
The interest was expressed by its group managing director, Shahril Ridza Ridzuan, during a meeting with the Pakistani Prime Minister, Syed Yousaf Raza Gillani, in Kuala Lumpur yesterday.
During the meeting, the prime minister said the Pakistan government is committed to provide decent housing facilities to the entire population, especially the low-income group and government employees residing in big cities.
“The government will provide assistance and incentives to foreign investors who are willing to invest in housing sector and real estate development on larger scale,” he said.
By Bernama
Thursday, July 10, 2008
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