Lahore  - Malaysian Airline had decided to start its operations in Pakistan from next month, as the country has great potential for new investment.

This was stated by Malaysian High Commissioner to Pakistan Dr. Hasrul Sani Mujtaba who called PBIT Chairman Abdul Basit along with President Pakistan Malaysia Cooperation Forum, M. S Babar here at his office on Monday.

Chairman PBIT Abdul Basit said that China Pakistan Economic Corridor is a $46billion project which will not only benefit Pakistan and China but also unleash the countless opportunities for countries around the globe. Trade events and delegation exchanges are the best ways to enhance the economic ties and to establish people to people contact, he added. He further said “low cost housing, education, health, tourism and agriculture particularly wheat, oil seeds, corn are the major areas where both countries can collaborate.

He said “Pakistan has state of the art slaughter houses and food processing/ treatment units.

Dr. Hasrul Sani Mujtaba suggested PBIT to encourage the Pakistani business community to participate in the upcoming conference in Pangkor Island in September and in the Malaysian International Halal Expo 2016 which is expected to bring together the businesses from across the globe. Mujtaba said that he will be visiting Chief Minister Punjab on Tuesday where he intends to bring this fact to his attention that Pakistan and Malaysia have huge potential which needs to be translated into reality. CPEC project will open up tremendous amount of opportunities and Malaysia wants to be a part of this new era of economic development in Pakistan. He said “apart from China and Turkey Pakistan should also focus on the potential of ASEAN”. He apprised that a Malaysian airline is going to start its operations in Pakistan from March this year.