ISLAMABAD: Malaysian Prime Minister Anwar Ibrahim on Monday expressed hope for increased Pakistani investment, noting it had grown to nearly $397 million in recent years, as the two countries look to deepen economic and diplomatic ties.
Ibrahim’s comments came shortly after a phone conversation with his Pakistani counterpart Shehbaz Sharif, during which both leaders exchanged Eid Al-Fitr greetings and reaffirmed their commitment to further strengthen bilateral relations.
Sharif is expected to travel to Kuala Lumpur in May on an official visit, following Ibrahim’s three-day trip to Islamabad last October. That visit saw the signing of several memoranda of understanding between the two sides and the conferment of Pakistan’s highest civilian award, the Nishan-e-Pakistan, on the Malaysian leader.
“This evening, I spoke with my counterpart from Pakistan, Shehbaz Sharif, exchanging and reaffirming our commitment to strengthening Malaysia-Pakistan ties,” Ibrahim wrote in a post on social media platform X. “Our friendship continues to deepen, opening new avenues for cooperation, particularly following my visit to Pakistan last October.”
“Pakistan’s investments in Malaysia have grown to approximately $397 million, and I welcome further investments, especially in agriculture, petrochemicals and biomass industries,” he said.
The two leaders also reviewed collaboration in trade, education and research while agreeing to expedite pending matters to advance shared goals, Ibrahim added.
The Malaysian prime minister said the conversation also covered the ongoing conflict in Gaza, where “Israel’s violations of the ceasefire continue to undermine peace efforts.”
Both leaders discussed coordinated efforts to support reconstruction in the besieged territory and to end the violence against Palestinians.
“I look forward to welcoming Prime Minister Shehbaz on his maiden visit to Malaysia on 9 May,” Ibrahim said, expressing his hope that the partnership would continue to strengthen for the benefit of both nations.
Pakistan and Malaysia have long maintained cordial relations, with both countries working to expand cooperation in various sectors.
The renewed outreach comes as Islamabad intensifies its economic diplomacy to attract foreign investment and revive its struggling economy.
Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million
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Malaysia PM seeks deeper economic ties as investment from Pakistan hits $397 million
- Anwar Ibrahim wants more Pakistani investment in agriculture, petrochemicals and biomass industries
- He says his government is looking forward to PM Shehbaz Sharif’s official visit to Kuala Lumpur in May
Pakistani business federation says EU envoy pledges support for training industrial workforce
- Support aims to boost competitiveness as Pakistan expands skilled labor for exports and remittances
- FPCCI says the country’s economic future hinges on preparing its workforce for modern technologies
ISLAMABAD: The European Union’s top diplomat in Pakistan has pledged support for the country’s push to train its industrial workforce, exporters and small businesses through the national technical and vocational education system, Pakistan’s top business federation said in a statement on Tuesday, calling the assistance critical for boosting competitiveness.
The commitment came during the first annual conference on Technical and Vocational Education and Training (TVET), jointly organized by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the TVET Sector Support Program, where the EU envoy addressed business leaders and government officials.
“Pakistani industries, exporters, trade bodies and SMEs will be facilitated and supported in their training, and exporters should draw maximum benefit from the GSP+ program,” said EU Ambassador Raymonds Kroblis, according to the FPCCI statement, referring to the EU trade scheme that grants Pakistan preferential, duty-free access for most exports in return for implementing international conventions.
He added that Pakistan’s economic future depended on preparing its workforce for modern technologies.
FPCCI President Atif Ikram Sheikh said Pakistan could “change its economic trajectory” through large-scale skills development and called for a sustained public–private partnership to modernize vocational training.
He said the federation would train 1,000 officials from chambers and trade bodies to strengthen workforce readiness.
Sheikh said Pakistan’s youth had “immense potential” and required structured opportunities to advance, both for domestic industry and for overseas employment.
Pakistan has been working to expand its pool of skilled workers to tap opportunities in Gulf economies, where higher-skilled migration could help lift remittances, a major stabilizing force for Pakistan’s economy.
Speakers at the conference said aligning Pakistan’s workforce with international standards was key to improving productivity, securing export growth and preparing workers for global labor markets.
