ISLAMABAD, October 3, 2024: Federal Minister for Commerce, Jam Kamal Khan, witnessed the signing of four significant MoUs between Pakistan and the Malaysian business community in Islamabad.
Fauji Meat Limited and NSK signed a Letter of Intent (LOI) for a profit-sharing partnership in the distribution, wholesale, and retail of meat. Gobi VC Investment Fund committed $300,000 to Qistbazar and announced plans to raise a $50 million fund to support Pakistani startups.
SNA Equity invested $5 million in Gamalux Pakistan, with a total investment goal of $15 million by 2026. Additionally, Pakistan and Malaysia’s Business Councils signed an MoU to enhance cooperation in halal trade.
These agreements mark a step towards strengthening trade and business relations between the two countries.
Federal Minister for Commerce Jam Kamal Khan witnessed the signing of four MoUs between Pakistan and the Malaysian business community in Islamabad.
- Fauji Meat Limited and NSK signed an LOI for a profit-sharing partnership in meat distribution, wholesale, and retail.
- Gobi VC Investment Fund provides $300,000 to Qistbazar and announces plans to raise a $50 million fund to support Pakistani startups.
- SNA Equity invests $5 million in Gamalux Pakistan, with a total investment commitment of $15 million by 2026.
- MoU signed on Cooperation in Halal Trade between Pakistan-Malaysia Business Councils.
