Malaysia making serious endeavours to mitigate supply chain problems: Chairman PUNB.

FAISALABAD -- Chairman Perbadanan Usahawan Nasional Berhad (PUNB) Mr Dato Haji Ahmad Nazlan bin Idris Tuesday said that Malaysia is making serious endeavours to mitigate the supply chain problems in wake of pandemic and in this connection, preference would be given to purchase the commodities directly from Pakistan.

Addressing the business community of Faisalabad in Faisalabad Chamber of Commerce and Industry (FCCI) along with delegation of Malaysian entrepreneurs, he said that the Malaysian delegation has earlier visited Pakistan Agri Expo 2022 in Lahore and now we are visiting Faisalabad to identify new suppliers for the Malaysian markets.

He said that the Malaysian delegation was composed of representatives of food, textile and industrial sectors, however we intend to purchase fresh foods and vegetables including potato, onion and frozen meat.

'Similarly, we also try to purchase raw material for textile products used in home, hotel and hospitals in addition to the garments', he said and added that our entrepreneurs would also explore new opportunities for investment in Faisalabad. About post corona impacts, Chairman PUNB Haji Ahmad said that global economy was disturbed due to supply chain interruption.

He said that the situation was now returning back to normal and we were exploring new destinations to make our purchases with minimum freight charges. He was optimistic that this visit of the Malaysian delegation would also exacerbate the bilateral-trade between the two countries.

President FCCI, Atif Munir Sheikh, in his address said that Faisalabad was strategically located in the heart of the country and was linked through reliable air, rail and road links. He said that Faisalabad had state-of-the-art industrial estates. Atif said that M3 and Allama Iqbal Industrial Estate had been given the status of Special Economic Zones to offer a ten-year tax holiday to the new investors.

The president said that 65 industrial units were operating and...