Madagascar has announced a major $100 million investment plan in Pakistan. This move aims to boost trade and economic ties between the two countries.
The Madagascar International Chamber of Commerce and Industry will lead the investment. Funds will be directed towards agriculture, minerals, manufacturing, and logistics in Pakistan.
This announcement follows high-level trade talks held to build stronger business relations. Both sides have shown a clear interest in expanding exports and removing trade barriers. They also plan to improve private sector collaboration.
Madagascar’s investment reflects its growing interest in Pakistan’s market and its strategic location. Officials believe this step will help open trade routes to South and Central Asia.
The $100 million commitment is a clear sign of deepening cooperation. It also shows how Madagascar is looking beyond its traditional trade partners. This aligns with the wider African trend of building ties across Asia.
Also Read:Morning Bid Markets Hold Steady Awaiting Trade Developments
Pakistan is expected to benefit from job creation and improved infrastructure. The new partnership could bring more opportunities for local businesses and investors.
In the coming months, both nations plan to hold joint investment meetings. These will provide more details about where the funds will go and how they will be used. There is also talk of launching a Pakistan-Madagascar Trade Council to support ongoing collaboration.
This deal marks a turning point in Madagascar’s trade approach. It also signals Pakistan’s growing role as a hub for international investment in the region.
