Islamabad 20 July: Pakistan will get $100 million in investment from Madagascar to expand bilateral trade and economic cooperation.
The Madagascar International Chamber of Commerce and Industry has pledged to invest in Pakistan across a range of sectors, including agriculture, minerals, manufacturing, and logistics. The announcement follows a series of bilateral meetings between trade representatives from both countries, focused on promoting mutual business opportunities and long-term partnerships.
The proposed investment is expected to lay the groundwork for a strategic economic alliance, with both nations exploring ways to increase exports, reduce trade barriers, and enhance collaboration between their private sectors.
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Officials say the $100 million commitment reflects Madagascar’s growing interest in tapping into Pakistan’s market potential and leveraging its regional connectivity. In return, the investment could help Madagascar access new trade routes into South and Central Asia.
The initiative is also expected to support job creation and infrastructure development in Pakistan. Analysts note that the deal highlights a broader trend of African nations diversifying their trade relationships beyond traditional partners.
Further details on how the investment will be allocated across sectors, along with implementation timelines, are expected to emerge after joint investment meetings scheduled later this year. The two countries are also discussing the formation of a Pakistan–Madagascar Trade Council to institutionalize future business cooperation.
