Pakistan Ventures
Wong's first foray into Pakistan market was the purchase of US Publisher Pvt. Ltd. of the Jamal's Yellow Pages directory. He had been credited to have turned the company around and made it into one of the most profitable and largest directory publishing arms in Pakistan. Apart from Bahrain, he uses Karachi as his main base as a stage into Middle East markets.
Together with Ecommerce Gateway co-founder Dr. Khursheed Nizam, Wong helped jump-start and developed the young M.I.C.E. industry in Pakistan in the early 2000s. New to CommerceNet then, Wong led trade delegations to Pakistan from 2001 to 2007. From early-2008, he shifted his focus to building various international real estate funds with his Pakistan and China investment networks, investing and launching real estates projects internationally.
Wong founded the ITCN Asia series (named after Infocomm Technologies CommerceNet Asia) in Karachi, first held in March 2001. The project gained support from the Governor of Sindh then, H.E. Muhammad Mian Soomro and subsequently H.E. Dr. Ishrat Ul Ebad Khan, the succeeding Governor; and the then Sindh Finance Minister, Senator Dr. Abdul Hafeez Shaikh, as a catalyst for investment into Karachi. The project was international in scope, with the support and attendance of former President Pervez Musharraf.
Wong established a physical MuslimBIG trade series. That was after several failed online attempts including MuslimBizHub and ePortal Exchange. He is an associate of the Islamic Chamber of Commerce and the former secretary general H.E. Aqeel Ahmad Al-Jassem.
Wong announced his intention to leave his Ecommerce Gateway to focus on his Guangdong Portfolios and Indian Ocean and South African investments at the end of 2009. He however, maintained an interest in e-health, telemedical and remote care initiatives.
Wong planned the new 250 acres (1.0 km2) Dadabhoy University Campus in Hawkesbay, run privately by a not-for-profit foundation. The new campus is expected to ultimately house up to 28,000 undergraduates when fully developed. Wong proposed an integrated student and social housing scheme as part of the university township development, as a measure to partly relieve some pressure from Karachi's housing shortages.
Read more about this topic: Wong Jeh Shyan
Famous quotes containing the word ventures:
“At the moment when a man openly makes known his difference of opinion from a well-known party leader, the whole world thinks that he must be angry with the latter. Sometimes, however, he is just on the point of ceasing to be angry with him. He ventures to put himself on the same plane as his opponent, and is free from the tortures of suppressed envy.”
—Friedrich Nietzsche (1844–1900)