Pakistan

PM invites Turkish companies to invest in Pakistan

Prime Minister Shehbaz Sharif has outlined government's vision to facilitate foreign direct investment and encouraged joint ventures.

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Islamabad: Prime Minister Muhammad Shehbaz Sharif on Saturday invited Turkish companies to invest in Pakistan in the energy, agriculture, Information technology and construction sectors.

He was talking to Chief Executives of different Turkish business Groups who called on him in Ankara on Saturday.  

The Prime Minister outlined government's vision to facilitate foreign direct investment and encouraged joint ventures.

He said Turkish business community should utilize the opportunities like Trade in Goods Agreement signed between the two countries last year. The Prime Minister assured Turkish companies of complete facilitation and conducive business environment in Pakistan.

The meetings focused on expanding trade and investment ties to maximize mutual gains from available opportunities in Pakistan and enhance cooperation in key sectors of the economy through direct presence of Turkish enterprises and via joint ventures with Pakistani counterparts.                          

The Prime Minister also held separate meetings with leading Turkish companies that have already invested in Pakistan, including Anadolu Group, Arcelik, Zorlu, Albayrak, Dolsar, Turkish Contractors Association and Pak Yetirim.

During these meetings, Shehbaz Sharif encouraged the businessmen to benefit from the investment-friendly environment in Pakistan and expand their operations.                                                                              

The Turkish companies briefed the Prime Minister about their existing and future plans for investment and thanked him for facilitating their operations in Pakistan.

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