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Turkish companies interested in setting up industrial units in Pakistan

 

The Turkish delegation expressed interest in setting up industrial units in Pakistan to meet the needs of the construction industry by starting production activities.

According to a report published by the state-run news agency, a statement issued by the Islamabad Chamber of Commerce and Industry (ICCI) said this.

On the occasion, ICCI President Sardar Yasir Ilyas Khan briefed the visiting delegation about the potential business and investment opportunities in the country's real estate and construction sector.

He said that Pakistan is a big market with huge demand for housing units and commercial buildings.

At the same time, he said that the present government has announced a very impressive construction package to boost construction activities in the country and it is the right time for foreign investors to joint ventures and investments. Explore Pakistan's real estate and construction industry.

He said Turkish investors should bring in technology and expertise and set up industrial units in Pakistan to take advantage of emerging investment opportunities in construction and other sectors.

In addition, it will help boost economic growth and increase our country's exports.

He assured that the ICCI would provide all possible assistance and facilities to Turkish investors for joint ventures and investments in the country.

Speaking on the occasion, Mustafa SAK, President of Turkey's ADO Group, said that he saw great potential for investment in Pakistan and wanted to set up industrial units to meet the needs of the local construction industry. Build construction equipment and products.

He said that his cooperation with his Pakistani counterparts would be beneficial for both the countries.

He also said that Pakistan and Turkey have worked to negotiate a preferential trade agreement aimed at boosting trade and investment, especially in transport, telecommunications, manufacturing, tourism and other industries.

At the same time, he hoped that finalizing it would further increase the volume of bilateral trade between the two countries.

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