PM woos Turkish investors

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Prime Minister Nawaz Sharif while meeting here on Friday with the Chairmen/CEOs of leading Turkish business groups assured the government of Pakistan’s full support and maximum facilitation for investment in Pakistan. He urged them to become development partner of Pakistan.

The prime minister informed the Turkish businessmen about measures taken by his government that resulted in increasing the GDP quarterly rate from 2.9 percent to 5 percent, about 17 percent rise in the Karachi Stock Exchange, increased foreign remittances and more business activities. “Our government plans to rise the GDP growth rate to above 6 percent and bringing more foreign investment in the energy, infrastructure, low cost housing, municipal services, agro-based industry, information technology, textiles etc,” said the prime minister.

The Turkish companies which met with the prime minister included Mustafa Koc, Chairman Koc Group, Mr Oguz Carmikli, Vice-Chairman Nurol Group, Mr Hakan Ozman, CEO and Deputy Chairman of GAMA Holding, Mr Nehat Ozdemir, Chairman Limak Holding, Mr Ibrahim Cecin, Chairman IC Holding, Mr Alp Yalcin Taskent, Chairman of STFA Mr Ahmet Albayrak, Chairman of Albayrak Group, Mr Ahmet Zorlu, Chairman of Zorlu Holdings, Mr Korhan Kurdoglu, President of ATA Holding, Mr Turgay Ciner, Chairman and CEO of Ciner Group,

Koc group showed keen interest to invest in electrical appliances manufacturing, dairy development, and bus manufacturing. The finished products could then be exported from Pakistan. Prime Minister Nawaz Sharif said Pakistan would facilitate and encouraged them to have partnership with Pakistan private sector.

In his meeting with M/s Limak group, Mr Nawaz Sharif said Turkish companies would be given all possible help for setting up power plants. The company said they had completed pre-requisites for investing in the wind energy, coal fired power plants in Gaddani Power Park and construction of highways on BOT basis.

NOROL group said they had explored investment projects of Dasu Hydropower Project, Lahore-Karachi Motorway and coal-based projects and hydropower projects. The prime minister expected that the group would finalise the technical examination of these projects and assured that their investment would be protected.