Turkish firms plan more investment in Punjab

delegation expressed interest in investing in fields like hotels, hospitals, private schools, universities and more


Our Correspondent November 03, 2017
Labourers work inside an iron factory. PHOTO: REUTERS

LAHORE: A group of Turkish companies has shown keen interest in investing in Punjab in the wake of an offer of state-of-the-art facilities made by the Punjab Industrial Estates Development and Management Company (PIEDMC) for the industrial units to be set up in industrial zones across the province.

During a visit to the Bhalwal Industrial Estate, which was managed by PIEDMC, the group leader of a Turkish delegation and representative of Hayat Kimya industrial group called Pakistan an ideal place for investment.

British investors eyeing potential avenues in Pakistan

He also visited Noon Sugar Mills and Fauji Foods and praised their product standards and quality.

The delegation expressed interest in investing in fields like hotels, hospitals, private schools, universities, residential colonies and industrial units, saying there was a lot of potential in these areas from the investment point of view.

Published in The Express Tribune, November 3rd, 2017.

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