Pakistan, Turkey share investment plans

Punjab promises facilitation, says opportunities exist in several sectors

Our Correspondent February 15, 2018
Punjab promises facilitation, says opportunities exist in several sectors. PHOTO: REUTERS

LAHORE: Bilateral cooperation between Pakistan and Turkey is being transformed into a vibrant economic partnership.

To help realise the vision of a robust Pakistan-Turkey economic partnership, the forum featured a short documentary on business opportunities in Punjab. Turkish companies operating in Pakistan including Albayrak, Arcelik, and Coca Cola Icecek shared their investment plans with key stakeholders in the Punjab government.

“Relations between Pakistan and Turkey would continue to grow as a powerful factor for stability and prosperity in the region and beyond,” said DEIK Turkey-Pakistan Business Council Chairman Atilla D Yerilikaya while visiting Lahore for the Pakistan-Turkey Business Forum.

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The two sides exchanged views in order to further deepen the ties, especially for development of bilateral trade and economic cooperation between Pakistan and Turkey.

A Turkish delegation, led by Pakistan Business Council Turkey Chairman Atilla D Yerlikaya, includes around 16 senior Turkish business representatives from Zorlu Holdings, Anadolu Group, Arcelik, Havelson and Albayrak, along with representation from health, services and construction sectors.

Speaking on the occasion, Yerlikaya stated that notable progress has been made on cooperation in diverse fields including infrastructure development, health, communications, media, culture, and bilateral investments. He expressed the confidence that bilateral relations are expanding gradually and are expected to grow manifolds.

Advisor to Chief Minister Khawaja Ahmad Hassan welcomed the Turkish delegation at the business forum. It included addresses by PBIT CEO Jahanzeb Burana and Khawaja Hassan focusing on intensifying and further expanding trade and economic cooperation between Pakistan and Turkey.

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PBIT CEO highlighted that the Punjab Board of Investment and Trade has been at the forefront of attracting foreign investments and facilitating trade partnerships. It has proven itself as one of the most effective organisations currently operating in Punjab.

The PBIT represents Punjab in foreign business seminars and has been successful in bringing home major investments from all around the globe, he said. He invited Turkish investors to explore multiple business opportunities in Pakistan especially Punjab and promised that the provincial government would facilitate them in every way.

Published in The Express Tribune, February 15th, 2018.

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