Foreign investment: Turkey to work for Pak infrastructure development

Carmikli expressed readiness to invest in Gaddani power park, Diamer Bhasha Dam and Karachi-Lahore motorway.


APP October 09, 2013
Prime Minister Nawaz Sharif in a meeting with Turkish delegation led by Orguz Carmikli, Vice Chairman NUROL group at PM house on October 09, 2013. PHOTO: PID

ISLAMABAD:


Prime Minister Nawaz Sharif on Wednesday said that Pakistan offers various investment opportunities with ideal economic returns for foreign investors.


Nawaz while talking to the Turkish delegation, led by Vice Chairman NUROL Group, Orguz Carmikli which called on him today, said that Pakistan’s priority sectors for investment include hydel and coal power projects, Karachi-Lahore Motorway and infrastructure development.

The prime minister said Pakistan faces power shortages and the government was committed to mitigate the same by exploiting innovative and cheap energy resources. Carmikli expressed his company’s readiness to invest in Gaddani power park, Diamer Bhasha Dam and Karachi-Lahore motorway.

He also expressed satisfaction over Pakistan’s legal framework for foreign investment and said that NUROL may use its expertise in infrastructure development to construct motorways on Build-Operate-Transfer basis.

Published in The Express Tribune, October 10th, 2013.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

COMMENTS (4)

Ridwan | 6 years ago | Reply | Recommend

@Dhaka:

Turkey has always had close and warm ties to pakistan. It's irrational to think they'd give it up for a relationship with Bangladesh instead. They can invest in both our countries.

Zen.One | 6 years ago | Reply | Recommend

@Dhaka:

I've seen the link you sent earlier about Dacca on skyscrappercity. Found it to be great and very modern. Bangladesh is doing great. Below is a link about our capital city Islamabad. You will find it interesting.

http://www.skyscrapercity.com/showthread.php?t=398050

VIEW MORE COMMENTS
Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ

Load Next Story