Business ties: Faisalabad encourages Turkish investment

DCO assures maximum return for investors

FAISALABAD: Calling Faisalabad one of the most lucrative cities for Turkish investment, the city’s District Coordination Officer, Noorul Amin, has said that recent measures taken for infrastructural development will make the city a major driver of national economic growth in the next couple of years.

Speaking to a Turkish delegation at the Faisalabad Chamber of Commerce and Industry (FCCI), Amin praised the city for its potential and assured the delegation that their investment would provide maximum returns.

He said the FCCI and the district administration were working as partners to improve infrastructure facilities in Faisalabad.

“The administration holds the business community in the highest esteem as they earn more than $6 billion per annum for the country.”

Amin disclosed that the master plan and the peri-urban plan had been completed and now projects being undertaken were aimed at providing a favourable investment climate.

FCCI President Rizwan Ashraf said the chamber had 5,000 members in its fold and was bridging the gap between the business community and the government.

“Trade delegations can play a major role in improving bilateral relations,” said Ashraf. “In this connection, the Pak-Turk Business Association (PTBA) has played a major role.”

PTBA Secretary General Nida Yalma said Turkish businessmen intended to engage in long-term and sustained business relations with their Pakistani counterparts. Yalma said the quality of Turkish products was comparatively high as it was exporting 65% of export goods to the EU countries.

Published in The Express Tribune, April 26^th, 2015.

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