Foreign investment: Investors discuss prospects with CM

The chief minister said several projects initiated with Chinese and Turkish funding were underway


Our Correspondent November 08, 2015
The chief minister said several projects initiated with Chinese and Turkish funding were underway. PHOTO: EXPRESS

LAHORE:


Delegations of Chinese and Turkish investors called on Chief Minister Shahbaz Sharif on Sunday to discuss prospects for investment in the province. 


A press release said the investors expressed interest in funding coal- and solid waste- based power projects. Investment opportunities in construction and transport sectors were also discussed in the meetings.

Zo Energy president Yu Yong and Albayrak Group chairman Ahmet Albayrak were part of the delegations.

The chief minister said several projects initiated with Chinese and Turkish funding were underway. He said the government was committed to meeting deadlines for completion of projects in the energy sector. Albayrak chairman Ahmet Albayrak said his group had invested $10 billion in various projects in the province. He said the group was considering expanding its project portfolio to energy and construction sectors as well.

A Turkish investment group donated 750 bags of warm clothes for families affected by the October 26 earthquake. Group’s chairman Abdul Kadir Toran said Turks were grieved over the loss of lives and property in the earthquake.

Iqbal Day

In his message for Iqbal Day, Sharif urged the need to promote Allama Muhammad Iqbal’s vision of a modern nation-state for the country. He said Iqbal’s philosophy would be helpful in efforts to build an inclusive narrative for the country.

Published in The Express Tribune, November 8th, 2015.

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