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PM Shehbaz meets Turkish businessmen

News Editor 4 June, 2023
Screenshot 2023-06-04 at 9.57.31 AM

Ankara: Prime Minister Shehbaz Sharif met Turkish business leaders after Erdogan’s inauguration. He asked them to invest in Pakistan and partner in energy, agriculture, IT, and construction.

Moreover, The PM promoted joint ventures and foreign direct investment in the discussions. Their discussions focused on expanding trade and investment links to maximize mutual gains from Pakistan’s possibilities and to improve cooperation in important economic areas through Turkish firms’ direct presence and joint ventures with Pakistani peers.

After the two nations signed the historic Trade in Goods Agreement in August last year, which went into effect on May 1, new trade prospects for conventional and non-traditional items opened up.

The PM encouraged Turkish companies to invest in Pakistan, promising full assistance and a favorable business environment.

Anadolu Group, Arcelik, Zorlu, Albayrak, Limak, Dolsar, Turkish Contractors Association, and Pak Yetirim met with the prime minister.

The PM encouraged them to take advantage of an investment-friendly environment and expand during the meeting. Turkish companies thanked him for supporting their operations in Pakistan and informed him of their investment ambitions.

Turkish companies have helped Pakistan’s economy by operating in many fields.

However, energy—particularly hydro and solar—housing and construction, infrastructure, tourism, and transportation offer chances for cooperation. Sinan Ak of Zorlu Group and I discussed wind and solar energy projects at a meeting.

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