Turkish companies interested in setting up industrial units in Pakistan


The post Turkish companies interested in establishing commercial systems in Pakistan appeared initially on Profit by Pakistan Today.This material was initially released here.

ISLAMABAD: Turkish companies on Monday expressed interest in setting up industrial systems in Pakistan to begin production activities for satisfying the needs of the building industry.
Interest to this effect was shown by a delegation of Turkish business that checked out the Islamabad Chamber of Commerce and Industry (ICCI), stated a news release.
Imarat Group of Companies Chairman Shafiq Akbar together with ICCI President Sardar Yasir Ilyas Khan, ICCI former president Muhammad Ejaz Abbasi, Islamabad Builders Association (IBA) President Chaudhry Naseer and others accompanied the Turkish delegation that included ADO Group President Mustafa Sak, ADO Chairman Kamil Arsalan, and Bricks Plus and NG Kutahya Seramik Porselen Turizm Area Manager Mustafa Orhon.
Sardar Yasir informed the Turkish delegation about potential business and financial investment chances in Pakistans realty and construction sector.
He stated that Pakistan was a big market with a big need for housing units and industrial buildings, including that the current government had actually revealed a really appealing package to improve building activities, making it the correct time for foreign financiers to explore the nations property and building industry for joint ventures (JVs) and financial investment.
The ICCI president assured the foreign delegation that the commerce chamber would extend all possible support and facilitation for this function.
Speaking at the celebration, ADO Group President Mustafa Sak concurred with he ICCI president over the potential for investment in Pakistan and included that they desired to establish industrial units to produce construction materials and items.
He said that their collaboration with Pakistani equivalents would be helpful for both Pakistan and Turkey.|Pakistan and Turkey have actually worked to work out a preferential trading contract, aiming to considerably increase trade and investments, especially in transport, telecommunications, production, tourist and other markets and we hope that its finalisation would even more increase the volume of bilateral trade in between the two nations,” he added.
Shafiq Akbar stated that Imarat Group was working to bring more investors from Turkey to Pakistan that would not only benefit them, it would likewise further strengthen the bonds of friendship in between Turkey and Pakistan.
He stated that if Turkish investors set up commercial units in Pakistan with their proficiency in innovation to capitalise on emerging financial investment opportunities, it would assist in maximising financial growth and increasing exports of Pakistan.


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