Punjab Board of Investment and members of Foreign Economic Relations Board Turkey discuss avenues of investment in infrastructure, energy projects

LAHORE: Members of Foreign Economic Relations Board Turkey (DEIK) met Government functionaries to discuss avenues of investment in the infrastructure and energy projects.

The meeting was organized by Punjab Board of Investment & Trade (PBIT) at the Chief Minister’s Secretariat. The visit of the Turkish delegation was a follow-up of the infrastructure road show conducted jointly by PBIT and C&W Department in Turkey last month to attract investors for the Lahore Ring Road Project primarily.

Vice Chairman PBIT Rizwan Ullah Khan while welcoming the participants implored the Turkish delegates to take interest in infrastructure projects with Punjab Government team so it can move forward towards final materialization. He added that Punjab’s present and past interactions with Turkish business fraternity is unfolding many areas of cooperation and opening doors of investment and bilateral trade opportunities and it’s the ripe time that both the countries should enter the next phase of implementation of the joint efforts.

Chief Executive Officer PBIT Sajid Yousfani shed light on miscellaneous investment opportunities in Punjab. Speaking at the occasion, President Turkish-Pakistani Business Council Husyin Akin announced that as a result of Director General PBIT Habib Gillani and Secretary C&W Azam Suleman’s recent visit to Turkey, containers from Turkey with equipment are on their way to Pakistan for setting up four slaughter houses in Punjab.

He expressed his desire for having road shows for the energy sectors in either of the countries before end year on lines of the infrastructure road show held last month. He appreciated PBIT’s role in holding this meeting and pronounced it as a mile stone for cooperation between Turkey and Punjab.

Secretary C&W Punjab Azam Suleman and Secretary Energy Rab Nawaz gave presentations on investment projects in infrastructure and energy sectors respectively and held in-depth talks with the member delegates.

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