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Nawaz hails Turkish company’s willingness to invest in Pakistan
ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Wednesday said Pakistan offers a host of areas for investment with ideal economic returns for foreign investors.
Talking to Vice Chairman of a leading Turkish company NUROL Group Orguz Carmikli leading a delegation here at the PM’s House, he said Pakistan’s priority sectors for investment include hydel and coal power projects, Karachi-Lahore Motorway and infrastructure development.
The prime minister said NUROL must benefit from the huge business and investment opportunities.
The prime minister said Pakistan faces power shortages and the present government was committed to mitigate the same by exploiting innovative and cheap energy resources.
He said the Pakistan Power Park at Gaddani offers a golden opportunity to invest in coal-based power plants.
Orguz Carmikli expressed his company’s readiness to invest in Gaddani Power Park, Bhasha and Bonji dams and Karachi-Lahore Motorway.
He appreciated that the federal government would provide sovereign guarantees for the construction of these projects and also expressed satisfaction over Pakistan’s legal framework for foreign investment.
Prime minister Sharif said the NUROL may use its expertise in infrastructure development and may construct motorways on BOT basis and benefit from Pakistan’s potential market of over a 180 million people.
The prime minister had met Orguz Carmikli during his recent visit to Turkey. The company focusses on construction of motorway, dams and hydro-electric power plants and has recently constructed Gebze-Izmir Motorway including world’s 3rd largest Izmat Bay suspension bridge at a cost of $9.5 billion.
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Courtesy www.geo.tv
