Founder of Pak-Turk Business Council, Turgat Bayan stated this here on Monday during a meeting with Chairman BOI, Mohammad Zubair to apprise about the forthcoming investments from Turkey. He stated that currently the FDI of Turkey in Pakistan is $370M and
He recounted about the Metro Bus service of Turkey which is state of the art infrastructure example in Pakistan and better than the same service in Turkey due to its 9km elevated portion which is
not even constructed in Ankara.
Turkey has also applied for the license of Turkish Tv channel, Samanyolu in Pakistan, that will broadcast Urdu and Turkish content simultaneously, he informed.
Furthermore, in the education sector, Turkey and Pakistan are exchanging students for higher education and 23 Pak-Turk schools are already working in Pakistan to promote Turkish language and culture in order to build cultural and economic linkages between the two brethren Muslim countries.
Talking to the media, Chairman BOI said that Turkey is also interested in the hydropower and alternate energy projects in Pakistan and wants to support the government to overcome the energy crisis.
He further told about a meeting with OPIC tomorrow. OPIC has a $1 billion credit line set aside for energy projects in Pakistan. And BOI will present Mahl Hydropower Project, 80 MW Neckeherdim – Paur Hydropower Project and 58 MW Turtonas – Uzghor Hydropower Project to the OPIC for investment.
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