AIRLINK 80.74 Increased By ▲ 2.35 (3%)
BOP 5.28 Decreased By ▼ -0.06 (-1.12%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.56 Decreased By ▼ -0.95 (-1.21%)
FCCL 20.65 Increased By ▲ 0.07 (0.34%)
FFBL 31.90 Decreased By ▼ -0.40 (-1.24%)
FFL 10.00 Decreased By ▼ -0.22 (-2.15%)
GGL 10.30 Increased By ▲ 0.01 (0.1%)
HBL 117.85 Decreased By ▼ -0.65 (-0.55%)
HUBC 134.95 Decreased By ▼ -0.15 (-0.11%)
HUMNL 6.90 Increased By ▲ 0.03 (0.44%)
KEL 4.64 Increased By ▲ 0.47 (11.27%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.80 Decreased By ▼ -0.87 (-2.25%)
OGDC 135.02 Increased By ▲ 0.17 (0.13%)
PAEL 23.55 Increased By ▲ 0.15 (0.64%)
PIAA 26.68 Increased By ▲ 0.04 (0.15%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.49 Increased By ▲ 0.04 (0.04%)
PRL 27.93 Increased By ▲ 0.20 (0.72%)
PTC 14.83 Increased By ▲ 0.23 (1.58%)
SEARL 57.90 Increased By ▲ 1.40 (2.48%)
SNGP 67.25 Increased By ▲ 0.95 (1.43%)
SSGC 11.13 Increased By ▲ 0.19 (1.74%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.63 Decreased By ▼ -0.04 (-0.34%)
TRG 72.98 Increased By ▲ 1.55 (2.17%)
UNITY 25.30 Increased By ▲ 0.79 (3.22%)
WTL 1.42 Increased By ▲ 0.09 (6.77%)
BR100 7,508 Increased By 15.2 (0.2%)
BR30 24,683 Increased By 125.1 (0.51%)
KSE100 72,079 Increased By 27.4 (0.04%)
KSE30 23,768 Decreased By -39.9 (-0.17%)

imageKUWAIT CITY: Turkish Development Minister Lutfi Elvan said Tuesday that Turkish contractors were keen to bring their experiences to Kuwait's $150 billion mega projects in the next five years.

The minister's remarks came at a meeting with his Kuwaiti counterpart, Hind Subaih Barrak Al-Subaih.

"Kuwait is planning to complete within a five-year development plan 523 projects that are worth around $150 billion.

"We expect Minister Al-Subaih to support Turkish companies so that they can get a bigger share of these upcoming superstructure and infrastructure investment projects, especially the airport and subway projects," he said, adding Turkish contractors had so far completed approximately $6.3 billion projects in Kuwait.

Elvan praised Al-Subaih's significant contributions to Turkey-Kuwait relations, and said that the relations between the two ministries would continue to grow.

The Turkish minister also appreciated Kuwait's support for the democratically-elected Turkish government and approach against the July 15 thwarted coup in Turkey.

"They [Kuwaitis] announced in the very early hours [of the July 15 coup bid] that they stood against the coup attempt and supported the Turkish Government. I hereby would like to thank them again," he said.

Elvan was accompanied by a group of prominent Turkish business people on his Kuwait visit, including the chairman of Turkish Exporters Assembly, Mehmet Buyukeksi, chairman of Turkish Contractors Association, Mithat Yenigun and board chairman of Limak Group of Companies, Nihat Ozdemir.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.