Punjab Chief Minister Shahbaz Sharif has said that due to effective policies of the government, the economic situation has substantially improved in the country. He said foreign exchange reserves had exceeded 13 billion dollars, rupee had stabilised against dollar while confidence of foreign investors had been restored.
He said the government was speedily working on various projects to resolve energy crisis and power generation projects were being set up in Pakistan with the co-operation of friendly countries. All out facilities and incentives were being given to foreign investors, he added. He was talking to a delegation of prominent Turkish investment group Kiler Holding, led by its Chairman Nahit Kiler, who met the Chief Minister, here on Friday.
Matters regarding investment in infrastructure, energy, transport and other sectors in Pakistan especially Punjab were discussed at the meeting. The Turkish group expressed interest in investment in different sectors in Punjab. Talking to the delegation, the CM said Pakistan and Turkey had deep-rooted friendly relations and Pak-Turk friendship had stood the test of time. He said a number of Turkish companies were making investment in different sectors in Punjab.
He said due to business-friendly policies of Punjab government, foreign investment in the province was increasing and the interest shown by the Turkish group in investment in Punjab augured well. The CM said Punjab government would provide all out facilities and incentives to the investors.
Chairman of Kiler Holding, Nahit Kiler said his group wanted to invest in energy, infrastructure and other sectors in Pakistan especially Punjab. He said CM Shahbaz Sharif had taken commendable measures for the promotion of foreign investment in the province. Vice Chairman of the Turkish group Umit Kiler, Vice Chairman LDA Kh Ahmed Hasaan, Director General LDA and concerned officials were also present on the occasion.
Comments
Comments are closed.