Construction and real estate industry: Imarat Group lucratively brings Turkish giant to invest in Pakistan

ISLAMABAD: Chairman Imarat Group of Companies Shafiq Akbar successfully hosted a grand event at Islamabad's five star hotel. The event saw delegates from both Turkey and Spain, government officials, dignitaries, and people from the business community all sharing a major stake in the real estate and construction sector.

Among the esteemed foreign delegates was President and Chairman ADO Group and ADOPEN Mustafa SAK, the Turkish business tycoon. Others included Kamil Arslan Chairman Brick Plus and Erkan Gural Chairman NG Kutahya.

The other prestigious guests present at the occasion included Federal Minister of Industries and Production Hammad Azhar, Turkish Ambassador to Pakistan, Mustafa Yurdakul, Special Adviser to the Prime Minister on Youth Affairs Usman Dar, Senator Faisal Javed, Chairperson of the Parliamentary Special Committee on Kashmir Shehryar Khan Afridi, Special Assistant to Prime Minister for Overseas Pakistanis and Human Resource Development Sayed Zulfikar Abbas Bukhari, Export Area Manager Tony Perez, senior officials, and other relevant heads from the business community.

After thanking the prestigious guests for their presence Shafiq Akbar highlighted the significance of the housing sector and the opportunities that lie ahead. "Pakistan has the greatest potential in the real estate sector and allied industries. We wish to work towards setting up industries in construction sector maximizing economic growth by increasing exports and decreasing imports," he said.

Mustafa SAK discussed how this collaboration with Pakistan's leading real estate group will prove to be fruitful for both Turkey and Pakistan, after being invited on stage.

Pak-Turk relations have been known to be friendly yet strong, usually termed as 'Kardeler' ("brothers" in Turkish). Both nations have worked to negotiate a preferential trading agreement, aiming to considerably increase trade and investments, especially in transport, telecommunications, manufacturing, tourism and other industries, increasing their volume of bilateral trade.

The Imarat Group of Companies is a conglomerate of Graana.com - Pakistan's Smartest Property Portal, Agency21 International - The Real Estate Agency of the Future, PropSure Digital Solution - A revolutionary way of making Secure investments digitally that have successfully disrupted the real estate industry of Pakistan by replacing conventional practices through stimulating technological advancements across the country.

The higher management of Imarat Group of Companies present at the event included Group Directors Farhan Javed, Sharjeel A Ehmer, Arslan Javed, and Taimoor Abbasi.

While speaking on the occasions, Special Assistant to Prime Minister on Youth Affairs Usman Dar said: "Pakistan has one of the largest and most diverse youth populations in the world. It is a resource for all looking to invest in Pakistan".

Federal Minister of Industries and Production Hammad Azhar lauded the initiative of the Imarat Group to invite foreign investment in Pakistan that will help boost localised industrialisation and in turn, the economy.

"Along with strengthening the bond shared between Turkey and Pakistan, this initiative by the Imarat Group will help attract safe investments in Pakistan, along with positively impacting other sectors as well.

Moreover, Chairperson of the Parliamentary Special Committee on Kashmir Shehryar Khan Afridi highlighted that this partnership will change Pakistan's image on investment in the global arena.-PR

Copyright Business Recorder, 2020