Islamabad: A delegation of Turkish investors recently expressed keen interest in supporting Pakistan’s construction sector by setting up industrial units in the country, a news source reported on November 16. The delegation members revealed their intent during a visit to the Islamabad Chamber of Commerce and Industry (ICCI).
In his briefing to the persons concerned, ICCI President Sardar Yasir Ilyas Khan stated that Pakistan had a massive market with huge demand for housing units and commercial buildings. He also apprised the Turkish delegation regarding the government’s recent incentive package for the construction sector.
He stated that it was the right time for international investors to explore the country’s real estate and construction industry for joint ventures (JVs) and investment opportunities; adding that the government would extended all possible assistance to the investors for setting up ventures in Pakistan.
In response, ADO Group President Mustafa Sak stated that given Pakistan’s investment potential, they were interested is establishing units to produce construction material and products to meet the local construction industry’s demands.