Hashim Group of Turkey keen to establish joint ventures in Pakistan

Business News English

Islamabad, November 27, 2020 (PPI-OT): A delegation of the Hashim Group of Turkey led by Emir Han Demir, Head of Operations visited Islamabad Chamber of Commerce and Industry to hold a meeting with Sardar Yasir Ilyas Khan President and showed keen interest to set up joint ventures in Pakistan. Abdul Rehman Khan Vice President ICCI, Malik Jahangir Jan, Country Director Pakistan, Hashim Group, Tasleem Khan Legend Hotel Islamabad and M. Aslam Khokhar Executive Member ICCI were also present at the occasion.

Emir Han Demir said that Hashim Group has business interests in many fields including real estate, mining, tourism, car designing and education in Turkey and they were now exploring Pakistani market for JVs and investment. They said that Pakistan’s economy has great potential to grow and they wanted to bring construction technology and investment to Pakistan to capitalize on the potential business opportunities.

They said that the education sector was another area of interest for them and they were looking at the prospects of bringing partners to Pakistan to invest in education, mining and other sectors. They said that they were setting up an office in Pakistan so that they could take benefit of emerging business and investment opportunities here.

Speaking at the occasion, Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry said that Pakistan and Turkey enjoyed exemplary strong relations that should be transformed into thriving trade relations as the existing volume of bilateral trade between the two countries was not reflective of their actual potential.

He said that Pakistan and Turkey have shown interest to sign an agreement to provide dual nationality to their citizens and stressed that this process should be expedited that would help in increasing bilateral trade and investment between the two countries. He said that Pakistan and Turkey should also finalize FTA that would give a significant boost to bilateral trade.

Briefing the Turkish delegation about the prospective areas of JVs and investment in Pakistan, Sardar Yasir Ilyas Khan said that Pakistan offered great investment opportunities in construction, mining, tourism, automobile, housing and other sectors and urged that Turkish investors should capitalize on these opportunities through JVs and investment. He said that Pakistan’s economy was now showing good prospects and time was ripe for Turkish investors to increase their presence in Pakistani market.

He said that by investing in Pakistan, Turkish companies could get easy access to Central Asia and many other markets for exports. He said that Turkish companies should transfer technology to Pakistan and help in accelerating the pace of industrialization in our country. He assured that ICCI would fully cooperate with Turkish investors in finding right partners in Pakistan. He said that ICCI was actively working to attract FDI towards Pakistan by encouraging the foreign investors to take benefit of the emerging opportunities for business and investment in Pakistan.

For more information, contact:
Islamabad Chamber of Commerce and Industry (ICCI)
Chamber House, Aiwan-e-Sanat-o-Tijarat Road,
Mauve Area, G-8/1, Islamabad, Pakistan
Tel: +92-51-2250526, 2253145, 8432676
Fax: +92-51-2252950
Email: icci@brain.net.pk, info@icci.com.pk
Website: www.icci.com.pk

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