Prime Minister Nawaz Sharif Wednesday sought Turkish investment
in hydel and coal power plants, Karachi-Lahore Motorway and infrastructure
development.
The Prime Minster was talking to a Turkish delegation led by
Mr Orguz Carmikli, Vice Chairman of the leading Turkish company NUROL Group.
The Prime Minister said that Pakistan faces power shortages
and the present government is dedicated to mitigate the same by exploiting
innovative and cheap energy resources. He added that Pakistan Power Park at
Gaddani offers a golden opportunity to invest in coal based power plants.
Mr Orguz Carmikli expressed his company’s readiness to invest
in Gaddani Power Park, Basha and Bonji dams and Karachi-Lahore Motorway.
He was pleased to know that the federal Government would
provide sovereign guarantees for the construction of these projects. He further
said that he was satisfied with Pakistan’s legal frame work for foreign
investment.
The Premier noted that utilizing NUROL’s expertise in
infrastructure development, the company may construct motorways on BOT basis.
Nawaz Sharif said that the company must benefit from
Pakistan’s potential market of over a 180 million people.
The Prime Minister had met Mr. Orguz Carmikli during his
recent visit to Turkey. The company is focused on construction of motorway, dams
and hydro-electric power plants and has recently constructed Gebze-Izmir
Motorway including world’s 3rd largest Izmat Bay suspension bridge at a cost of
$ 9.5 billion.
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