ISLAMABAD - A five-member Turkish delegation on Saturday showed great interest in the areas of textile and agriculture of Pakistan. The delegation comprising Yasar Kucukcalik (Owner of KUCUKCALIK Group), Turan Kaygusuz (Owner of ILKON Group) Hakan Datekin, Onur Kaygusuz and Serdar Autsuoglu (Owner of ANKA Textile) visited the Board of Investment here. During the meeting, Minister of State/Chairman BOI Saleem H. Mandviwalla briefed the delegate about his visit to Turkey. Executive Director General, Board of Investment, Humayun Sikandari gave a detailed presentation on the investment policy, incentives package, Special Economic Zones and tremendous potential available in the field of agriculture, textile and energy. He highlighted that the current investments data from July-September 2010 is $1.3 million and We are expecting a huge increase after the current visit of Prime Minister Yousuf Raza Gilani and the Chairman Board of Investment. He further said that Pakistan is the 4th largest cotton producer & 3rd largest cotton consumer. Textile is the main driver of exports for the last 50 years and the sector has enjoyed the investment of $7.5 billion over the last ten years. Talking about the incentives provided to the investors, he said, We have availability of internationally acclaimed raw cotton and there are Dedicated Textile and Garment 'Cities. There is a notable reduction of import duty to 5 percent on textile machinery and parts and ginning presses. Research and Development (R&D) support of 6 percent and turnover tax reduced to 1 percent and sales tax reduced to 2 percent. While land is available at Karachi Garment City, Lahore Garments City and Faisalabad Garments City to develop the industries: light engineering factories, textile industries, garments industries, ginning factories, power looms & carpet industry. Speaking to the meeting, Yasar Kucukcalik gave details about KUCUKCALIK. He said as an international manufacturer for home textile market, the factories located in Bursa-Inegol and Istanbul-Turkey. We are able to produce 7 million meter fabric per month and 85 pct of this amount is exported to 46 different countries with the power of 2000 employers.