Turkey to set up 50MW windmills

LAHORE - Punjab Chief Minister Muhammad Shahbaz Sharif has said that the people of Punjab are thankful to the Turkish government and investors on the tremendous welcome of their trade delegation. He said that such a delegation of Turkish businessmen will soon visit Punjab. He was addressing a reception hosted in his honour by Department of Foreign Trade (DEIK) of Turkey in Istanbul Saturday. Vice Chairman of Punjab Investment Board Pir Saad Ahsanuddin and heads of prominent international trade organisations also addressed the function. Various MoUs were inked between Pakistani and Turkish investors on this occasion. Four agreements were signed between Ghazi Tractors and Ali Akbar Group with Turk investors are of great importance under which Pakistan and Turkey will make trade in drip irrigation, power irrigation, high quality seeds and telecom sectors. The Chief Minister said that the agreements made with Turkey are good omen for the economy of Pakistan. He said that we have to increase the volume of trade five times with Turkey for which the investors and traders of Punjab can play an important role in this regard. Turk investors assured their full cooperation to the Chief Minister Punjab on this occasion. Murat Barsa, head of a reputed international institution of manufacturing windmills for generating electricity said that his institution has set up 5 mega watts windmills and is intending to set up 50 mega watts windmills in future. He said that the Turk investors had not faced any official hindrance in Pakistan. Contrary to other countries, bureaucracy of Pakistan has always cooperated with Turk investors. Addressing a seminar organised by the Musaid, an organisation of Investors of Muslim World in Turkey, the Chief Minister said that all Muslim countries should cooperate with institutions like Musaid for promotion of mutual trade. Muhammad Shahbaz Sharif met with Kadir Topbas Mayor of Istanbul. The Mayor informed the delegation that he has visited Pakistan many times where he especially visited the Mazar of Hazrat Allama Iqbal. The Chief Minister said that Istanbul and Lahore are twin cities since 1975 and time has come that practical steps should be taken for making this agreement useful for the citizens of both cities.

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