Pakistan offers 1,000 acres in Karachi for Turkish investors

Pakistan has set aside 1,000 acres at Karachi Industrial Park for Turkish companies, Commerce Minister Jam Kamal Khan said on Wednesday, as the government seeks to draw foreign investment and expand industrial ties. Speaking during a meeting with Türkiye’s Trade Minister Ömer Bolat in Istanbul, Jam Kamal invited Turkish businesses to establish industrial units and increase their manufacturing presence in Pakistan.

The ministers also discussed trade in agricultural products. Jam Kamal sought Turkish support for wider access for Pakistani mangoes, while Bolat backed efforts to increase imports and stressed the value of marketing and branding Pakistani basmati rice in Türkiye.

Bolat agreed to send a Turkish officials’ delegation to Pakistan to review bilateral trade arrangements and identify ways to improve them. Separately, Jam Kamal met SESRIC Director General Zehra Zümrüt Selçuk, discussing research and reliable trade statistics as tools for stronger economic cooperation among OIC members, Business Recorder reported.