Pakistan to encourage Turkish’s investment in CPEC SEZ

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ISLAMABAD, : Prime Minister Shahbaz Sharif welcomed Turkish investment in CPEC Special Economic Zones (SEZs), to transfer technology and start manufacturing in Pakistan.

According to Gwadar Pro, during his three-day official visit to Turkey, the prime minister had extensive interaction with leading Turkish businessmen and potential investors from diverse sectors.

While talking to Anadolu Agency in an interview, the PM said that Pakistan fully supported the five-pronged approach of China’s Belt and Road Initiative (BRI) with the emphasis on physical connectivity, financial cooperation, trade facilitation, policy consultation, and people-to-people linkages.

He said, “with CPEC we have successfully realized our countries’ shared vision and BRI’s ideals. With CPEC entering a new phase of high-quality development, our Belt and Road cooperation will accelerate Pakistan’s industrial and economic modernization.”

“Pakistan is committed to the high-quality development of CPEC, including improvements in Pakistan’s railways’ infrastructure and full realization of Gwadar Port’s potential,” he added.

​Earlier, the premier had proposed turning CPEC into a “trilateral arrangement” between China, Pakistan and Turkey so that all three nations could benefit from its potential.