BRAVO_
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Turkish companies’ investments in Pakistan currently stand at US$ 900 million and it is growing day by day due to healthy profit shares.Stupid comment.
We should invest in Pakistan heavily - this is true. Both nations would benefit immensely. However, no investment should be done in the context of CPEC; no Turkish money should be spent to strengthen China, not even indirectly.
Having said that, it's our duty to support Pakistan. I love them. The Turkish government has to support them. Trade is very relevant for both nations. Why not give Pakistan a bigger market share in Turkey? The currently negotiated FTA could be used to provide Pakistan a better access to the Turkish market.
Pakistan deserves it. They are more than just an ally.
on the other hand Textile, agro products and mining are the sectors where turkish investors can harvest good profit because pakistan has a free trade agreement with China which mean they are directly going to deal with about 20% world population with almost no restrictions...
Turkish contractors have undertaken 8,693 projects in 107 countries with a total value of US$ 322.6 billion. At present 42 Turkish companies are included among the ‘Top 250 International Contractors List’ with an annual turnover of US$ 19.3 billion. With this figure Turkey ranked second in the world after the People’s Republic of China.
On the other hand Turkey is among the world’s top 12 producers of building materials such as cement, glass, steel and ceramic tiles and many other construction related materials, pakistan and turkey also have a free trade agreement which mean any involvement in CPEC can boost not only pakistani but turkish own industries as well, because engagement of their civil manpower and a slight investment can provide them a ground to import their own machinery, materials and related items, so eventually they will earn healthy profits on a long term basis.
Normally when people discuss paksitan they discuss the condition of its government. majority simply ignore that pakistan has a huge population and even if its 15% population has a high purchasing power it still makes about 31 million people which is more than many European countries, those who are in lahore, karachi or islamabad they can easily understand that how properties and housing is expensive in paksitan even in same money a person could buy a home in Dubai... yet people are investing in housing sector that majority projects of well established groups got sold out in their launching days and later people sell them with huge profits ... it shows the potential of housing sector and if our population keep growing like that, this demand will increase, that is why i feel Prime minister housing project will be a game changer because it will boost many sectors and turkey can get its share
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