Turkey’s OZ Group to invest in KP uplift projects

PESHAWAR: A delegation of Turkey’s OZ Group held a meeting with Khyber Pakhtunkhwa Assembly Speaker Mushtaq Ghani late Thursday, wherein it was announced that the group will invest in three important sectors of KP.
It was informed that the Turkish group has already registered its firm in Pakistan for investment purposes.
According to KP government officials, the firm would invest in tourism, real estate and agriculture sectors; it intends to start with tourism in the first phase.
Talking to Profit, KP Investment Board Chairman Hussain Dawood Butt said that at present, there are lucrative investment opportunities available in many important sectors of KP, including tourism, minerals, real estate and information technology. Investors from Turkey, China and other countries are showing interest in these sectors, thus paving way for job creation, he added.
“The group’s investment in the tourism sector [in the first phase] will not only highlight the natural resources of the province but will also create employment opportunities for millions of people,” Butt said.
The KP Board of Investment has already briefed the Turkish delegation on key investment areas, including Public Private Partnership (PPP) and potential tourist destinations.
During the meeting between OZ Group delegation and KP Assembly Speaker Mushtaq Ghani, it was agreed that steps would be taken to create employment opportunities by providing all facilities to the Turkish business community in Pakistan.
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