Pakistan offers 1,000 acres in Karachi to Turkish Investors
ISTANBUL (News Desk): Pakistan has offered 1,000 acres of land in Karachi Industrial Park to Turkish enterprises for setting up industrial units, as both countries agreed to expand bilateral trade and investment ties.
Federal Minister for Commerce Jam Kamal Khan made the offer during a bilateral meeting with Türkiye’s Minister of Trade Prof. Dr. Ömer Bolat on the sidelines of the 42nd Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) in Istanbul.
According to the Ministry of Commerce, the meeting focused on expanding bilateral trade, promoting Pakistani agricultural exports and strengthening Turkish investment in Pakistan. Both ministers held productive discussions on matters of mutual economic and commercial interest, reaffirming their commitment to further strengthen trade relations.
Jam Kamal Khan invited Turkish businesses to capitalize on the opportunity in Karachi Industrial Park by establishing industrial units and expanding their manufacturing and investment footprint in Pakistan. He said the dedicated land offers significant potential for Turkish companies looking to invest in Pakistan’s growing industrial sector.
The Commerce Minister also highlighted Pakistan’s agricultural export potential and sought Türkiye’s support in facilitating greater market access and increasing exports of Pakistani mangoes to the Turkish market. He appreciated Türkiye’s strong support for Pakistan’s legitimate claims concerning Basmati rice and emphasized the importance of continued cooperation in protecting and promoting Pakistan’s premium agricultural products in international markets.
Responding, Prof. Dr. Ömer Bolat emphasized the importance of effective marketing and branding of Pakistani Basmati rice in Türkiye to strengthen its market presence and enhance consumer recognition. He also assured his full support for increasing imports of Pakistani mangoes, recognizing the potential for expanding agricultural trade between the two countries.
In a significant development, the Turkish Trade Minister agreed to send a delegation of Turkish officials to Pakistan to review existing bilateral trade mechanisms and explore practical measures to further improve trade relations.
Both sides underscored the importance of sustained institutional engagement, enhanced business cooperation and closer coordination to translate existing economic opportunities into tangible trade and investment outcomes.
Separately, Jam Kamal Khan held a meeting with H.E. Ms. Zehra Zümrüt Selçuk, Director General of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC), on the sidelines of the COMCEC session.
During the meeting, the Director General briefed the Commerce Minister on SESRIC’s ongoing activities, research initiatives and reports concerning trade among OIC member countries. She highlighted the institution’s role in providing statistical information and analytical insights to support economic cooperation among Islamic countries.
Jam Kamal appreciated the work undertaken by SESRIC and emphasized the critical importance of accurate, reliable and clean data in economic research and policy analysis. He noted that credible statistical information and evidence-based assessments were essential for identifying emerging trade trends, understanding market dynamics and evaluating trade potential among OIC member states.
The engagements reflected Pakistan’s commitment to strengthening its longstanding brotherly relations with Türkiye through expanded commercial partnerships, agricultural trade and industrial cooperation, while promoting evidence-based economic cooperation and deeper trade integration across the OIC region.