Prime Minister Shehbaz Sharif on Saturday invited Turkish companies to expand their investments in several sectors in Pakistan, including energy, mining and minerals, infrastructure, maritime and logistics, information technology, telecommunications, manufacturing, agriculture and privatisation.

According to a statement issued by the Prime Minister’s Office, the development came as the premier held a series of meetings with senior executives from Turkiye’s leading business groups and industry organisations in Istanbul during his official trip.

The statement said PM Shehbaz reaffirmed Pakistan’s commitment to “strengthening economic cooperation and attracting greater Turkish investment across key sectors of the economy”.

He also underscored the deep-rooted brotherly ties between Pakistan and Turkiye and emphasised the importance of translating the two countries’ exceptional relationship into a stronger economic and investment partnership, it added.

PM Shehbaz also discussed Pakistan’s improving macroeconomic fundamentals and investor-friendly policy framework, adding that the government is committed to ensuring “a transparent, predictable and business-friendly investment environment”.

“He noted that the Special Investment Facilitation Council (SIFC), working in close coordination with the relevant federal and provincial authorities, continues to provide one-window facilitation and institutional support for strategic investors,” the statement said.

Speaking with the chairman of Çalık Holding, Ahmet Çalık, Shehbaz stressed opportunities in Pakistan’s energy, infrastructure, information technology and privatisation sectors, welcoming the company’s interest in expanding its operations in Pakistan.

He also invited Albayrak Group to expand its investments in maritime infrastructure, port modernisation and logistics, “recognising its important contribution to Pakistan’s connectivity and infrastructure development”.

The statement said the premier appreciated the Union of Chambers and Commodity Exchanges of Turkiye (TOBB) for its “continued efforts to strengthen business-to-business engagement between Pakistan and Turkiye” in a meeting with the organisation’s president.

He further proposed a structured institutional mechanism for regular interaction between the private sectors of both countries and invited TOBB to lead a high-level business delegation to Pakistan to explore emerging investment opportunities firsthand.

According to the PMO, the Turkish business leaders expressed confidence in Pakistan’s economic outlook, the press release said, adding that the business groups “reaffirmed their interest in expanding investments and developing long-term partnerships across a range of strategic sectors”.

Last week, Pakistan and Turkiye signed three MoUs aimed at enhancing institutional collaboration, technical cooperation and knowledge sharing in the power sector during high-level consultations held in Istanbul.

PM Shehbaz had arrived in Istanbul on Friday for an official visit at the invitation of President Recep Tayyip Erdogan, after attending the funeral of Iranian supreme leader Ayatollah Ali Khamenei.