LAHORE, May 6: Turkish-Pakistan Business Council (TPBC) Chairman Huseyin Akin has said that Foreign Direct Investment (FDI) would get a considerable boost soon as a number of Turkish companies are working out sector-specific investment through joint ventures with their Pakistani counterparts.

He was speaking at a business forum, jointly organised by the Lahore Chamber of Commerce and Industry and the Punjab Board of Investment and Trade (PBIT) on Friday.

The TPBC chairman, who was heading a 13-member business delegation, said that growing Punjab GDP and an attractive business atmosphere were a great opportunity for Turkish corporations to make investment.

The high profile visits in the recent past from Pakistan gave further motivation to Turkish businessmen towards their commitment to do business in Pakistan, he added.

He said that Turkish-Pakistan Business Council was actively involved in developing business relations between Pakistan and Turkey and the TPBC would continue to be the main driver of further enhancement in bilateral relations.

He hoped that concrete business agreements would be signed during their visit to Pakistan.

LCCI President Shahzad Ali Malik sought Turkish cooperation to overcome energy shortage in Pakistan, adding, energy was an important issue for Pakistan's economic growth and Turkey had vast experience of exploiting hydro and other energy sources.—APP