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Turkish Companies Keen to Invest in Pakistan Railways

ISLAMABAD – Pakistan Railways has immense potential to steer connectivity in the region to gain development opportunities and explore new avenues of economic progress, Pakistan’s Minister for Railways Sheikh Rasheed Ahmad said Tuesday.
Addressing an eight-member delegation of Turkish state railway companies, Talamsas and Raymisas, on Monday, he welcomed Turkish firms for investment in railways, during the meeting, Ministry of Railways Secretary Sikandar Sultan Raja briefed the delegation regarding the functioning of different sections, Express Tribune reported.
“Both countries are enjoying deep cordial relations and Pakistan Railways is all set to benefit from these ties,” the minister added.
“Pakistan Railways will utilise Turkish experience and expertise in Railway Carriage Factory and Risalpur Locomotives Factory.”
The minister shared that the entity is widening its network and advancing with international joint ventures. He welcomed the proposal of Turkish partnership.
Expressing keen interest in investing and executing joint ventures with Pakistan Railways, Turkish companies invited Ahmad to visit Turkey to explore country’s railway system.
The companies will visit different organizations of Pakistan Railways and meet with concerned heads to search investment opportunities.
(Sahar News Monitoring Desk)

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