Turkey to modernize F-16 fighter jets of Pakistan Air Force

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ISTANBUL: Multiple relations between Pakistan and Turkey are rapidly growing in the field of defense since the latter is committed to modernizing its fleet of F-16 will cost US dollar Islamabad 75 million, said a senior official of Turkey-Asia Pacific Council Advice Foreign Economic Relations (DEIK) on Saturday.

The two countries have reached agreement on a draft aviation in which Istanbul will be the modernization of aircraft dogfight Pakistan and some of them have already been transferred to Turkey, the coordinator Volkan YUZER regional while conference told a group of visiting journalists from Asia-Pacific countries.

He said Turkey was aircraft engines F-16 production, in addition to some of its spare parts as well.

Questioned about the great business opportunities in Pakistan, he said at least 100 Turkish companies already doing business successfully in Pakistan. These companies have invested 2.7 billion US dollars in various projects in Pakistan until 2014.

More investment in Turkey, he said, is expected in energy projects, infrastructure and drinks. He disclosed that the Turkish Coca Cola Company is expected to bring in $ 250 million investment in Pakistan over the next 3 years.

Fielding another question, he said, he had great potential for investment in the dairy industry in Pakistan, as it was one of the major milk producing countries in the world.

Fontera Company, which was a big name in this industry, he said, was interested in making investments in the dairy industry but did not disclose further details.

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