Marking a significant move to enhance bilateral trade and investment, Pakistan has offered 1,000 acres of land free of charge to Turkey for establishing a dedicated Export Processing Zone (EPZ) within the Karachi Industrial Park.
The proposal was initially put forward by Prime Minister Shehbaz Sharif during a bilateral meeting with Turkish President Recep Tayyip Erdoğan in April 2025.
The initiative aims to create a streamlined, investor-friendly environment, encourage Turkish investment in Pakistan’s manufacturing and export sectors, and help push bilateral trade towards an ambitious $5 billion target.