As a step towards realizing the energy and infrastructure investments which are a part of the new cooperation strategies between Turkey and Pakistan, two agreements were signed in a ceremony held on September 18, 2013, attended by the Prime Minister of Pakistan Nawaz Sharif, the Minister of Economy Zafer Çağlayan, the Governor of Istanbul Hüseyin Avni Mutlu as well as Top Management of STFA.

In the bilateral discussions held during Prime Minister of Pakistan Nawaz Sharif’s visit to Turkey, STFA’s energy and infrastructure investment projects were evaluated. Bilateral meetings were held with the Pakistan Government.

New reciprocal investments in energy and infrastructure between Turkey and Pakistan are intended. Cooperations between the two countries were considered at the meetings held during Prime Minister of Pakistan Nawaz Sharif’s visit to Turkey.

One of the first results of these recently established collaborative relations between Turkey and Pakistan is the deals signed between STFA and Pakistani Government for the construction of a wind farm and power transmission lines. According to the deal signed for the wind farm, STFA will build a 50 MW wind plant in Pakistan. STFA will also undertake the construction of a power transmission line. After serving for 20 years as a contractor in Pakistan, these two deals will bring STFA back to the country, this time as an investor.

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STFA has been invited to sign a contract for Liquid Cargo Terminal Project on BOT basis at Port Qasim in Pakistan. The project was tendered by FWO Enterprises (Pvt.) Limited on 05.01.2006 and STFA has been given the lowest offer.

STFA has received a letter of intent on 01.03.2006 to sign the contract. The value of the project is 10 Million US Dollars and covers the construction of loading platform, berthing dolphins, cat walk, approach bridge, dredging and reclamation, office and building works.

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