Russian investments in Turkey reach $ 10 bln

Fri 18 August 2017 15:33 GMT | 19:33 Local Time

Text size: bigger smaller

Russia's accumulated investments in the Turkish economy currently amounted to about $ 10 billion.

Report informs citing the Russian media that the due statement came from the Minister of Energy of the Russian Federation Alexander Novak while speaking at the international  trade fair in Izmir.

"Today, the total amount of investment projects of Russian companies in Turkey is more than $ 10 billion, a similar amount invested by Turkish partners in the implementation of projects in Russia," he said.

Novak added that now there are good opportunities for investment in industry, agriculture, high technology.
The minister stressed that the creation of a joint investment fund, in the amount of over $ 1 billion, will also contribute to the potential. It will focus on cooperation in the field of infrastructure construction, healthcare and the erection of buildings for commerce.




Most read articles

More from Russia

In The Region

Editor Picks

Azerbaijan Cuisine

Explore the food of Azerbaijan - from sherbet to succulent kebab, from baklava to fragrant pilaff

Follow us

Find us on Facebook

Real estate