FINANCIAL NEWS

Saudi Arabia to invest USD 15bn in Turkey

03 Mar 2016

(MENAFN) KSA are now investing USD 15bn in Turkey, while it seeks to double this amount in the near future, and the investment sectors are power adding up USD 4bn investment.

Accordingly, joining the EU will be a positive step and the Kingdom is working on increasing the rights in Turkey, and it opts to be the second strongest economy in Europe.

Furthermore, KSA prefers to make deals on government level to apply risk management, in order to offer up to 800,000 housing units to KSA amid 10 years.

In addition, Turkey has finished 198 projects in their country among 13 years with a whole value of USD 198bn, and they are open to investments from KSA and to share their experiences.

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