Gulf fund signs $6 bln invesment deal with Turkey
Güncelleme Tarihi:
Anatolian Agency
OluÅŸturulma Tarihi: Ekim 31, 2008 11:00
Vision3, a Gulf investment fund made up of three financial institutions, has signed an agreement of intent with Turkey to invest $6 billion.
Haberin Devamı
The fund consists of Ithmaar Bank B.S.C., Abu Dhabi Investment House and Gulf Finance House under the umbrella of a project called Vision3 to invest in
agriculture and infrastructure.
The agreement was signed at a press conference organized by the Investment Support and Promotion Agency of Turkey and attended by Turkish Deputy Prime Minister Nazim Ekren.
First part of the $6 billion of investment is planned to be made next year in modern agriculture and stockbreeding in southeastern Turkey where the Southeastern Anatolia Project (GAP), a multi-sector integrated regional development project, is implemented.Â