Istanbul summit hosts 1,500 business meetings

Istanbul summit hosts 1,500 business meetings

Istanbul summit hosts 1,500 business meetings

Some 1,500 meetings between domestic and foreign investors were held at the Turkey-Qatar Badeer Investment Platform summit.

The two-day I. Business World and Investment Opportunities Summit ended on Dec. 6.

The summit was attended by 300 foreign investors and 100 domestic business-people from various sectors, the platform said in a statement.

Foreign investors across the world including the U.S., Russia, France, and Qatar, are expected to invest $3 billion in Turkey, it added.

Bader Al Saeed, the head of Badeer Investment Platform, said on Dec. 5 that Turkey was the cradle of investment with a large number of opportunities.

“Investment opportunities, which are provided in Turkey, cannot be found in any other country,” he added.

The platform assists international investors who have plans to invest in Turkey to get citizenship and choosing the right finance options, location and sector.

Ali Ercoşkun, a board member of the platform, said in a statement that Turkey had some of the best investment incentives in the world.

“In recent years, especially Arab countries have been interested in investing in Turkey,” he said.

He added that Qatari people’s investments in Turkey totaled $1.75 billion in the last eight years and they want to invest $500 million in 2019.

The summit was held with support of the Turkish Presidency’s Investment Office and Trade Ministry.

Turkey supports international investors at every stage from feasibility studies to accessing financing and choosing the right location, Arda Ermut, the head of the Investment Office said, speaking at the summit.

“Even a company established by 100 percent foreign capital is treated as a Turkish firm,” he added.

ISTANBUL, Turkish economy,