Turkish PM indicates $300B investment in 10 years

By Fatih Hafiz Mehmet

ANKARA

The Turkish prime minister said on Sunday that $300 billion of investment will be made in the country in the next 10 years.

Binali Yildirim said that $100 billion of investment will be made in the transport sector in the next 10 years in Turkey, as he addressed a meeting of businessmen and representatives of non-governmental organizations in the northwestern Eskisehir city.

He said $100 billion each will be invested in the health technology, and information, communication and virtual reality sectors respectively.

“I am talking about $300 billion of investment. And I am not talking about the distant future, I am talking about the next 10 years,” he said.

"We are working to make our country a center for global investors."

He added that the ruling AK Party had identified all the hurdles foreign investors faced in Turkey, and had removed them one-by-one.

Yildirim said in the last 15 years, $186 billion of global direct investment was made in Turkey.

He added that from 1989 until 2003 this figure was only $14 billion.