ISTANBUL
"If you want to make money, the right place for you is Turkey. Joint Turkish-Russian investments are great investments in Turkey which continued growing every year and creating new jobs despite the global crisis," Caglayan told the Russian CEOs in a meeting in Istanbul.
Caglayan invited Russian businesspeople to make more investments in Turkey, saying that Turkey had achieved exports worth of 151 billion USD in the last 12 months.
Caglayan said trade volume between Turkey and Russia was up around 10 percent in the first ten months of 2012 to reach 28 billion USD, adding that the figure was expected to reach 33 billion USD end of this year.
Caglayan also called for joint Turkish-Russian investments in third countries.
Caglayan said Turkey planned to build 10 thousand kilometers of high-speed rail tracks and 5 thousand conventional rail tracks, as well as investing more than 130 billion USD in energy projects.
"Within the next ten years Turkey will invest 250 billion USD in energy and transportation alone," Caglayan said.
