Turkey to invest 300 bln USD in next decade in transport, technology

(By Xinhua)

Updated: 2017-09-13 07:46:57

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ANKARA, Sept. 10 (Xinhua) -- Turkey will invest a total of 300 billion U.S. dollars in transport and technology sectors in the next ten years, Turkish Prime Minister Binali Yildirim said on Sunday.

During a meeting of businessmen and representatives from non-official organizations in the northwestern Eskisehir city, Yildirim said that 100 billion U.S. dollars will be invested in the transport sector in the next ten years.

Other budget will be invested in health technology, information, communications and virtual reality sectors.

"We are working to make our country a center for global investors," the Prime Minister was quoted by state-run Anadolu Agency as saying.

During the last 15 years, the foreign direct investment in Turkey has recorded at 186 billion U.S. dollars, according to the official statistics.

Data also showed that Turkey received over 4.9 billion U.S. dollars in net foreign direct investment during the first half of 2017.

According to Turkey's Central Bank, the external assets rose by 3.8 percent in the first half of this year compared with the end of 2016, reach a total of 223.7 billion U.S. dollars. Enditem