Turkey and China to increase joint investments and cooperation

Turkey and China, two of the world’s fastest and growing economies, are looking to increase joint investments and cooperation between the two successful nations.

Representatives from Chinese companies recently met with representatives from Turkish companies at the Turkish-Chinese Trade and Investment Forum to discuss potential agreements that could be made to improve both nations.

The forum, organised by the Turkish Confederation of Businessmen and Industrialists (TUKSON), took place in Ankara on Tuesday. TURKSON President Rizanur Meral, said: “Turkish-Chinese joint investments will pave the way for even greater partnerships in the finance sector and will also contribute to the friendship between both countries. The cooperation agreement we expect to sign will lead to more contracts and meetings to increase the number of joint projects.”

At the forum was the Investment Support and Promotion Agency of Turkey (IPSAT) President, Ilker Ayci, he said: “IPSAT has two representative offices in Beijing and Shanghai, and will soon open its third office in China. Turkey’s demand for energy will increase considerably in the next 10 years. This will present many investment opportunities which we believe Chinese companies should consider.” Ayci was particularly interested to see more Chinese companies invest in Turkish energy, infrastructure, automotive, and food industries.

More investment agreements between Turkey and China will be hugely beneficial to both nations. Both are strong nations growing at a rapid rate, both can look to each other for ways to increase their own economy and investment deals.


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