News
11.09.2017
260

Turkey, Kazakhstan sign investment agreements

Turkish and Kazakh companies signed on Sept. 9 investment agreements worth $590 million, according to Kazakhstan’s Prime Ministry.

Kazakhstan’s national company Kazakh Invest and Turkey’s private companies including Çalık Holding, Yıldırım Holding, Yıldızlar SSS Holding and Agrobest Group made agreements with the efforts of the Embassy of Kazakhstan in Ankara, said a written statement from the ministry.

According to the statement, the agreements cover a range of fields, including construction materials, machine production, energy, metallurgy and chemical manufacture.

In the last five years, Turkish companies carried out 18 investment projects worth $667.5 million in Kazakhstan. 

Ten more projects will be implemented in the upcoming period, it added. 

The statement also said Turkey’s investments in Kazakhstan had reached $2.1 billion so far in total, with $925.1 million alone in the first half of 2017.


source: Hurriyet Daily News


11.09.2017

Important news

All news
Tourism

The first passengers were the Deputy Prime Minister and Minister of Tourism of Northern Cyprus, Fikri Ataoglu, as well as the Minister of Public Works and Transportation, Erhan Arıklı.

Read more 10.04.2025
News

According to the results of March 2025, the most lucrative investment was the euro, with a return of 3.83%. According to analysts, gold yielded 2.9% for investors, while the BIST 100 index rose by 1.66%.

Read more 10.04.2025
World News

Forbes magazine has released its new list of billionaires, with the number of billionaires surpassing 3000 for the first time. The leaders of the list are well-known business tycoons and tech giants, including Elon Musk, Mark Zuckerberg, and Jeff Bezos.

Read more 10.04.2025
Life in Turkey

The municipality of Alanya has implemented important changes as part of the Şehirsel Dönüşüm program, aimed at improving the efficiency and transparency of urban modernization processes.

Read more 09.04.2025
>