Government in efforts to draw more foreign investment

Turkish PM Erdogan will chair a meeting this month to bring together heads of several multinational companies, top officials of International Monetary Fund (IMF) and the World Bank, as well as four leading business associations of Turkey in Istanbul.

Government in efforts to draw more foreign investment
Turkish Prime Minister Recep Tayyip Erdogan will chair a meeting this month to bring together heads of several multinational companies, top officials of International Monetary Fund (IMF) and the World Bank, as well as four leading business associations of Turkey in Istanbul.

Turkey's Investment Advisory Council will convene on June 18th for the fifth time under the chairmanship of Erdogan, Turkish Treasury said in a statement on Wednesday.

Policies carried out in line with council recommendations made at previous meetings played a significant role in Turkey's historical performance to draw foreign direct investments over the past few years, Treasury said.

High level executives of 18 multinational companies --with a total of 755 billion USD of turnovers around the world last year--, as well as IMF's First Deputy Managing Director John Lipsky and Vice President of the World Bank Graeme Wheeler are scheduled to attend the council meeting.

Alshaya, American International Group (AIG), Cisco Systems, Citi, Danone Group, Eldorado Gold Corporation, Fiat SpA, Finmeccanica SpA, Hyundai Motor Company, Indesit Company SpA, ISCAR Ltd., ITOCHU Corporation, MANGO, Nortel Networks Corporation, Novartis International AG, Nunhems B.V., Toyota Motor Corporation, Unicredit Group were the companies to be represented at the meeting, Treasury said.

The council was established in 2004 to improve investment climate in Turkey and scale up Turkey as a country to invest in.

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Güncelleme Tarihi: 04 Haziran 2008, 17:37
YORUM EKLE