World Bank Group to invest 2 billion USD in Turkey

World Bank Group to invest 2 billion USD in Turkey

According to Lars Thunell, Executive Vice President and CEO of the International Finance Corporation (part of the World Bank Group), International Finance Corporation plans to invest 2 000 000 000 USD in Turkey between 2012 and 2015.

Announcing the investment Thunell said “Turkey’s economy has proven its resilience to the effects of the global financial crisis at a time of increasing global uncertainties and Eurozone debt woes” adding “Turkey implemented key reforms that were needed for a strong economy”. Currently International Finance Corporation covers 52 countries in the Europe and MENA region from its Istanbul offices.

Source: http://www.spotblue.co.uk/turkey-property-news/14477/world-bank-group-to-invest-2-billion-usd-in-turkey/