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Turkey intends to invest in the Belarusian construction and engineering

November 2nd, Minsk / Kate Markovich - BELTA /. Turkey intends to invest in the Belarusian construction and engineering. This was announced by Gursel Ongoren the Turkish co-chair of the board of the Belarusian-Turkish business cooperation at the board meeting held in the Belarusian on November 2nd in the Chamber of Commerce, according to the BelTA.

"The Turkish side is interested to invest in the Belarusian construction and engineering. We are waiting for interesting proposals in these areas. In addition, we would like to increase the volume of Turkish investments in the free economic zones of Belarus", - says Gursel Ongoren.

The Co-Chair of the Board noted that the economic and political relations between the two countries are actively developing during the last 10 years. The Turkish business community has been pleased to observe the economic development of Belarus and continues to invest in the Belarusian economy. Thus the Turkish investment has increased by 3.8 times in comparison with the first half of 2011 and $ 21.7 million (total) to the same period of the last year.

The success examples of Turkish investors in Belarus are: the "Tyurksel" - a telecommunication company which acquired 80% of stake of the GSM-operator CJSC "BeST" in Belarusian for $ 600 million in 2008; the "Princess Group" company which erected the "Crowne Plaza Minsk" hotel. This hotel was estimated with $ 34 million.

09 November 2011
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