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Investors to put 7 bln euros in Turkey's Karaman

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Designated German Finance Minister and Vice-Chancellor Olaf Scholz of the SPD (3R), German Chancellor Angela Merkel of the CDU (C) and German Interior Minister Horst Seehofer of the CSU (5R) pose with the coalition treaty of the conservative CDU/CSU party and the Social Democrats to form a new government flanked by parliamentary group leader of the Social Democrats (SPD) Andrea Nahles, parliamentary group leaders of the Christian democrats (CDU) Volker Kauder and of the Bavarian Christian Social Union (CSU) Alexander Dobrindt General, Secretary of the CDU, Annegret Kramp-Karrenbauer and Secretary General of the CSU Andreas Scheuer in Berlin, on March 12, 2018. / AFP PHOTO / John MACDOUGALL (Photo credit should read JOHN MACDOUGALL/AFP/Getty Images)

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A businessmen group, including investors from Germany, Switzerland and Holland, are planning to invest 7 billion euros ($ 9.95 billion) in Turkey’s central province of Karaman, Dogan News Agecy (DHA) reported on Saturday.

The businessmen, who visited Karaman, allocated a 7 billion euros total amount of budget to invest in wind energy, bio-energy, stock-breeding and agricultural projects, DHA reported.

According to report, sunflower-seed processing factories and stock-breeding in 200 square kilometers are among the planned projects.

“The screening talks are ongoing. But, especially the wind-power project investment is being considered as important. Nearly 60 percent of investment comprises of wind energy… I estimate the infrastructure works will take shape in 2009 regarding the investment issues, in Karaman,” DHA quoted Koksal Gor, a member of Holland state parliament, as saying.

Officials from Zurich Royal Bank of Scotland and Firma WIPA Investment Credit Suisse Bank were also included in the businessmen group.

Source : Hurriyet


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