World Bank Group to invest 2 billion USD in Turkey

Posted on 27 June 2012

Istanbul, 25 June 2012 – 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 billion 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: Invest inTurkey


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