USD 100 million investment deal with South Korea


Star - Türkiye and South Korea will sign an investment deal worth USD 100 million during Turkish President Abdullah Gul’s visit to the Far Eastern nation on June 13-16, read a statement by Türkiye’s Foreign Economic Relations Board (DEIK). The deal involves waste recycling and Compressed Natural Gas (CNG) transportation projects.


According to the statement made by DEIK, President Gul, accompanied by more than 70 businessmen, will attend the 12th Turkish-Korean Business Council Joint Meeting, where the deal between the Head of the Istanbul Public Transport Authority (IETT) Hayri Baracli, Bolu Municipality Mayor Alaaddin Yilmaz, and Korean NH Investments and CEV Holdings for the USD 100 million investment projects will be signed.

Türkiye; South Korea; Korean investment; Türkiye-Korea trade; Abdullah Gul; official visit; investment deal; waste recycling; CNG