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Thursday, March 28, 2024

Turkish growth boosts investment confidence

Turkish Prime MInister, Ahmet Davutoglu meets with U.S. invstors.

Investment executives from Goldman Sachs met in New York last week with Turkish Prime Minister Ahmet Davutoglum, according to the Turkish American Chamber of Commerce and Industry.

Davutoglu said Turkey has presented itself as a viable target for international investment.

"It seems to me there are still big infrastructure opportunities in the country," co-head of Goldman Sachs' Investment Banking Division John Waldron said. "Mr. Prime Minister focused on continued investment in infrastructure. The start of an airport project is an example. There seems to be lots of opportunity in infrastructure investing."

Deputy Prime Minister Ali Babacan was also in attendance, and said the reassuring meetings clarified international viewpoints on economic leadership. Both parties agreed Turkey has a more stable economy than regional countries such as Ukraine and Syria.

During the the delegation's visit, Davutoglu also spoke with representatives of Turkish-American associations in New York.