Turkey to speed up Istanbul Finance Center project
- Economy
- Anadolu Agency
- Published Date: 06:53 | 27 August 2019
- Modified Date: 06:53 | 27 August 2019
Turkey Wealth Fund backs the acceleration of The Istanbul Finance Center (IFC) project, general manager of the fund said on Tuesday.
"We aim to complete the project in 2021-end or at the beginning of 2022," Zafer Sönmez told Anadolu Agency.
The fund will be the initial financial investor in IFC's structure, he said.
"We eye to see not only finance companies but also firms run totally overseas oriented business," Sönmez added.
Established in 2016, Turkey Wealth Fund holds the total or part of shares of several Turkish companies such as national flag carrier Turkish Airlines, telecommunications giant Turk Telekom, private lenders Ziraat and Halk, as well as Turkish Petroleum and Borsa Istanbul.
OTHER ECONOMY NEWS