More than 150 new investment projects, with a total value of $24 billion, are testament to investors’ commitment in Turkey in the aftermath of the July 15 failed coup attempt, the president of the Investment Support and Promotion Agency (ISPAT) said on Aug. 11.
ISPAT head Arda Ermut spoke to Anadolu Agency about 158 recent foreign investment decisions in Turkey, Daily Hurriyet News reports.
He said the agency, which came under the Prime Minister’s Office, had talked to foreign investors with new ongoing projects in Turkey after the coup attempt.
“We asked if they would continue their investments in our country or not,” he said.
“The response we got from all the investors was that they will continue. We are closely following 158 projects now with a value of $24 billion. But, regardless of their outcome, which is not determined yet, they all will proceed.”
Ermut said he was surprised by the positive feedback from international investors following the failed coup plot.
“One of our investors from the Gulf region called his Turkish representative to get information on proceedings [after the coup attempt],” he said.
“After he learned what really happened in Turkey, he gave instructions to increase the investment volume in Turkey.”
