$3B investment opportunities at Badeer Istanbul summit

By Gokhan Ergocun

ISTANBUL (AA) - The Badeer Investment Platform's summit, set to be held next week in Istanbul, offers foreign investors a host of opportunities worth some $3 billion.

The two-day Badeer I. Business World and Investment Opportunities Summit, with support from the Turkey Presidency's Investment Office and the Turkish Trade Ministry, will kick off on Dec. 5.

The summit is expected to bring together around 300 foreign investors from over 40 countries and some 100 domestic investors in sectors such as industry, energy, tourism, construction, defense, high tech, and agriculture.

Turkish Trade Minister Ruhsar Pekcan and chamber representatives will also take part in the summit.

Ali Ercoskun, board member of the Qatari-Turkish joint Badeer Investment Platform, said that Turkey has some of the best investment incentives in the world.

"In recent years, especially Arab countries have been interested in investing in Turkey," he said.

He added that foreign investors need support to get information in a number of areas, such as citizenship, business law, and wise investment projects.

The summit will be held at the Hilton Bomonti Hotel.