Vice President Cevdet Yılmaz stated that Türkiye intends to extend its commerce quantity with Saudi Arabia to $30 billion, as the 2 nations proceed to boost cooperation.
Speaking at Türkiye-Saudi Arabia Investment and Business Forum’s gala dinner in Istanbul, Yılmaz stated the commerce quantity between the nations reached $6.8 billion in 2023, whereas Saudi corporations have made an funding of $2 billion in Türkiye up to now.
“We consider that it is a realistic goal to increase our trade volume in a balanced and rapid way to more than $10 billion in the short term,” he stated.
“We believe investments can increase easily through more frequent events that can bring together our countries’ business worlds,” he added.
Yılmaz stated Türkiye is on the forefront as a area for provide and funding within the post-pandemic interval.
“Türkiye provides opportunities for investors in technology, defense, renewable energy, petrochemicals, finance, tourism and housing as part of international investments,” he stated.
“Saudi Arabia’s sectors that address investors include chemicals, machinery, food and drink processing, automotive, aviation, medicine and biotech, medical equipment and supplies, military industry, renewable energy, construction materials and mining sub-sectors,” he added.
Source: www.dailysabah.com