Turkey is cradle of investment: Int'l business body

By Gokhan Ergocun</p> <p>ISTANBUL (AA) – Turkey is the cradle of investment with a large number of opportunities, said Bader Al Saeed, the head of the Badeer Investment Platform, on Wednesday.</p> <p>&quot;Investment opportunities, which are provided in Turkey, cannot be found in any other countries,&quot; he told the I. Business World and Investment Opportunities Summit in Istanbul.</p> <p>The two-day summit, with the support of Turkish Presidency's Investment Office and the Turkish Trade Ministry, kicked off on Wednesday.</p> <p>The country offers an environment of trust, peaceful atmosphere, infrastructure, and superstructure for investments, he stated.</p> <p>Saeed said that the Qatari-Turkish joint Badeer Investment Platform would assist international investors — who have plans to make an investment in Turkey.</p> <p>Muhanned Al Masri, the chairman of the executive council of Dubai based Damsco Group, said Turkey is a favorable country to invest with its safety and stability.</p> <p>&quot;Especially Arab investors benefit from Turkey's distinguished environment,&quot; he added.</p> <p>Mehmet Fatih Kacir, the vice president of Turkey's industry and technology ministry, invited international investors to invest in technology start-ups in Turkey.</p> <p>&quot;Turkey has over 20 technoparks, and more than 1,000 research and development centers,&quot; he said.</p> <p>He underlined that Turkey provides incentives in several sectors such as manufacturing, automotive, education, rail and seaways, and energy.</p> <p>International investors, who earn in Turkey, can transfer their incomes via banks and financial institutions without constraint, Kacir stressed.</p> <p>He also said Turkey has a market of 80 million population and it is a regional hub to reach $28 trillion-economy.