29.08.2016 - Turkey's Sovereign Wealth Fund to ease financing for megaprojects
Turkey's Sovereign Wealth Fund (SWF) will aim to eliminate financing issues for megaprojects, often the biggest obstacle a project can face. It is also expected to turn domestic firms into global players in the fields of defense, aviation and software. Following the publication of the government's decision to create a SWF in the official gazette, the Prime Ministry-led Turkish Wealth Sovereign Fund Management Inc. was established with an estimated capital of TL 50 million ($16.93 million)...............................................Full Article: Source
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