Investments of Turkish businessmen in Saudi Arabia reach USD 10 billion

Turkey’s investments in Saudi Arabia reach 10 bln USD

The investments of Turkish businessmen in Saudi Arabia reached 10 billion USD.

Hasan Aydemir, head of Turkish Businessmen Council in Saudi Arabia, told AA on Monday that Turkish businessmen were mainly working on contractor services in Saudi Arabia.

Regarding problems of Turkish businessmen in the country, Aydemir said that Turkish businessmen were not allowed to get awarded with tenders directly, adding that they could make business only by the help of a Saudi company.

Noting that investments of Turkish businessmen in Saudi Arabia reached 10 billion USD, Aydemir said that Turkish companies undertook projects such as King Abdallah business center in Riyadh and Jabal Omar business center in Mecca.

05.03.2012
SOURCE: CUMHURIYET ENGLISH