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Business & Finance

IFC invests $3bn in Turkey over the next four years

ISTANBUL : The International Finance Corporation (IFC) envisages investments in Turkey of some $3 billion over the nex
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By Muhammad Iqbal
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ifcISTANBUL: The International Finance Corporation (IFC) envisages investments in Turkey of some $3 billion over the next four years, the head of the World Bank's private-sector lender said on Thursday.

IFC Chief Executive Lars Thunell told Reuters that the financial year to June 2011 was a record year for it in Turkey with investments of around $1.2-1.3 billion including finance mobilisation.

Copyright Reuters, 2011

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