10:27 - 6.11.2024

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 November 6, Fineko/abc.az. The Turkic Investment Fund, established by the Organization of Turkic States (OTS), has officially begun its operations with an impressive $500 million portfolio, ABC.AZ reports, quoting Kubanychbek Omuraliev, the Secretary General of OTS.

"In just two years, we have successfully created the Turkic Investment Fund with a substantial portfolio of $500 million. The fund has already started functioning and is implementing its first projects," he said.

Omuraliev added that the primary objective of the fund is to foster economic development, support businesses, and enhance mutual trade among the member countries of the organization.