Qatar Investment Authority to invest in Turkey: Report

Tuesday, 05 July 2011

Doha: Al Sayed Afi Al Kaaz, chairman of board of the directors of Johan Lang Lasal Turkish company (JLLC), which specialises in the real estate services in Turkey, has confirmed that Qatar Investment Authority (QIA) is ready to invest in the Turkish real estate market.

Al Kaaz said in a statement quoted by Turkish daily Hurriat, that QIA are planning investments in housing, hotels and marketing centers in Turkey.

Al Kaaz said that QIA is convinced with the opportunities in Turkey, as the country is witnessing strong development due to political stability. Al Kaaz indicated that the economical instability in Europe and the political unrest in the middle east are encouraging businessmen to invest in Turkey.

THE PENINSULA


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