French companies plan to invest €5 billion ($5.3 billion) in Turkey by 2027, a French minister has said. French businesses invested €3.6 billion between 2020 andFrench companies plan to invest €5 billion ($5.3 billion) in Turkey by 2027, a French minister has said. French businesses invested €3.6 billion between 2020 and
French companies to invest $5bn in Turkey by 2027, minister says
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French companies plan to invest €5 billion ($5.3 billion) in Turkey by 2027, a French minister has said.
French businesses invested €3.6 billion between 2020 and 2024, the state-run Anadolu news agency reported, quoting minister delegate for foreign trade and economic attractiveness Nicolas Forissier.
Bilateral trade between the two nations reached a record €24 billion as of 2025, he said, adding that French enterprises support 400,000 jobs in Turkey through direct and indirect employment.
Turkey’s Limak Group and Bpifrance, a French state-owned investment bank, will implement a new project worth €150 million, the minister said, without giving further details.
Ronesans, a Turkish contracting and investment company, will also sign an agreement with Bpifrance worth €50 million.
Bpifrance provides a total financing facility of €1.8 billion in Turkey, he said.
Further reading:
- Turkish stocks ride a swell in investor confidence
- IMF welcomes Turkey’s work on inflation, but wants more progress
- Turkey’s TPAO and BP to explore projects in Iraq and Asia
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