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Turkey still safe for investments: Deputy PM

Türkiye Materials 19 February 2016 06:05 (UTC +04:00)
Ankara understands investors’ concerns about terror attacks in Turkey, but the country will again draw investment because its foundations are solid, Deputy Prime Minister Mehmet Shimshek has said in a joint press meeting with the head of the European Bank of Reconstruction and Development (EBRD).
Turkey still safe for investments: Deputy PM

Ankara understands investors' concerns about terror attacks in Turkey, but the country will again draw investment because its foundations are solid, Deputy Prime Minister Mehmet Shimshek has said in a joint press meeting with the head of the European Bank of Reconstruction and Development (EBRD).

Rising violence is a key concern regarding Turkey, but it should not be forgotten that Turkey has fought against terror for the last 40 years, Shimshek noted, adding that there was no need for any economic concerns.

"Turkey has robust foundations and is doing well despite all of the negativities around," he said, according to Anadolu Agency.

"The country has a well-balanced budget and has created new jobs. Namely, Turkey continues to create value, although there are serious geopolitical tensions in its regions...Turkey has fought against terror attacks for the last 40 years. And I do not expect any change here," he said.

"We understand any concerns about the terror attacks, but Turkey has strong basics. I believe the country will be a center of attraction again," he noted, as quoted by Reuters.

At least 28 people were killed and 61 others were injured in a bomb attack on Feb. 17 targeting shuttles carrying military personnel in the Turkish capital Ankara.

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