Qatar to make direct investment of $15bn in Turkey

Qatar will make $15 billion of direct investment in Turkey, Qatar’s leader said on a visit to Ankara on Wednesday, said Turkey’s presidential spokesman.

“Qatar has pledged $15 billion of direct investments in Turkey,” tweeted Ibrahim Kalin after President Recep Tayyip Erdogan met with Sheikh Tamim bin Hamad al-Thani, Qatar’s emir, in the capital Ankara.

“Turkish-Qatari relations are based on solid foundations of true friendship and solidarity,” Kalin added.

According to the Turkish presidential press office, Erdogan and al-Thani also exchanged views on bilateral relations and regional developments during their three-hour meeting.

Read: Erdogan says Turkey will boycott US electronics, lira steadies

In an interview Wednesday with Anadolu Agency, Qatar’s Ambassador to Turkey Salem bin Mubarak Al-Shafi said: “The state of Qatar is always proactive in supporting its Turkish brothers.”

Al-Thani’s visit, the diplomat said, “will serve to confirm the close links between the Qatari and Turkish people and their common positions vis-à-vis the many challenges they face.”

He added: “Our strong relations with the Republic of Turkey enjoy a special status among our people.”