Turkey reclaims top spot as biggest recipient country of EBRD investments in 2020

FMCG Turk

January 19, 2021

Turkey has overtaken Egypt to reclaim the top spot as the single biggest recipient country of investments by the European Bank for Reconstruction and Development (EBRD) in 2020

In its annual operational statement Thursday, the bank said Turkey received 1.7 billion euros ($2.06 billion) in investments last year through 33 projects.

The bank had invested around 1 billion euros in 35 projects in the country in 2019.

The EBRD noted that it made record investments worth 11 billion euros in 2020 login or sign up to read the complete news...