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  • 27-10-18

    Turkey inks letter of intent with Germany on energy plans

    (MENAFN) Turkey and Germany were announced to have reached an agreement on the development of energy initiatives.

    A letter of intent was inked on the decision in Ankara at the Turkish-German Energy Forum by Turkey's Energy and Natural Resources Minister Fatih Donmez and his German counterpart.

    "I believe wholeheartedly that we will further develop our bilateral cooperation, which has already reached a certain level, by continuing our works in a speedy and result-oriented manner in the areas that this letter of intent covers," the Turkish energy minister stated.

    German firms caused the opening of more than 15,000 job opportunities in Turkey as they allocated a huge amount of financial support in Turkey's energy sector, the minister noted.

    "The high investment amount demonstrates the confidence of German companies and investors in both the sector and the Turkish economy at large," Donmez added.

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