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27-01-21
World Bank implements project to support investments in basic infrastructure in Turkey
(MENAFN)According to the bank, a World Bank-funded project will help Turkey’s Organized Industrial Zones (OIZs) become more capable, environmentally sustainable, and competitive.
The country's Industry and Technology Ministry will implement the project, valued at USD300 million, will support investments in essential infrastructure -- such as roads, water and gas pipelines, and logistics facilities.
The bank added that "A smaller part of the loan will also be dedicated to enhancing the competitiveness OIZs through investment in innovation and training centers linking OIZs with science and research organizations, and academia."
Turkey has 346 OIZs, which add to more than one-third of the country's exports with 2.1 million personnel.
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