Turkic Investment FundTurkic Council is working for the establishment of a financial mechanism that would contribute to increasing mutual investment opportunities and intra-trade between the member countries as well as developing of entrepreneurship especially Small and Medium sized businesses (SMEs) in creating new jobs and strengthening innovation and ultimately to give impetus to the economic and social development in the Member States.
Therefore, the creation of the Turkic Investment Fund will endow the Turkic Council with a powerful financial instrument capable of mobilizing the economic potential of our Member States. The Secretariat is meticulously carrying out the establishment procedure of the Turkic Investment Fund.
Secretariat in a partnership with consulting company “Ernst & Young” prepared the feasibility study, which contains an extensive analysis on the market-competition and demand assessment, investment strategy design, administration and organization, financial model and economic impact of the Fund. The establishment of the fund has reached the final stage.