Sunday, August 05, 2007

Iraqi Investors Flee to Turkey - Investor's Iraq Forum

"Fears at home drive Iraqi investors to flee to Turkey

By Ibrahim Buazzi

Azzaman, August 4, 2007

Turkey is the new haven for Iraqi investors who are fleeing the country in droves due to worsening security conditions.

And Istanbul is the destination where reports say investments worth millions of dollars are being made in the form of new ventures and start-ups.

Latest figures released by Istanbul’s Chamber of Commerce show Iraqis topping foreign investors in Turkey with substantial contributions to at least 54 major Turkish businesses."

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