Istanbul will host the Turkish-Saudi Business OpportunitiesForum on Wednesday, organized by the Turkish Foreign Economic Relations Board in cooperation with the Ministry of Treasury and Finance of Turkey.
According to a statement issued by the Turkish Foreign Economic Relations Board on Monday, trade relations between Turkey and Saudi Arabia have been gaining significant momentum since President Recep Tayyip Erdogan met with Crown Prince Mohammed bin Salman last June in the capital, Ankara.
The statement pointed out that the forum will be held on December 21st and 22nd, with the participation of senior officials, businessmen, and Turkish and Saudi investors, led by the Minister of Treasury and Finance of TurkeyNureddin Nebati and Minister of Investment of Saudi Arabia Khalid Al-Falih.
The forum primarily aims to take effective steps to reach the target of the bilateral trade volume of $10 billion and for the Turkish private sector to play a key role in the mega-projects that Saudi Arabia will launch within the scope of its Vision 2030.
On the sidelines of the forum, sessions and seminars will be organized to discuss new cooperation opportunities in bilateral trade, investment opportunities in Turkey, and introducing Saudi Vision 2030 and the mega-projects in the Kingdom.
Seminars will also be held on the future of construction and real estate, leveraging regional opportunities, and innovation in the agriculture and food sectors.