April 9, 2018 / 11:33 AM / 3 months ago

Turkey to award $34 billion in incentives to corporate projects: economy ministry

ISTANBUL (Reuters) - Turkey will award a total of 137.4 billion lira ($34 billion) in incentives to projects by companies including Vestel (VESTL.IS), Tosyali, Metcap and Sasa (SASA.IS), the economy ministry said on Monday.

The 23 projects will create 35,000 jobs and contribute $19 billion to the current account, it also said.

Reporting by Nevzat Devranoglu; Writing by Ali Kucukgocmen; Editing by David Dolan

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