Wealth Fund is not in our Channel Istanbul Investment List

Channel Istanbul
Channel Istanbul

Wealth Fund President Zafer Sönmez said that while Kanal is not currently in investment programs, they will make discoveries for the projects that the government has set as a strategic goal.

The Kanal Istanbul project, which has been discussed for years, takes a new dimension with the announcement of the Wealth Fund. kazanwas. Wealth Fund President Zafer Sönmez answered the questions of the Financial Times. In the news by Laura Pitel, Sönmez answered the question of whether there was a political impact on the fund since the president of the fund is President Erdoğan: “Every wealth fund is a political figure. The head of the Singapore Wealth Fund is the prime minister, for example, can it be said that it has no political affiliation? Or Prince Mohammed bin Salman, head of the Public Investment Fund in Saudi Arabia, has no political affiliation?” He used his expression.


Chairman of the Fund Zafer Sönmez emphasized that Kanal Istanbul project is not in our list of Kanal Istanbul projects and that Kanal Istanbul is not ignored. Sönmez added that the fund will work for any means that the government has set as a strategic goal. "We look at feasibility and the economy, if it makes sense, we can invest," said Sonmez.

This statement from the Wealth Fund raised the question whether the Kanal Istanbul project will be canceled.

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