Global Trade Alert
Global Trade Alert

Turkiye: The government establishes the Sovereign Wealth Fund in order to support investments contributing to local development

Announcement

26 Aug 2017

On 26 August 2016, the government of Turkiye its Official Gazette number 29813 published The Law on the Establishment of Turkish Wealth Fund -- i.e. a Law which has been effective since 19 August 2016. The scope of this Fund is to provide support to investment projects which contribute towards the overall development of Turkiye.

 

 

 

 

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

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No implementation date

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Updated: 26 Aug 2017
State aid, nes

The government of Türkiye on 19 August 2017, established its Sovereign Wealth Fund. According to the Law guiding its establishment, the primary scope of this Fund would be to ensure the availa...

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