Khazanah opens Istanbul office to invest in region

TurkeyKhazanah Nasional Bhd on November 1 announced the opening of its fourth regional office, in Istanbul, to facilitate investments in Turkey and the region, which are of strategic interest to Khazanah and Malaysia, Bernama reported.

“To date, Khazanah and several of its companies have invested a total of more than $1 billion in Turkey,” Khazanah said in a statement.

Khazanah said these investments have demonstrated a profitable and steady rate of growth as reflected in increased market value. Managing Director Tan Sri Azman Mokhtar said the establishment of the Turkey regional office was another milestone for Khazanah as the government’s investment arm strategically expanded its operations into growth markets and sought opportunities overseas that can help create sustainable value for Malaysia.

Khazanah also has regional offices in Beijing, Mumbai and San Francisco. The firm is the strategic investment fund of the Malaysian government entrusted to hold and manage the commercial assets of the government and to undertake strategic investments.



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Khazanah Nasional Bhd on November 1 announced the opening of its fourth regional office, in Istanbul, to facilitate investments in Turkey and the region, which are of strategic interest to Khazanah and Malaysia, Bernama reported. "To date, Khazanah and several of its companies have invested a total of more than $1 billion in Turkey," Khazanah said in a statement. Khazanah said these investments have demonstrated a profitable and steady rate of growth as reflected in increased market value. Managing Director Tan Sri Azman Mokhtar said the establishment of the Turkey regional office was another milestone for Khazanah as the government's...

TurkeyKhazanah Nasional Bhd on November 1 announced the opening of its fourth regional office, in Istanbul, to facilitate investments in Turkey and the region, which are of strategic interest to Khazanah and Malaysia, Bernama reported.

“To date, Khazanah and several of its companies have invested a total of more than $1 billion in Turkey,” Khazanah said in a statement.

Khazanah said these investments have demonstrated a profitable and steady rate of growth as reflected in increased market value. Managing Director Tan Sri Azman Mokhtar said the establishment of the Turkey regional office was another milestone for Khazanah as the government’s investment arm strategically expanded its operations into growth markets and sought opportunities overseas that can help create sustainable value for Malaysia.

Khazanah also has regional offices in Beijing, Mumbai and San Francisco. The firm is the strategic investment fund of the Malaysian government entrusted to hold and manage the commercial assets of the government and to undertake strategic investments.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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