"Turkish Investment Fund" was established for the Turkic world with the membership of Azerbaijan

The Turkish Investment Fund of the Turkish Investment Fund was launched and strengthened within the framework of cooperation within the Organization of Turkic States.
It is expected that the Turkish states will gain an important place in the world economy by reaching an economic size of 1.9 trillion dollars. In the framework of the Turkish World 2040 Vision Document, the main goal of establishing the Turkish Investment Fund is to ensure the development of economic and commercial relations between the Turkish States. Turkey Investment Fund with its authorized capital of 500 million dollars will accelerate both our public and private sector investments.
In addition, the Fund will provide technical support to projects in many areas. The fund will play an important role in the growth of SMEs and increase investments in many areas such as infrastructure, renewable energy, agriculture and tourism and will contribute to sustainable economic development.
Azerbaijan's Deputy Minister of Economy Elnur Aliyev also said that Azerbaijan attaches great importance to the continuation of cooperation within the framework of the Organization of Turkic States and emphasized the importance of strengthening mutual interests and relations with the member countries of the Organization of Turkic States in all fields.
Aliyev reminded that the President of Azerbaijan Ilham Aliyev emphasized that the Organization of Turkic States is the main international organization of Azerbaijan.
Elnur Aliyev said that Azerbaijan's trade turnover with member states of the Organization of Turkic States has increased by approximately 24 percent compared to the previous year. said.
Hungary also intends to become a member of the fund and its membership issue is being considered.