Business

GE plans RM2.7b investment in Turkey

June 11, 2012

ISTANBUL, June 11 — General Electric Co. will invest $900 million (RM2.7 billion) in Turkey's infrastructure development and innovation projects over the next three years, John Rice, Vice Chairman and President of GE global growth and operations said today in Istanbul.

GE will produce its wind turbines in Turkey during these three years, Turkish Economy Minister Zafer Caglayan told reporters at the same conference. — Reuters