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Kosovo seeks Turkish investment in energy, infrastructure

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October 20 (VoirNews) – Kosovo Prime Minister Albin Kurti and Energy Minister Artane Rizvanolli discussed potential investment opportunities in the energy and infrastructure sectors with Turkey-based global conglomerates Limak Holding and Calik Holding.

The government is prioritizing these two sectors in a bid to boost the country’s economy, the Prime Minister’s Office said in a note published on its website on Thursday.

According to the statement, Honorary Chairman of Limak Holding Nihat Ozdemir and Chairman of the Board of Directors of Calik Holding Ahmet Calik expressed interest in investing in these sectors.

A tie-up between the two has operated Kosovo’s energy distribution operator KEDS since 2012, when it signed a €26.3 million ($27.8 million) privatization deal with the government of Kosovo.

Besides KEDS, Calik Holding indirectly owns Kosovo’s third largest lender by assets, Banka Kombetare Tregtare Kosova (BKT Kosova). Limak Holding is the operator of Pristina Airport.

Limak Holding is active in construction, tourism, cement, infrastructure and energy investments, energy contracts, aviation and food. It operates in 14 countries, according to its 2022 report.

Calik Holding operates in the energy, construction, mining, finance and textile sectors in 34 countries across Central Asia, the Balkans, the Middle East and North Africa, according to its website .

($=0.9459 euros)

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