The Turkic Investment Fund (TIF) has announced the establishment of the Turkic States Investment Promotion Network (TurkIPAnet), EDnews informs.

The launch took place within the Fourth Tashkent International Investment Forum (TIIF 2025).

“The new platform is aimed at strengthening investment cooperation between the countries of the Turkic world, increasing their attractiveness for foreign direct investment, as well as developing mechanisms for knowledge sharing, coordinating efforts, and implementing joint initiatives between investment promotion agencies (IPAs),” the fund noted.

During the forum, the heads of investment agencies of the member countries of the Organization of Turkic States signed a Memorandum of Understanding, which formalized the creation of the TurkIPAnet network. The structure of this agreement, defining the key principles and areas of interaction, was also presented.

The parties emphasized the importance of strengthening coordination in promoting both foreign and domestic regional investments. It was noted that closer cooperation between the IPAs of the Turkic countries is necessary to form an integrated, sustainable, and effective investment space within the Turkic world.

Fatima Shukurova // EDnews