Turkey’s $350bn big build to test financing capacity limits

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Turkey’s $350bn big build to test financing capacity limits

Gerald Hayes
January 08, 2014 10:30 AM

For all the short and long-dated liquidity in the local banking system, Turkey will struggle to realise even part of its extravagant infrastructure programme that will need as much as $350bn by 2023 without international support. As Philip Moore reports, the bond market will have to play a key role.

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