Turkey Wealth Fund and Iraq Development Fund Sign Strategic Investment MoU
twf
The Turkey Wealth Fund (TVF) and the Iraq Development Fund have signed a Memorandum of Understanding (MoU), laying the foundation for a new era of cross-border investment cooperation. This strategic partnership is designed to strengthen long-term economic relations between the two countries and unlock new opportunities for regional growth.
Focus on Innovation and Key Economic Sectors
According to the official statement, the agreement will support innovation-driven investments in priority sectors such as:
-
Energy
-
Information and communication technologies (ICT)
-
Infrastructure and logistics
-
Automotive
-
Agriculture
-
Financial technologies (fintech)
The MoU also promotes collaboration in areas like knowledge sharing, technology transfer, and the efficient use of resources—indicating a deepening commitment to strategic partnership and mutual development.
“This memorandum creates a platform for innovation-led investment in strategic sectors including energy, ICT, infrastructure, logistics, automotive, agriculture, and fintech.
It also reflects a shared vision focused on resource efficiency, technology exchange, and collaborative knowledge frameworks,” the statement read.
TVF Eyes Regional and Global Partnerships
The Turkey Wealth Fund emphasized that this step aligns with its core mission to pursue strategic capital investments in line with Turkey’s national economic priorities.
“As TVF, we are actively evaluating opportunities for regional and global collaboration to support our goal of making strategic investments that align with Turkey’s economic roadmap,” the fund stated.
