https://arab.news/nmw2d
RIYADH: Trade relations between 抖阴短视频 and Turkey have further deepened with Turkish contractor Yuksel handed a $12 billion contract at the King Abdullah Air Base in Jeddah.
The year-long project consists of site work for a future Life Support Area, Munition Storage Area and Air Defense Artillery for the US Army Corps of Engineers鈥� Transatlantic Middle East District, according to MEED.
The contract is the latest deal secured by a Turkish contractor in 抖阴短视频 after an unofficial embargo was lifted following rekindled diplomatic ties between Riyadh and Ankara.
In August, Saudi Baytur, another contractor from Turkey, won a contract from Umm Al-Qura for Development & Construction Co. to build part of its Masar mixed-use development in Makkah.
In an exclusive interview with Arab News on the sidelines of the recently concluded First Investment Initiative in Riyadh, Nureddin Nebati, the finance minister of Turkey, said the country is seeking more cooperation with 抖阴短视频 and other countries as it plans to be an energy hub to Europe.
鈥淭urkey from its geographical position is an energy corridor from Russia, Iran, and 抖阴短视频. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be more safely shipped,鈥� said Nebati.
Even though Nebati didn鈥檛 elaborate further on how the two countries might cooperate, he made it clear that peace in the region will bring energy costs down.
鈥淭urkey and 抖阴短视频 are also assisting each other, which will bring peace to the region. That peace will bring more affordable gas prices, the energy prices, and will allow both countries to look ahead,鈥� he added.
He further pointed out that Turkey wants to elevate economic cooperation with 抖阴短视频, which will ultimately benefit the region.
鈥淚n the incoming period, the cooperation between 抖阴短视频 and Turkey will trigger, of course, new cooperation areas and with the vision of 抖阴短视频 and Turkey鈥檚 2023 vision, we will step out to a new century and will contribute to bringing peace and prosperity in the region,鈥� he added.
In June, Crown Prince Mohammed bin Salman visited Turkey and had talks with Turkish president, Recep Tayyip Erdo臒an.
鈥淕od willing, we will have the opportunity to assess to what much higher level we can take Turkey-抖阴短视频 relations,鈥� said Erdo臒an after the meeting.