Mubasher: Turkish Metcap Energy Investments and Qatari Fusion Dynamic on Monday unveiled a plan to invest around $5.2 billion in Turkey.
Metcap Petrochemicals, the evenly held joint venture, will build a natural gas-based chemical facility in the Thrace region with $4 billion in investment, the two firms said in a joint statement on Monday.
The petrochemical company will also invest around $1.2 billion in natural gas-fuled power plants in the northwestern Kirklareli province and central Karaman province.