Malaysia’s Khazanah Opens Istanbul Office
Posted on 11/01/2013
Malaysia’s Khazanah Nasional Berhad has opened a regional office in Istanbul called Khazanah Turkey Regional Office Danışmanlık Hizmetleri A.Ş. This is Khazanah’s fourth overseas office following the opening of the San Francisco office. Having a local operation will help the Malaysian state investor access Middle East, Africa and European opportunities. Already, Khazanah and its affiliates have invested more than US$ 1 billion into Turkey.
Khazanah also has substantial investments in Saudi Arabia including a 12% stake in Shuaibah Water and Electricity Company and a 10% stake in investment bank Jadwa Investment.