General Electric (NYSE: GE) annouced Monday it will invest $900 million in infrastructure projects in Turkey over the next three years.
Turkish Economy Minister Zafer Caglayan said GE's investment will include the construction of wind energy equipment, Reuters reported.
Turkey's electricity demand expected to grow by 6 percent annually, and GE will benefit from government incentive packages aimed at reducing government cost in infrastrucutre development to meet that demand, according to Bloomberg.
