turkey: Proposed by China in 2013, the Belt and Road Initiative refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which aims to build a trade and infrastructure network connecting Asia with Europe, Africa and beyond along the ancient trade routes of the Silk Road, according to Global Times China. In a recent report launched by the China-led Asian Infrastructure Investment Bank, Turkey was highlighted as a priority country with rapidly growing pipeline projects. Turkey, a geographical bridge linking Europe and Asia, is a keen and ready participant in BRI which spans more than 70 countries and regions. A concrete investment by this bank in Turkey is the Salt Lake underground gas storage facility project, the second phase of which was launched on July 29 and is expected to be completed by 2023. Meanwhile, more than 100 Chinese companies will attend the Izmir International Fair as China is the partner country in the 88th edition scheduled for Sept. 6 to 14, according to an official from the Chinese Embassy in Ankara. As the world's largest storage project under construction, the joint venture between China's CAMC Engineering and Turkish IC Ictas Construction will increase the storage capacity of the underground gas storage facility to 5.4 billion cubic meters by 2023, according to Turkish Energy and Natural Resources Minister Fatih Donmez.
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