Madagascar and Turkey seek more economic cooperation
Ankara is interested in increased collaboration in energy, education, and trade, with agriculture and mining also targeted.
Madagascar and Turkey aim to expand their economic partnership to attract more investments and development projects. This goal was stated on Thursday, October 29, in Antananarivo during a reception celebrating the 103rd anniversary of the Turkish Republic. Prime Minister Mamitiana Rajaonarison and several government officials attended the event.
Discussions focused on opportunities within Madagascar's economy, with the Minister of Public Security, Erick Michel Wouli Soumah Idrissa, expressing a desire to deepen bilateral ties. Ambassador Halime Ebru Demircan confirmed Turkey's interest in sectors like energy, education, and trade, highlighting the $80 million Ambohimanambola thermal power plant as a key achievement.
Future collaboration could extend to agriculture, infrastructure, mining, tourism, health, and renewable energy, supporting industrialization and job creation. Several agreements on fishing, electricity, and investment promotion are under discussion, with 181 Malagasy students having received Turkish university scholarships since 1992.
Why it mattersMadagascar's economy could benefit from increased Turkish investment and development projects in key sectors.