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El Salvador Receives $1.62 billion Investment from Turkey's Yilport to Support "Bitcoin City"
The Salvadoran government said Sunday that Turkish holding company Yilport will invest $1.62 billion in two Salvadoran seaports, the largest private investment in the country's history, in hopes of supporting the construction of its "Bitcoin City." "This will be a company jointly owned by Yilport and El Salvador that will operate the two seaports for the next 50 years," the government said in a video statement shared by Salvadoran President Nayib Bukele on Monday.
2024-08-12 23:49:27
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