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Turkey in the News: Even the Spanish are investing in Turkey

Posted on 15 March 2011

Date: 24/02/2011
Turkey in the News: Even the Spanish are investing in Turkey

In a recent report, Expansion, a leading Spanish business newspaper has published an article on Turkey’s energy and infrastructure projects saying “Turkey is about to undertake a massive modernization program, worth more than USD 150 billion”.
The goes on to say “Turkey’s large population, increasing income and strategic location altogether make Turkey more attractive than ever in the eyes of Europe” adding “Turkish-Spanish trade volume has reached EUR 7 billion and Spanish investments in Turkey amount to EUR 3 billion, with 370 Spanish companies active in the country”
The Turkish Government’s inward investment agency’s (ISPAT) representative in Spain, Yasemen Korukcu said “The number of Spanish companies in Turkey is set to increase, as the country offers many opportunities”.
22 February 2011 Invest in Turkey

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