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Turkey – Alanya Gazipasa Airport: What’s the Story?

Date: 13/04/2010Turkey - Alanya Gazipasa Airport: What’s the Story? Many of you will have heard that the Gazipasa Airport, the closest airport to the Alanya hotspot, is to welcome its first international flight on the 22nd of May. This will be an important milestone in the history of the airport,...

Posted on 14 February 2011

World Bank: Turkey regional leader in renewable energy

Date: 09/04/2010World Bank: Turkey regional leader in renewable energy Turkey is a leader in the region for its efforts to find renewable sources of energy and has taken important steps in developing its vital energy sector, said World Bank Country Director Ulrich Zachau. Speaking in Ankara yesterday when presenting a...

Posted on 14 February 2011

Turkey – Burger King reaches 300th restaurant, signals new investments

Date: 09/04/2010Turkey - Burger King reaches 300th restaurant, signals new investments Having opened its 300th restaurant in Turkey, fast food restaurant chain Burger King has reached the highest growth figures after its home country, the USA. TAB Gida, franchisor of Burger King in Turkey, has opened more than 100 restaurants...

Posted on 14 February 2011

Turkey fast becoming an R&D center for multinational companies

Date: 08/04/2010Turkey fast becoming an R&D center for multinational companies The latest R&D incentives, combined with Turkey’s highly trained and skilled work force, is turning the country into a “technology development center” for international companies. According to data issued by the Ministry of Industry and Trade, the number of companies...

Posted on 14 February 2011

Turkish automotive industry readying itself for the “green“ revolution

Date: 08/04/2010Turkish automotive industry readying itself for the “green“ revolution While the first electric-powered cars are not expected to roll out before 2011, the Ministry of Industry and Trade has already stepped up efforts to assist the country’s booming automotive industry for the coming electric age. A report prepared by...

Posted on 14 February 2011

Turkey – Travel agency expects a better year

Date: 07/04/2010Turkey - Travel agency expects a better year Turkey is likely to have a good tourism season this year if Spain and Greece do not reduce prices, a travel agency official said Tuesday. "The possibility of reduced prices in Spain and Greece, major destinations for European tourists, especially for...

Posted on 14 February 2011

Turkey – New broadcasting law raises foreign shares in TV companies

Date: 07/04/2010Turkey - New broadcasting law raises foreign shares in TV companies A new draft law regarding the establishment and shareholding structure of TV and radio broadcasting corporations brings Turkey’s broadcasting industry to the focus of international investors. Prepared by the Radio and Television Supreme Council (RTUK), the draft law...

Posted on 14 February 2011

Turkish Government takes new steps to assist investors

Date: 06/04/2010Turkish Government takes new steps to assist investors The Turkish government is getting ready for a new initiative to increase employment and uplift economic activities. Often criticized as being “too complex” by the country’s business bodies, certain bureaucratic procedures involved in getting licenses and permits will soon be eradicated,...

Posted on 14 February 2011

World Bank – TurkeyÂ’s growth to exceed expectations

Date: 06/04/2010 World Bank - Turkey’s growth to exceed expectations Turkey's economy could grow six percent in 2010, well exceeding an official projection of 3.5 percent growth, and its current account deficit can be easily financed this year, said the World Bank on Monday. Data last week showed Turkey's economy...

Posted on 14 February 2011

2 billion euro for Turkish real estate investment

Date: 01/04/20102 billion euro for Turkish real estate investment Germany’s DIK (Deutsche Infrastruktur Kapital), one of the world’s four largest companies in the infrastructure sector, entered the Turkish real estate sector by forming a partnership with the Turkish company Timur Gayrimenkul. In the press conference held by the partners, DIK...

Posted on 14 February 2011