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Category Archives: Turkey News

London hosts the Turkish Investment Summit

Date: 27/10/2009 London hosts the Turkish Investment Summit The Turkish Embassy in London and the European Bank for Reconstruction and Development (EBRD) are jointly organizing the "Turkish Investment Summit” this week. Speaking at the event, Alpaslan Korkmaz, President of the Investment Support and Promotion Agency of Turkey (ISPAT), said, “Turkey...

Posted on 14 February 2011

New marina under construction in Turkey’s Çesme

Date: 27/10/2009 New marina under construction in Turkey's Çesme IC Holding and Camper & Nicholsons rented the Çesme marina, which is currently under construction, for 25 years under the build-operate-transfer model in 2006. Çesme, a coastal town near the Aegean port city of Izmir, is about to get a new...

Posted on 14 February 2011

ECB President Trichet: Turkey makes successful reforms

Date: 21/10/2009 ECB President Trichet: Turkey makes successful reforms Jean-Claude Trichet, President of the European Central Bank (ECB), said Turkey has made successful reforms in its EU economic adjustment process. In an exclusive interview with the AA news agency, Trichet highlighted the importance of Turkey's reforms in its EU membership...

Posted on 14 February 2011

Turkey – European Free Zone to set up a wind power plant

Date: 21/10/2009 Turkey - European Free Zone to set up a wind power plant The European Free Zone’s (EFZ) work on the construction of a 500 kilowatt per hour (kWh) wind power station are ongoing, said Zafer Atbakan, General Manager of the zone, located in the industrial center of the...

Posted on 14 February 2011

Italian ambassador: EU needs Turkey more than Turkey needs it

Date: 12/10/2009 Italian ambassador: EU needs Turkey more than Turkey needs it Italian Ambassador to Ankara Carlo Marsili said Europe can only be a global actor with Turkey’s membership. In an interview with Star daily, Marsili stated, “A person only needs to spend 48 hours in Turkey to understand that...

Posted on 14 February 2011

Turkey – Countdown for oil, natural gas exploration in the Black Sea

Date: 12/10/2009 Turkey - Countdown for oil, natural gas exploration in the Black Sea The Turkish Minister of Energy and Natural Resources Taner Yildiz said this week that Turkey could launch an oil and natural gas exploration project off the Black Sea coast before the year end. Speaking to reporters...

Posted on 14 February 2011

IMF expects rapid growth in Turkish economy in 2010

Date: 06/10/2009 IMF expects rapid growth in Turkish economy in 2010 The International Monetary Fund (IMF) head said on Sunday that if Turkey continues to implement sound economic practices, it could achieve an economic performance better than macroeconomic expectations. In an exclusive interview with the AA correspondent in Istanbul, which...

Posted on 14 February 2011

TurkeyÂ’s natural gas production to be doubled

Date: 06/10/2009 Turkey’s natural gas production to be doubled Efforts are underway to finish the construction of the Turkish Petroleum Corporation's (TPAO) natural gas production and drilling platform in Romania which will double Turkey's natural gas production. A Romanian company is constructing the giant platform in a dockyard for TPAO...

Posted on 14 February 2011

Government to construct new airports in Istanbul, Turkey

Date: 05/10/2009 Government to construct new airports in Istanbul, Turkey The Turkish Prime Minister Recep Tayyip Erdogan said this week that the government is planning to construct several new airports in Istanbul. Addressing the opening session of the 10th Transportation Council in Istanbul, Erdogan said Turkey will invest USD 350...

Posted on 14 February 2011

Air Berlin starts cooperation with Turkish Airline

Date: 05/10/2009 Air Berlin starts cooperation with Turkish Airline “Pegasus and Air Berlin have very strong presence in Turkey and Germany and both have changed the way our guests fly in our respective home markets,' says Ali Sabanci, chairman of Pegasus Airlines. Air Berlin, Germany’s second-largest airline company, and Pegasus...

Posted on 14 February 2011