Antalya still the hot spot for property buyers

Antalya, 30 March 2012 – Antalya again leads the field for international property buyers in Turkey. According to data released from the Land Registry Directorate, 42,000 foreigners have bought property in the Antalya region with the Mugla region coming second with over 20,000 foreigners property buyers. Turkey’s has a total...

Posted on 13 April 2012

Turkey’s gas distribution privatisation attracting international investors

Istanbul, 29 March 2012 - The 80 percent privatisation of Baskent Dogalgaz, Turkey’s second largest gas distribution company and supplier to Ankara area, is attracting strong international interest. Partnering local companies, Turkish China’s ENN Group and a Saudi based investment fund are amongst the leaders. According to the Acting President...

Posted on 13 April 2012

A new wind blowing through Turkey

Istanbul, 28 March 2012 - Turkey’s Alke Insaat has announced a new Joint Venture company with the US company TPI Composites, one the world’s most advanced composite wind turbine blade manufacturers. A new 33,000 square metre factory in Turkey’s west coast port of Izmir will employ 350 workers. Turkey is...

Posted on 13 April 2012

US Secretary of Commerce Praises Turkey’s Economic Progress

The US secretary of Commerce, John Bryson, has praised the economic progress Turkey has made over the last decade, and thinks Turkey could well become one of the 10 largest economies in the world in the future. He was speaking at a lunch organised by the progressive think tank Centre...

Posted on 13 April 2012

Turkey to sign Free Trade Agreement with South Korea

Istanbul, 27 March 2012 – Turkey has signed the framework for a new Free Trade Agreement with South Korea. On a recent visit to Seoul, Recep Tayyip Erdogan, Turkey’s Prime Minister, accompanied by Turkey’s Minister of Foreign Affairs, Minister of Energy and Natural Resources, Minister of Economy and Turkey’s Inward...

Posted on 13 April 2012

New natural gas storage facilities for Turkey

Istanbul, 26 March 2012 - With Turkey’s natural gas consumption dramatically increasing the Russian energy company Gazprom is investigating the construction of natural gas storage facilities in Turkey. According to a Gazprom spokesman “Whenever Turkey has had any problems with other natural gas providers, it has always looked to Gazprom...

Posted on 13 April 2012

Turkey Property: Things to Watch for in 2012

Turkey property is currently among the most popular overseas property destinations in the world. Here are some of the big events potential property buyers should be watching out for this year. The New Law: Most potential property buyers will have heard about the new law. For those that haven't; the...

Posted on 12 April 2012

Izmir Port to Benefit from Expansion Plus New Cruise Marina

Izmir port is to be rehabilitated and revitalotation">55d-e5b0-d74a-27b68=" "="" span="">128b48" class="textannotation">9777c6246cfa" class="textann<sss="textannotation">pan id="urn:enhancement-9ebc1726-138d-55f2-2c90-480e6cd78cae" class="textannotation">otatio</sn">ised by the state railway authority in an effort to increase its capacity and revenue. In a statement re"">4-e036-f1dd-0e4e1ead67b1" class="textannotation">tion">leased this week the authority >"textannotation">extannotation">said thpan id=" urn:enhancement-c99051c4-d234-b531-518b-e5d73586476e="" span="">" class="textannotation">b136" class="textannotation">at because of a lengthy privatisation process,...

Posted on 07 April 2012

Turkey Renews Call on EU to Lift Visa Requirements

The chief negotiator and European Union Minister for Turkey, Egemen Bagis, has once again called on EU executives to lift visa requirements for Turkish citizens. Bagis has formally written to European commissioners and the European Parliament as well as the European media, members of non-governmental organisations and think tank organisations,...

Posted on 05 April 2012

Unilever to build a new production plant in Turkey

Istanbul, 23 March 2012 – Unilever is set to invest 100 million USD for a new production plant in Aksaray, in central Turkey. The new plant will increase Unilever’s ice cream brand ‘Algida’ production and is expected to come on stream by May 2013. Source: Invest in Turkey

Posted on 04 April 2012