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Turkish Airport Traffic Strong and Growing Stronger

Anna.aero, the airport statistics collation website has just published data the performance of all European airports in 2010, as well as their growth in 2011, and the figures for several Turkish airports are nothing short of incredible. The figures for Antalya international airport stand out in particular. Some 21.99 million...

Posted on 29 July 2011

Tourism to Turkey just keeps growing

29 July 2011 - Recently released statistics from Turkstat (Turkish Statistical Institute) shows Turkey’s revenue from tourism has increased by nearly 18 percent in the second quarter of 2011 compared with 2010. Turkey’s tourism plays an important part in the economic growth of the country and reached over 5 Billion USD...

Posted on 29 July 2011

Italians invest in Turkey’s ports

27 July 2011 - Palladio Finanziaria, an Italian private equity group has, through its subsidiary,  purchased a 22 percent equity stake in Global Ports Holding for over 77 Million USD which is set to rise to 25 percent within the next 3 years. Turkey’s Global Ports operates three ports, two on...

Posted on 27 July 2011

Gazipasa Airport Attracts More International Flights

The work has been completed on widening the runway at Gazipasa airport according to a spokesperson for the firm. The runway is now 2000 meters long and 45 meters wide (previously 30 meters wide). As predicted by the firm on this blog last year the runway expansions -- which make...

Posted on 27 July 2011

Istanbul becoming a leading global business location

26 July 2011 - International property consultant CBRE (CB Richard Ellis) has placed Istanbul 27th in the top global business locations. Of the 280 international conglomerates reviewed, 115 have established regional headquarters or operating offices in Istanbul. Top of the location list is Hong Kong with 191 global companies located...

Posted on 26 July 2011

Turkish Housing Sector Presents Excellent Investment Opportunities

According to the latest report from the Real Estate Investing Partners Association (GYODER) Turkey's impressive growth in GDP and income per capita is leading to its presenting some of the finest property investment opportunities in the developing world. The report, titled "Real Estate in Developing Countries and Turkey; Assessments and...

Posted on 25 July 2011

Turkey turns New York yellow

25 July 2011 - The Turkish division of the US Ford Company - Ford Otosan -  has exported the first batch of 200 new Connect taxis to New York City. At a ceremony marking the first shipment, General Manager of Turkey’s Ford Otosan, Nuri Otay, said “The Turkish - manufactured Transit...

Posted on 25 July 2011

Turkey gets an energy boost

22 July 2011 - Launching the Kavaklidere Ornekkoy geothermal field north west of Izmir in Western Turkey, Mr Taner Yildiz, the new Turkish Minister of Energy and Natural Resources, said “Turkey’s energy production from geothermal resources currently stands at 95 MW”, “There are ongoing investments in 11 fields for electricity production,...

Posted on 22 July 2011

Turkey’s Antalya Airport flying high

21 July 2011 - Antalya Airport on Turkey’s southern coast has been voted the “Best Airport in Europe in the 10-25 million passenger” category. Airports Council International (Europe) which represents 400 airports in 46 countries judges this award in a variety of categories including efficiency, structural and commercial development, quality...

Posted on 21 July 2011

France’s BNP Paribas targets Turkey for growth

20th July 2011 - BNP Paribas Cardif, one of the leading European insurance companies believes Turkey is set for strong growth. At a recent press conference, BNP executive, Jean-Bertrand Laroche, said “Turkey has proved itself to be a highly promising market since our first entry in 2007. We expect the...

Posted on 20 July 2011