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Turkey: OIZ investors to benefit from free land allocation

Date: 11/08/2010Turkey: OIZ investors to benefit from free land allocation The practice of allocating land to companies investing in Organized Industrial Zones (OIZs) for free will soon begin again. Turkey’s Minister of Industry and Trade Nihat Ergun said the free land allocation that has been in effect for the last...

Posted on 14 February 2011

Turkey: German retailer Rossmann to open 250 stores in Turkey

Date: 09/08/2010Turkey: German retailer Rossmann to open 250 stores in Turkey German drugstore chain Rossmann has entered the Turkish market with the opening of two stores in the capital, Ankara. Rossmann plans to have 250 stores in Turkey by 2015, with major Turkish cities like Izmir and Bursa being the...

Posted on 14 February 2011

Turkey: Tourism figures increase 9.26 percent in the first half

Date: 09/08/2010Turkey: Tourism figures increase 9.26 percent in the first halfThe number of tourists visiting Turkey in the first half of 2010 increased 9.26 percent compared to the same period of 2009. Culture and Tourism Ministry Promotion Director General Cumhur Güven Tasbasi told Anatolia news agency on Sunday that while...

Posted on 14 February 2011

Turkey: Foreign investments in Turkish energy sector reach TRY 15 billion

Date: 03/08/2010Turkey: Foreign investments in Turkish energy sector reach TRY 15 billion Investments in the Turkish energy industry realised with foreign participation have exceeded TRY 15 billion, according to data released by the official governing body for the industry. Thermal energy sources remain the most attractive section of the energy...

Posted on 14 February 2011

Turkey: British cement producer to invest USD 200 million in Black Sea town of Samsun

Date: 03/08/2010Turkey: British cement producer to invest USD 200 million in Black Sea town of Samsun The British company Black Stone will invest USD 200 million in a cement factory in the Vezirkopru district of Samsun on the Black Sea coast. Some 344000m2 of land is already allocated for the...

Posted on 14 February 2011

Turkey: “Foreign banks eager to provide loans to Turkey”

Date: 02/08/2010Turkey: “Foreign banks eager to provide loans to Turkey” Turkish banks’ impressive performance is considered as a “success story” in international banking circles, according to Akbank’s Executive Vice President of International Banking, Hulya Kefeli. Kefeli, assessing foreign investors’ interest in the country and the developments in the foreign markets...

Posted on 14 February 2011

Turkey: Foreign interest high in Turkish privatizations

Date: 02/08/2010Turkey: Foreign interest high in Turkish privatizations Turkey’s privatization offerings are attracting an increasing number of foreign investors, according to Privatization Administration (OIB) Vice President Ahmet Aksu. “Turkey is on track with the scheduled privatization projects” said Aksu in an interview, adding that foreign interest in privatization tenders was...

Posted on 14 February 2011

Turkey: Foreign interest mounts in TurkeyÂ’s retail sector

Date: 30/07/2010Turkey: Foreign interest mounts in Turkey’s retail sector Turkey’s organized retail sector is bent on expanding with the increasing number of shopping malls opening all over the country. There are currently 247 shopping malls in service, and by the end of 2011, 62 more will have been built, increasing...

Posted on 14 February 2011

Turkey: Fund manager Mark Mobius to increase investments in Turkey

Date: 30/07/2010Turkey: Fund manager Mark Mobius to increase investments in Turkey Globally renowned investor and fund manager Mark Mobius is planning to increase his assets of Turkish stocks. The Executive Chairman of Templeton Asset Management, Mobius cited attractive prices and long-term potential when assessing the Turkish economy. “We have already...

Posted on 14 February 2011

Turkey: British PM says Turkey-Britain to double trade

Date: 28/07/2010Turkey: British PM says Turkey-Britain to double trade The British Prime Minister David Cameron, currently on an official visit to Turkey, has praised the Turkish economy and its growth figures, calling for increased trade ties between the two countries. Cameron’s visit to Turkey is his second foreign tour after...

Posted on 14 February 2011