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Turkey: Foreign investors view Turkey as ‘investment hotspot’

Date: 26/08/2010 Turkey: Foreign investors view Turkey as ‘investment hotspot’ Turkey’s Industry and Trade Minister Nihat Ergun stated that Turkey is gaining strength in the political arena with each passing day and that this is due to the country’s economic power. Ergun pointed to the fact that Turkey’s potential is...

Posted on 14 February 2011

Turkey: Improving investment grade status ?

Date: 26/08/2010 Turkey: Improving investment grade status ? Turkey’s newfound reputation for financial stability is luring foreign investors, writes Delphine Strauss. Turkey’s financial capital Istanbul's ISE100 equity index has hit record highs. Yields on sovereign debt are close to historic lows. The currency, the Turkish lira, is more stable than...

Posted on 14 February 2011

Turkey: Treasury grants incentive certificates worth TRY 3.85 billion in July

Date: 20/08/2010 Turkey: Treasury grants incentive certificates worth TRY 3.85 billion in July In July, the Turkish Treasury granted a total of 405 investment incentive certificates, worth TRY 3.85 billion of fixed investments. The communiqué issued by the Undersecretariat of the Treasury on the issue was published in yesterday’s Official...

Posted on 14 February 2011

Turkey: GermanyÂ’s Bosch: We will invest EUR 100 million in our 100th year

Date: 20/08/2010 Turkey: Germany’s Bosch: We will invest EUR 100 million in our 100th year Celebrating its 100th anniversary in Turkey, Bosch is planning to invest EUR 100 million this year. The German giant’s Turkey General Manager Hermann Butz says, “We tried to create added-value and confidence for this country,...

Posted on 14 February 2011

Turkey: Antalya to host EuropeÂ’s largest botanic garden

Date: 16/08/2010 Turkey: Antalya to host Europe’s largest botanic garden The Mediterranean’s most popular holiday destination will soon have the largest botanic garden of Europe, adding another sightseeing spot to the tour maps of millions of tourists visiting the Turkish Riviera. The garden, which is to be founded by the...

Posted on 14 February 2011

Turkey: OIZ investors to benefit from free land allocation

Date: 11/08/2010 Turkey: 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...

Posted on 14 February 2011

Turkey: German retailer Rossmann to open 250 stores in Turkey

Date: 09/08/2010 Turkey: 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...

Posted on 14 February 2011

Turkey: Tourism figures increase 9.26 percent in the first half

Date: 09/08/2010 Turkey: Tourism figures increase 9.26 percent in the first half The 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...

Posted on 14 February 2011

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

Date: 03/08/2010 Turkey: 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...

Posted on 14 February 2011

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

Date: 03/08/2010 Turkey: 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...

Posted on 14 February 2011