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Tag Archives: Investment

Number of property buyers in Turkey set to increase

Istanbul, 16 April 2012 - With Turkish property sales to foreigners set to reach 2.5 billion USD Turkey intends to reach even more foreign buyers through a series of roadshows. Turkey is currently changing the law of reciprocity to allow citizens of all countries to buy property in Turkey. The...

Posted on 18 April 2012

Turkey and China sign investment agreements worth billions

Istanbul, 12 April 2012 - During the recent official visit to China by Turkey’s Prime Minister to attend Turkish-Chinese Economic and Trade Cooperation Forum held in Beijing, PM Recep Tayyip Erdogan invited Chinese companies to invest in Turkey saying, “Chinese investors should take advantage of the recently unveiled incentives regime....

Posted on 18 April 2012

More US companies invest in Turkey

Istanbul, 11th April 2012 - According to Rizanur Meral, President of the Turkish Confederation of Businessmen and Industrialists, more US companies have been setting up businesses in Turkey over the last 4 years. According to Meral “Some 400 US companies have established a presence in Turkey since 2007, taking the...

Posted on 13 April 2012

Turkish company given role in developing new generation Fiat vehicles

Istanbul, 10th April 2012 - Tofas, one of Turkey’s leading automotive companies will take up the role as Fiat’s research and development centre for Europe, the Middle East and Africa. Tofas is a joint venture between Turkey’s leading Koc Holding’s company and Fiat, Italy’s largest automotive manufacturer. The company has...

Posted on 13 April 2012

Goldman Sachs invests 240 million USD in Turkey

Istanbul, 10th April 2012 - Goldman Sachs, the global investment and securities company,  has bought a 13.3 percent share in Aksa Enerji a subsidiary Kazanci Holding. The deal worth 240 million USD had an immediate effect on the company driving the value of the company up to 1.8 billion USD....

Posted on 13 April 2012

US company looks at a coal gasification plant in Turkey

Istanbul, 5 April 2012 - US based Energy Allied International is assessing a gasification plant in Turkey according to Mike Nassar, Allied’s CEO. Because Turkey little in the way of oil and gas reserves lignite gasification offers Turkey a way of reducing its reliance on imported fuels, commenting on the...

Posted on 13 April 2012

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

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