Menu

Tag Archives: Investment

Internet investors looking at Turkey

Istanbul, 24 February 2012 - Turkey’s online sector is attracting the eyes of the investors with a range of global companies buying in Turkey; South Africa's Naspers has taken a majority stake in the e-commerce site Markafoni; eBay has bought online marketplace GittiGidiyor; Amazon.com has taken a stake in the...

Posted on 24 February 2012

China “Turkey has become one of the most attracting countries in the world”

Istanbul, 22 February 2012 - At the Turkey - China Economic and Commercial Cooperation Forum held in Istanbul today, Xi Jinping, the Chinese Vice President, announced that Chinese and Turkish business had signed agreement worth 4.3 billion USD, commenting "Turkey has become one of the most attracting countries in the...

Posted on 24 February 2012

Turkey to become regional centre for Vodafone

Istanbul, 21 February 2012 – At a recent launch ceremony Vodafone Turkey’s Chief Technology Officer, Jorge Fernandes, has said that Vodafone is to make Turkey its regional HQ for its Middle East and North Africa operations. At the opening ceremony of Vodafone’s new network operation centre in Istanbul, Fernandes said...

Posted on 21 February 2012

Foreign investments in Istanbul up over 100 percent in 2011

Istanbul, 20 February 2012 - A recent report by the Istanbul Chamber of Commerce shows investment in Istanbul has increased by over 100 percent in 2011 compared with the previous year 2010. The report also shows that over 52 percent of the increase comes from foreign investors with the biggest...

Posted on 21 February 2012

Turkish Airlines African expansion plans

Istanbul, 17 February 2012 - Speaking at a recent conference held by the Union of European Turkish Democrats meeting in Germany, Mr Temel Kotli, Turkish Airlines General Manager, announced the company is adding 8 new flights to its African route network of 18 destinations. Kotli said . “Africa is increasingly...

Posted on 17 February 2012

Turkey’s foreign direct investment up 74 percent

Istanbul, 15 February 2012 - Turkey’s foreign direct investment for 2011 reached 15.7 billion USD including property purchases and loans from foreign owned investors to their local Turkish subsidiaries. This amount represented a 74 percent increase on 2010. When outgoing foreign direct investments are taken into account the net inflow...

Posted on 16 February 2012

Turkey’s privatisation programme announcements

Istanbul, 14 February 2012 - Deputy President of Turkey’s Privatization Administration, Mr Ahmet Aksu, has said the privatisation process for Turkey’s highways network is set to start in June. Reports suggest the two Bosphorus Bridges and the associated Istanbul ring roads will be amongst the programme of privatisation as well...

Posted on 14 February 2012

India’s Tata Group looking at investing in Turkey

Istanbul, 13 February 2012 - In a recent newspaper interview Managing Director of TATA Power, Mr Anil Sardana, has put Turkey on the list as one of the places the company may invest. Sardana said TATA Power intends to increase its power production from just under 4,000 MWs to 10,000...

Posted on 14 February 2012

Foreign investment continues to flow into Turkey

Istanbul, 10 February 2012 – Results in a survey conducted by the International Investors Association of Turkey shows Foreign Direct Investment into Turkey is expected to reach 15 billion USD in 2012 - 2 billion USD more than the estimated 2011 figures. Commenting on the survey, Izzet Karaca, Chairman of...

Posted on 10 February 2012

Hilton set to increase its number of hotels in Turkey again

Istanbul, 8 February 2012 - The Hilton hotel group has announced plans to open 13 new hotels in Turkey taking its Hilton branded hotels in Turkey to 33. Making the announcement at the Central Asia and Turkey Hotel Investment Conference, Didier Martin, the Vice President Operations Eastern Europe Israel, Russia...

Posted on 09 February 2012