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Tag Archives: Investment

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

Turkey’s increases renewable wind power capacity

Istanbul, 7 February 2012 - According to the European Wind Energy Association Turkey’s new wind farms added 470 MWs of electricity capacity in 2011, added to Turkey’s existing wind power capacity this took the total to near 1,800 MWs a 36 percent increase. This extra production takes Turkey into the...

Posted on 09 February 2012

Istanbul considering the privatisation of its public car parking services

Istanbul, 6 February 2012 - Following the successful privatisation of Istanbul Ferry Lines in 2011 the Istanbul Metropolitan Municipality is considering privatisation of its  Istanbul Parking Operations Company (ISPARK) which manages the public parking in the 28 districts of Istanbul. Founded 7 years ago with over 2,000 employees the company...

Posted on 06 February 2012

French company Renault increases its investment in Turkey

Istanbul, 3 February 2012 - With its Turkish partner Oyak Holdings, Renault, the French auto manufacturer, is to invest USD 254 million in its manufacturing plant in Turkey. In 2012 Renualt intends to start production of new Clio 4 Supermini together with its upgraded Megane 3 hatchback as well as...

Posted on 03 February 2012

Istanbul Number One in European Property Investment

Since the downturn struck I could count the number of times the Guardian has covered Turkish property, in the mainstream sections anyway, but we have a cracker in today's. After winning for the last 2 years on the trot, Istanbul has once again be named the property  investment hotspot of...

Posted on 03 February 2012

Real estate professionals say Istanbul is the tops for investment

Istanbul, 2 February 2012 - For the second year running a survey conducted by PwC (PricewaterhouseCoopers) and the Urban Land Institute has placed Istanbul as the top European city to invest in commenting “Turkey's appeal is based on a long-term view of the future". 600 European real estate professional were...

Posted on 02 February 2012

US company NCR looks at Turkey as a potential regional base

23 January 2012, Istanbul - NCR the US technology has identified Turkey as its potential regional headquarters. Commenting on a forthcoming visit to Turkey Mr Bill Nuti, the NCR CEO said, “Engineering and call centre investments in Turkey are on the agenda. In order to provide new and better solutions...

Posted on 24 January 2012