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Tag Archives: Turkey

Turkey’s FDI reaches 892 million USD in January 2012

Istanbul, 15 March 2012 – According to data recently released by Turkey’s Ministry of Economy, Turkey’s Foreign Direct Investment (FDI) was up over 70 percent in the first month of 2012 (January) compared with the same period in 2011. The January figure reached 892 million USD which included 150 million...

Posted on 31 March 2012

It Really is a Special Time to Invest in Turkish Property

It really is a special time to invest in Turkish property. We can say that and you have every right to call us biased. However, I would challenge anyone, impartial, unbiased or otherwise to question our reasoning. It is like a perfect storm. A storm that has been brewing and...

Posted on 23 March 2012

Spot Blue Director on Panel at APITS Live

Those of you planning to attend the A Place in the Sun Live show this year may already know about the buying advice seminars being held this year -- a schedule of seminars giving advice on various aspects of buying property abroad --, but what you may not know is...

Posted on 16 March 2012

All Turkish students to get free tablet PCs

Istanbul, 13 March 2012 - Turkey’s new education project to provide every elementary school student with tablet PCs and all classrooms with electronic boards should create a market of over 7 billion USD over the next 4 years according to Nihat Ergun, Turkey’s Minister of Science, Industry and Technology. Called...

Posted on 13 March 2012

French company buys shares in Turkish airport operator

Istanbul, 12 March 2012 – Owners of Istanbul’s Ataturk Airport operator, TAV Airports, has sold 38% to the French airport operator, French Aeroports de Paris, The total deal is worth over 870 million USD. TAV operates 10 airports, four in Turkey (Istanbul Ataturk, Izmir, Ankara and Gazipasa), two in Georgia,...

Posted on 12 March 2012

Microsoft COO says “..Turkey is doing a good job…”

Istanbul, 9 March 2012 - According to Kevin Turner, Microsoft Chief Operations Officer, Turkey has great potential. On a recent visit to Istanbul Turner said “Turkey’s potential as one of the fastest growing economies is well-recognized around the world. Microsoft Turkey is doing a good job in assisting Turkey’s growth...

Posted on 09 March 2012

31 million 3G telephone users in Turkey

Istanbul, 8 March 2012 - Turkey’s leading telecom companies Avea, Turk Telekom, Vodafone and Turkcell, have sales revenue in excess of 15 billion USD. The total number of mobile subscribers in Turkey has reached over 65 million subscribers with those using 3G networks were over 31 million. The use of...

Posted on 09 March 2012

Turkey’s car industry launches new vehicle at the 2012 Geneva Motor Show

Istanbul, 7 March 2012 - Turkey launches its new Turkish designed, engineered and manufactured vehicle, the Karsan VI taxi, at the 82nd Geneva Motor Show. The V1 taxi was one of the finalists in New York’s recent tender for New York’s “Taxi of Tomorrow”, narrowly losing out to Nissan in...

Posted on 09 March 2012

Turkey – a future world leader ?

Istanbul, 6 March 2012 - According to Jean Guy Carrier, Secretary General of International Chamber of Commerce, Turkey is likely to become one of the world’s leading countries because of its rapidly growing economy. Speaking at a recent G20 Advisory Group meeting hosted by the Union of Chambers and Commodity...

Posted on 07 March 2012

Turkey’s research and development on the up

Istanbul, 5 March 2012 - Nihat Ergun, Turkey’s Minister of Science, Industry and Technology, expects Turkey to spend 3 percent of GDP on research and development by 2023, the year of Turkey’s centennial. Speaking recently Ergun said “The percentage of Turkey’s GDP allocated to R&D expenditure is steadily rising and...

Posted on 07 March 2012