Under the leadership of BİYOSAD, the Biotechnology Valley Project, which is carried out under the Ministry of Industry and Trade, is being established in Tuzla district of Istanbul with an investment of 12 billion TL. Within the scope of the project, companies at all levels, from giant investors to start-ups, will operate in a wide
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abril 18, 2021
WIND ENERGY INVESTMENTS BOTH FROM TURKEY AND SPAIN
Turkey Wind Energy Association Chairman Erol Güray, considering the feasibility of the investment return and the production capacity of the projects res mini YEKA 20, 30 and 50 can be determined as said megawatts. Stating that different investors can participate in such tenders and it would be possible to realize the power plants faster, Erol
marzo 28, 2021
TURKEY’S ECONOMIC REFORM PACKAGE IN TERMS OF PUBLIC FINANCE
President Recep Tayyip Erdoğan attended the Economic Reforms Introductory Meeting at Haliç Congress Center. President Erdogan explained the economic reform package that envisions changes and innovations in many topics from tax system to banking, insurance to social assistance, employment to public bureaucracy: “We have been carrying out the preparations for this program since November last
febrero 6, 2021
EBRD MADE ITS BIGGEST INVESTMENT TO TURKEY IN 2020
The European Bank for Reconstruction and Development (EBRD) announced a record investment of 5.1 billion euros ($ 5.9 billion) in the first half of 2020 to support economies affected by the coronavirus outbreak. Turkey EBRD’s total investment in the first half of 2020 one in five, or nearly 1 billion euros, while Egypt was the
junio 19, 2020
TURKEY’S GREAT SUCCESS IN GAMING SECTOR
The total volume of the gaming industry in the world has reached $ 135 billion as of last year. Turkey has the largest market with a market size of $ 850 million, 18th World position. According to Commerce Department data, Turkey’s gaming software exports increased by 50 percent in 2017 compared to last year reached
mayo 28, 2020
THE NORMALISATION IN THE TURKISH ECONOMY WILL BE FAST
Turkey Chambers and Stock Exchanges Union (TOBB) President Rifat Hisarcıklıoğlu, noting that it is began to be spoken the normalization in economy thanks to the measures and support implemented «We are ready to reboot and spin the wheels of Economics movement. “ he said. TOBB Economy Meeting, which was held with the participation of 365
mayo 21, 2020
TURKEY RANKED 7TH COUNTRY IN EUROPE IN TERMS OF FOREIGN INVESTMENT IN CLEAN ENERGY FIELDS
FDi Magazine, published by the Financial Times and providing up-to-date information to investors by monitoring foreign investments on a global scale, announced the results of the «Renewable Energy Investment Regions in Europe in 2020» survey. Accordingly, leading countries in the field of clean energy were evaluated in two categories: the number of foreign investment projects
mayo 7, 2020
TRADE MINISTER OF TURKEY EMPHASIZED THE IMPORTANCE OF THREE MAIN SECTORS
Trade Minister Ruhsar Pekcan joined by video conference method to the meeting with the chairmen of 365 chambers, stocks and 61 sectors and Turkey Union of Chambers and Commodity Exchanges (TOBB) President Rifat Hisarcıklıoğlu. Minister Pekcan, in her speech at the meeting, in Covid-19 outbreak of the process, all the ministries in Prime Minister Recep
marzo 13, 2020
RENEWABLE ENERGY DEVELOPMENTS IN SPAIN AND TURKEY
French energy company Total and Spanish Powertis will jointly realize a solar project with a total capacity of 950 MW across Spain. Madrid-based solar power developer Powertis SA has signed a joint development agreement (PPA) with the French energy group Total covering about 1 GW solar power project in Spain. Powertis said in a statement
marzo 13, 2020
THE SITUATION IN CHINA OPENS NEW OPPORTUNITIES TO TURKEY’S INDUSTRY
According to Turkish Enterprise and Business Confederation (TÜRKONFED) Chairman Tarkan Kadooğlu, economic crisis in China could make Turkey the production base and the new address for the investors who is going to leave these countries will be Turkey. Stating that the economic growth has lost momentum in recent years in China, the expansion of the
enero 24, 2020
TURKISH START UP ATTRACTING INVESTORS FROM SILICON VALLEY
According to the statement made by Turkey’s technological initiative Getir, also since 2015, forming a new market for the whole world and in the international arena attracting investors, major investor in Silicon Valley, Sir Michael Moritz, invested 25 million dollars throught his personal investment fund Crankstart. After Moritz, some investors from Brazil and Turkey has
enero 23, 2020
FIRST 100% TURKISH CAR TO BE LAUNCHED
The premiere of ‘Turkey’s Domestic Car’ which have been expected for years in Turkey, was held in Gebze with attendance of President Erdoğan. Erdoğan said, fort he manufacturing of the car the factory will be built in Gebze on the land belongs to Turkish Military Services. According to the decision issued by the President of
enero 23, 2020
TELECOMMUNICATION DEVELOPMENTS IN TURKEY
Vodafone Turkey Top Manager (CEO) Colman Deegan, paved the way of investments, the promotion of investment climate and commissioning of new incentives in this area in Turkey, stating that the candidate to be leader of the telecommunications industry, » in 13 years in the Turkish market we have done a 21 billion over investment. Turkey
enero 17, 2020
TURKEY REVISES INVESTING STRATEGIES FOR 2020
Under the coordination of the Presidency Strategy and Budget Directorate and the Presidency Investment Office, a comprehensive legislation is being prepared to strengthen private sector investor confidence and remove obstacles to accelerating investments. The 11th Development Plan included the objective of making a framework legal regulation on private investments. The same issue is included in