The “Canal Istanbul Project” was announced first time on April 27, 2011 by then Prime Minister Tayyip Erdoğan, who was the prime minister at the time. It didn’t have a name then, it was described as the ‘Crazy Project’. According to the EIA report, the project passes through the borders of Küçükçekmece, Avcılar, Başakşehir, Arnavutköy
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construction
September 19, 2021
February 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
October 3, 2019
TURKEY-UKRAINE ENERGY SECTOR PARTNERSHIP
Şevki Acuner, Chairman of the Board of Directors of Ukrenergo, the Ukrainian state energy transmission company, stated that Turkish companies would be successful if they enter the energy market in Ukraine, and said ” Turkish companies can take a huge share from the tenders to be made by Ukrenergo, which will realize $ 3 billion
September 12, 2019
TURKEY GLASS AND GLASSWARE SECTOR
According to the information compiled from Turkey Statistical Institute (TSI), Turkey made a big step on export in glass and glassware. Turkey earned $ 40 million in revenue more this year comparing to the January-June period last year from exports of glass and glassware. Glass and glassware imports decreased by 27 percent in the first
September 26, 2018
TURKISH COMPANIES’ SUCCESS IN RUSSIA
Russia is one of the countries where the Turks have invested the most excluding the European countries where there are vast Turkish origin population, like Germany and France. Among these investors, there are well known enterprises such as Koç, ENKA, Anadolu and Şişecam, as well as Turkish investors born and raised in Russia. Turkish companies
August 8, 2018
BEST INVESMENT AREAS IN TURKEY IN 2018
Let’s have a close look to the best investment areas in Turkey according to the 2018 investment conditions. Right now the most interesting investment sectors are in Turkey are construction, clothing, food and tourism. Construction sector is growing every year 1,5-2% above the Turkish GDP growth. The size of the investment have no much importance
June 28, 2016
Turkey’s TAV breaks ground on new Tbilisi Airport terminal
The operator of Tbilisi Airport, TAV Airports, has said it broke ground on the airport’s new terminal in a ceremony attended by Georgian Prime Minister Giorgi Kvirikashvili, in written statement on June 27. Kvirikashvili presented to TAV Airports President & CEO Sani Şener the State Medal of Distinguished Service for his contributions to the country, according
May 17, 2016
Turkish investors to build at least 10 hotels in Iran in line with tourism protocol: Turkish official
Turkish investors will build at least 10 hotels in Iran and both countries will increase flights with each other in a bid to boost tourism, as part of a protocol signed by high ranking Turkish and Iranian tourism officials on May 12, officials from Turkey’s Tourism Ministry have told Reuters. According to the protocol, Turkish investors will