Turkey Trade Channel Newsletter, Year: 4 Issue: 18

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Turkey and South Korea to Cooperate in Construction Projects Turkish Contractors Among World’s Largest More Japanese Companies Eye Turkey Turkish Olive Oil Exports Boom Amid Spain Drought Production Push in Rice Defense Exports Reach $780 Million

www.tcp.gov.tr Year: 4

Issue: 18

Aug 26-Sep 6, 2013

NEWS Turkey and Projects

South

Korea

to

Cooperate

in

Construction

Korean Minister of Land Transportation and Infrastructure Mr. Seoung-Hwan Suh said Korea- with its experience and expertise- will cooperate with Turkeywith its grand economic power- in third countries.

Emphasizing the importance of infrastructure in the economic development of a country, Suh in a speech in Istanbul, defended that the Turkish Ministry of Economy has significant expertise in finance and that Turkey, as a geographical bridge between Asia and Europe, can be a cultural and economic bridge for Asian countries such as South Korea. In addition to Korean Contractors Association Vice Chairman Soong-Chull Shin, the meeting was also attended by Turkey’s Union of Chambers and Commodity Exchanges vice Chairman, and member of the Foreign Economic Relations Board of Managers, Halim Mete and Turkish Minister of Economy Mr. Zafer Caglayan. Speaking at the meeting, Caglayan stated that the Turkish-Korean Cooperation and Contracting in Central Asia Meeting brought together two super powers in the construction sector, and that he believed that these two powers can achieve important grand projects. Caglayan emphasized that the cooperation between the two countries goes back decades, stating that the contractors of these two countries came together to rehabilitate the infrastructure of Tajikistan, Kyrgyzstan and Uzbekistan.

Caglayan also stated that Turkish contractors have a well esteemed position in the world as they have projects in 101 countries amounting 254 billion dollars.

To view the news report, please visit Ministry of Economy.

Turkish Contractors Among World’s Largest 38 Turkish construction companies have made it to the ‘Top 225 International Contractors’ list of the sector magazine Engineering News-Record (ENR).

The annual listing takes a construction company’s operations outside its home country and ranks companies by their revenue.

Source: The news section of ISPAT website Read the rest of this entry »

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www.tcp.gov.tr Year: 4

Issue: 18

Aug 26-Sep 6, 2013

More Japanese Companies Eye Turkey Having staged seminars and meetings on Turkey’s investment opportunities for the Japanese business community in their home country, the Investment Support and Promotion Agency of Turkey (ISPAT) returns home with good tidings.

Source: The news section of ISPAT website Read the rest of this entry »

EVENTS Turkish Companies UPAKOVKA

To

Participate

In

INPRODMASH

&

INPRODMASH – 22nd International Specialized Trade Fair of Equipment and Technologies for Food Processing Industry and UPAKOVKA - 14th International Specialized Exhibition of Equipment, Materials and Technologies for Package will be concurrently held in Kiev, Ukraine on September 10-12, 2013. Turkey will participate in the event at national level.

Turkish companies operating in the food processing and packaging industries will be present at the fair.

For more information about the fair, please visit its website.

Turkish Companies To Participate In Kyiv Fashion Show Kyiv Fashion Show will be held in Kiev, Ukraine on September 10-13, 2013. Turkey will participate in the event at national level. Turkish companies operating in the related sectors will be present at the fair.

For more information about the fair, please visit its website.

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www.tcp.gov.tr Year: 4

Issue: 18

Aug 26-Sep 6, 2013

Turkish Companies To Participate In MOS Fair MOS, 46th International Trade and Business Fair will be held in Celje, Slovenia on September 11-17, 2013. Turkey will participate in the event at national level. Approximately 50 Turkish companies operating in various sectors will be present at the fair. There will be special session at the fair for B2B meetings with Turkish companies.

For more information about the fair, please visit its website.

INTERMOB, Istanbul, Oct. 5-9, 2013 INTERMOB - 16th International Furniture Side Industry, Accessories, Forestry Products and Wood Technology Fair will be held in Istanbul on October 5-9, 2013. The fair will be attended by around 900 companies and company representatives from 30 countries and is expected to host 65.000 visitors from around 100 countries with the support of overseas promotion activities.

For more information about the fair, please visit its website.

SECTORS Turkish Olive Oil Exports Boom Amid Spain Drought Turkey raised its olive and olive oil exports by 172 percent in the first eight months of the year due to drought in Spain, an agriculture sector representative has said. “Our olive oil sector, which has entered new markets and raised its exports by two-digit percentages to several countries, because of the drought in Spain should seek ways to remain permanent in these markets,” Turkish Agricultural Chambers Union (TZOB) President Şemsi Bayraktar said.

Turkey, the fourth largest olive oil producer, jumped its exports to $333 million from $122.2 million with the 172 percent rise between January and August, according to data announced by the Turkish Exporters’ Association (TİM).

To view the news report, please visit Ministry of Economy website.

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www.tcp.gov.tr Year: 4

Issue: 18

Aug 26-Sep 6, 2013

Production Push in Rice The rice industry has launched a major campaign with the progress it made in production over the past decade. From 216,000 tons in 2002, rice production rose by 144% last year to 528,000 tons. The targeted figure for 2013 is 540,000 tons. The success that Turkey has achieved in rice exports over the past six months indicate that there will be significant activity taking place in the industry in the coming term.

Source: The Turkish Perspective, July-August 2013, Issue:17 Read the rest of this entry »

Defense Exports Reach $780 Million Turkey’s defense industry’s exports reached $780 million between January and July marking a 9 percent increase from the same period a year earlier, according to data of the Defense and Aerospace Industry Exporters’ Association (SSI).

SSI Chairman Latif Aral Aliş said the export volume, worth more than $780 million, in the first half showed a bigger hike than Turkey’s general export volume rise. Aliş stated that their exports rose from $600 million in 2008 to $1.2 billion last year. Their annual export target was to reach $1.5 billion, he added. The most exported products are the parts for planes and helicopters, plane motors, armored land vehicles, ships and speed boats, missiles, rockets and launching platforms, light arms and its equipment, electronic systems, logistic support products and engineering and technology transfer services, he noted.

To view the news report, please visit Ministry of Economy website.

Read the rest of this entry »

Warning: This bulletin is prepared by Republic of Turkey Ministry of Economy General Directorate of Exports only for information purposes, by making use of public resources which are assumed to be reliable. Ministry of Economy in no way guarantees that the information included here is completely accurate and does not accept the liability of harms and losses that may result from the utilization of information included in this bulletin.

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