Turkey is on its way to becoming an important destination in health tourism, especially in the areas of rehabilitation, retirement homes and communities, said the President of the Health Tourism Board Dr. Dursun Aydın. Every year 130,000 people come toTurkey for treatment with another 250,000 coming for thermal tourism, rehabilitation and services for the elderly. …
Monthly Archive: May 2012
May
30
Turkish Companies to Participate In FIA 2012
FIA 2012 – Algiers International Fair is held between 30 May and 5 June in Algiers, Algeria. Turkish National Participation at this event is organized with the support of Republic of Turkey Ministry of Economy. Turkish companies operating in various sectors will be present at the exhibition. For more information about the exhibition, please visit …
May
30
Mexico to Open Istanbul Trade Office to Boost Business Volume
The Mexican Government’s trade and investment promotion agency has decided to open up an office in Istanbul to promote business activity between Turkey and Mexico. Enrique Haro, the chief of staff at ProMéxico (Mexican Trade and Investment Agency), told that the board of directors of ProMéxico had last week approved to add Istanbul, Turkey’s largest …
May
29
Export Sectors Reports: Cosmetics and Personal Care Products
In conjunction with recent economic growth in Turkey, the consumption and production of cosmetics and personal care products are growing rapidly. The number of cosmetics and personal care product range is increasing every year. The production value of the Turkish cosmetics and personal care products industry reached approximately 1.5 billion Euros. Exports of the Turkish …
May
29
Turkish Companies to Participate In Beautyworld Middle East
Beautyworld Middle East – the international trade fair for beauty products, hair fragrances and wellbeing is held on May 29 – 31, 2012 in Dubai, UAE. Turkish National Participation at this event is organized with the support of Republic of Turkey Ministry of Economy. Approximately 80 Turkish companies operating in the related sector will be present …
May
28
Turkey’s Prime Minister Said Turkey and Kazakhstan Would Establish an Organized Industrial Zone
Turkish Prime Minister Recep Tayyip Erdogan said that Turkey and Kazakhstan will sign an agreement to establish a huge organized industrial zone in Kazakhstan. Erdogan told at the Kazakh-Turkish Business Forum in Astana, Kazakhstan that they had agreed on a seven-point action plan, and expressed his belief that the business forum would have a different …
May
25
SAHASIB – Turkish Defence Industry Exporters Association
SAHASIB – Turkish Defence Industry Exporters Association, which was founded in 2011, currently operate under supervision of the the General Secretariat of the Central Anatolian Exporters Union. Comprising a large number of sub-business segments such as defense and security systems, software, road, air, and sea vehicles and their equipment, electronic warfare systems, support systems and logistical services, …
May
25
Significant Increase in Defense and Aviation Industry Exports
Exports by the Turkish defense and aviation industry were up 45% in the first quarter of 2012 as compared with the corresponding period last year and rose from US$ 171 million to US$ 248 million. Source: Turkish Defence & Aviation Industry Exporters Association
May
24
Turkey – World’s Second Largest Flour Exporter
According to the International Grains Council (IGC) estimates, Turkey will continue as the world’s second largest flour exporter in 2011-2012 season, with shipments projected at 2,500,000 tonnes of wheat equivalent, compared with 2,400,000 in the previous season and the recent high of 2,602,000 in 2009-10. Source: Extracted from WORLD-GRAIN.com
May
24
Turkey and Pakistan Sign Nine Agreements
Turkey and Pakistan signed nine agreements including a joint statement envisaging high-level cooperation between the two countries. Transportation Minister Binali Yildirim, Economy Minister Zafer Caglayan, Energy & Natural Resources Minister Taner Yildiz and Environment & Urbanization Minister Erdogan Bayraktar signed the agreements. The two countries put signatures on Joint Economic Committee Protocol, Agreement on Cooperation …
May
24
Fitch Says Turkish Incentive Program to Support Large Scale Investments
International credit rating agency Fitch Ratings said Wednesday that an investment incentive program the Turkish Government’s recently announced would be beneficial for current strategic and large scale investments in Turkey from Turkish and foreign groups and provide further impetus for new or postponed investment plans in the slowing economic environment. Source: Ministry of Economy
May
23
Turkish Companies to Participate In LeShow
LeShow – 15th International Leather and Fur Fashion Fair is held on May 22 – 24, 2012 in Moscow, Russia. Turkish National Participation at this event is organized with the support of Republic of Turkey Ministry of Economy. Approximately 150 Turkish companies operating in the leather sector will be present at the exhibition. For more information …
May
23
Eximbank to Provide Loans for Overseas Operations of Firms
Turkey’s state-owned credit agency Eximbank will begin offering loans to Turkish firms that plan to expand their overseas operations by purchase of a foreign company or through acquisition, Economy Minister Zafer Caglayan announced. He said that with the new type of loans, the state will distribute loans under two categories. One option will be no …
May
23
OECD Projects Turkey’s Growth
Organization for Economic Cooperation & Development (OECD) projected that Turkey would grow 3.3 percent in 2012, and 4.6 percent in 2013. According to Economic Outlook Report of OECD, for the first quarter of 2012, the ratio of Turkey’s current account deficit to its gross domestic product would be 8.9 percent in 2012, and 8,4 percent …
May
22
Export Sectors Reports: Biscuit
Sweet and sugar added biscuits are the major items in the total exports of biscuits (79% in 2011) from Turkey. Turkish biscuit exports have performed significant increases by years. The total figure in 2011 was recorded as 164,3 thousand tons and 322,6 million USD. Turkish biscuit exports have been mainly targeted to the Middle Eastern, …
May
22
Turkish Companies to Participate In Automechanika Middle East
Automechanika Middle East 2012 – the 10th International Automotive and Spare Parts Exhibition will be held from 22 to 24 May in Dubai, UAE. Turkish National Participation at this event is organized with the support of Republic of Turkey Ministry of Economy. Approximately 25 Turkish companies operating in the related sectors will be present at the …
May
21
The food market grows, the sector get closer to target
Contemporaneous with Turkey’s rapid transition from an agricultural society to an industrial society, the agriculture sector has been changing and improving. Escalating urbanization and employment play a decisive role on food consumption. As the time spent at work and on the road gets longer, the energy and duration allocated to food preparation diminishes. Consumers mostly …
May
18
Minister Caglayan Raises Hopes For Faster Economic Growth
Economy Minister Zafer Caglayan raised hopes for faster economic growth in Turkey on Tuesday. Speaking to the press after a meeting of the Istanbul Young Entrepreneurs Association (ISGID), Caglayan said he believes with certainty that many financial institutions, in particular the International Monetary Fund (IMF), will upgrade their economic growth outlook for Turkey. Mentioning his …
May
18
Rapid Growth Attracts Industry Giants to Turkey
American conglomerate General Electric is to reveal strategic investment plans for Turkey soon, Industry Minister Ergün says. Germany’s Bosch and Austria’s Lenzing, already well established in Turkey, also announce large investments. The world’s largest multinational companies have started to announce new investment plans in Turkey, a fruit of the sweeping incentive scheme announced by the …
May
17
Export Sectors Reports on TCP Website Are Updated
The Export Sectors section of TCP website is updated. The Export Sectors Reports, prepared by the experts of the Ministry of Economy, section are comprehensively analyzing Turkey’s exports sectors by providing latest figures, production trends, and information about sectoral fairs and sectoral organizations.
