{"id":27531,"date":"2010-12-01T11:57:14","date_gmt":"2010-12-01T09:57:14","guid":{"rendered":"http:\/\/www.turkishforum.com.tr\/en\/content\/?p=27531"},"modified":"2016-12-28T16:09:17","modified_gmt":"2016-12-28T13:09:17","slug":"chinese-investors-preparing-for-massive-turkish-investments","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2010\/12\/01\/chinese-investors-preparing-for-massive-turkish-investments\/","title":{"rendered":"Chinese investors preparing for massive Turkish investments"},"content":{"rendered":"

ISTANBUL – Anatolia News Agency<\/p>\n

\"\"<\/p>\n

Turkish Exporters Assemly, or T\u0130M, President Mehmet B\u00fcy\u00fckek\u015fi (L) gives a gift to Minister Nihat Erg\u00fcn at a meeting Tuesday.<\/p>\n

Four Chinese companies are poised to make investments in Turkey, Turkish Industry and Trade Minister Nihat Erg\u00fcn said Tuesday, adding that his country could anticipate similar attention from the East Asian giant in the future.<\/p>\n

\u201cFour new companies including leading construction machinery manufacturer Sany are about to make the final decision to make investments in Turkey,\u201d Erg\u00fcn said Tuesday in Istanbul in an address to the Turkish Exporters Assembly, or T\u0130M.<\/p>\n

\u201cBased on our impression\u00a0from the meetings we\u2019ve had and the information at hand, more Chinese companies will follow these four companies,\u201d he said.<\/p>\n

The four initial companies are expected to provide investments in excess $400 million,\u201d Erg\u00fcn said.<\/p>\n

\u201cAt the meetings [with Chinese businesspeople], our colleagues noticed that Chinese producers of replacement machinery parts are deeply interested in Turkey,\u201d he said. \u201cTurkish companies have been invited to a large machinery fair in China.\u201d<\/p>\n

Turkish companies, half of which do not have a website, according to data provided by the Turkish Statistics Institute, or TurkStat, should focus on information technologies as costs fall in the developing sector, Erg\u00fcn said.<\/p>\n

The ministry plans to organize round-table meetings with the representatives of all sectors in Turkey to improve communication.<\/p>\n

Turkey was one of the countries that successfully coped with the global crisis, setting a model for the others, he said.<\/p>\n

The Turkish economy, which recorded 11-percent growth in the first half of 2010, lured in foreign direct investments and has become one of the most trusted economies in the globe, the minister said.<\/p>\n

The industrial production of the country and the capacity usage rate has almost reached the level it enjoyed before the crisis, he said.<\/p>\n

Noting that Turkish exporters could visit over 50 countries with a three-hour flight, Erg\u00fcn said exporters had key responsibilities in strengthening the economic power of the country.<\/p>\n

\u201cTurkey\u2019s exports target for 2011 in its middle-term planning is $127 billion,\u201d Erg\u00fcn said.<\/p>\n

\u201cBut I personally believe Turkey will reach the 2008 figures if the global economy does not face a second dip,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISTANBUL – Anatolia News Agency Turkish Exporters Assemly, or T\u0130M, President Mehmet B\u00fcy\u00fckek\u015fi (L) gives a gift to Minister Nihat Erg\u00fcn at a meeting Tuesday. Four Chinese companies are poised to make investments in Turkey, Turkish Industry and Trade Minister Nihat Erg\u00fcn said Tuesday, adding that his country could anticipate similar attention from the East […]<\/p>\n","protected":false},"author":83,"featured_media":27533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[846,146],"tags":[4646,4189,4122,4645],"class_list":["post-27531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-china","tag-foreign-investment","tag-nihat-ergun","tag-tim","tag-turkish-exporters-assemly"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/27531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=27531"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/27531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/27533"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=27531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=27531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=27531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}