Monthly Archives: January 2009

Turkish telecom operators to increase investments in 2009

One of Turkey’s largest mobile-phone operators, Turkcell, has announced that it will double its investment into the country in 2009, compared to last year. This was announced in an interview given by the company’s chief executive officer, Sureyya Ciliy.
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Investment in Turkish property to surge

Having seen an explosion in tourism recently, Turkey is becoming a very credible and attractive investment hotspot for those looking to dodge the current financial turmoil. More than 23 millions tourists visited Turkey last year and Ertugrul Gunay, the tourism minister, reckons that 2009 will attract even more visitors!
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Istanbul to have 618 kilometres of rail by 2023

Istanbul has set itself an aim of expanding the total extent of its rail systems to 618 kilometres by the year 2023. This was highlighted by Istanbul’s Mayor Kadir Topbas, who explained that these planned rail systems will be accessible to all of Istanbul’s residents.
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Top 5 tourism indicators for Turkey.

Here’s our Top 5 tourism indicators for Turkey. Anyone with property interests in Turkey should look to capitalise on these trends and exploit the inevitable increase in demand for holiday accommodation that comes with increasing numbers of tourists, by renting out their property on short term holiday lets. 1) Last years figures are expected to [...]
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Turkey aims to attract USD 9bn investment from Gulf Countries

Turkey has the potential to attract an investment worth USD 9 billion from Gulf Investment funds. According to the Turkish Investment Support and Promotion Agency, these funds will mainly be invested into the food and agriculture sector.
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Good News For Investors in Turkish Property

Good news for investors in Turkish property as Turkey attracts $15.3bn in foreign direct investment in Jan-Oct 2008. A good 2009 looks set to follow a strong 2008 performance for Turkey’s foreign direct investment figures. Mehmet Simsek, the Turkish economy minister,
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60% increase in foreigners investing into Bodrum property

Real estate agencies in Bodrum state that foreigners who have previously purchased real estate there have made a large profit after they sold their properties. Most of these foreign investors are British, Dutch and German and have experienced great returns on their investment.
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Turkey aims to become EU energy hub

Turkey, as a European Union candidate, has positioned itself as the most trustworthy host for Europe’s new energy corridor since 2006. This also highlights Turkey’s strategic importance for the EU as it aims to become a hub for continental energy supplies and satisfy the gas demand.
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Turkey awarded “The Best Destination” for 2008 by Spain

Turkey has been awarded “The Best Destination” by a travel agency in Spain. The travel agency, called Mucho Viaje, conducted a survey on the places Spanish tourists were travelling to in 2008. The result of the research shows that, amongst a sample of 100,000 Spanish tourists that travelled to various destinations in 2008, a majority [...]
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Increasing visitors expected to boost Turkish property market

Turkey’s tourism officials have predicted that the number of tourists in 2009 will increase significantly. These figures indicate that overall the visitor numbers are predicted to show a growth of 10%, with the sector bringing in billions of dollars worth of revenue into Turkey. This will directly affect the Turkey property market, giving it a [...]
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