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May 26, 2012
 
 
 
 
 
 

Turkey investment summit commences in London

21 October 2009 / TODAY'S ZAMAN WITH WIRES, İSTANBUL
Investment opportunities in Turkey are under the spotlight of a summit being held in London to attract British investors. The "Turkey Investment Summit," organized by the Turkish Embassy in London and the European Bank for Reconstruction and Development (EBRD), was attended by Turkish Finance Minister Mehmet Şimşek, Investment Support and Promotion Agency of Turkey (ISPAT) President Alpaslan Korkmaz, Turkish Ambassador to Britain Yiğit Alpogan, EBRD Vice President Varel Freeman, Morgan Stanley chief economist Tevfik Aksoy and a number of bureaucrats and businessmen.

The summit, which will last for two days, began on Tuesday with Korkmaz's inaugural speech. Minister Şimşek arrived at the meeting in the afternoon, only after attending a previously scheduled panel discussion on the investment climate in Turkey held in İstanbul and sponsored by the University of Chicago.

Korkmaz invited British capital owners to come and invest in Turkey. "There are vast opportunities in Turkey, and we are ready to provide any support to investors who are interested in Turkey," Korkmaz said in his speech. He spoke of a "great change" Turkey underwent in its recent past, which in the end made the country an attractive place for investment. Participants will exchange views and answer questions on how Turkey has coped with the global economic crisis, projections for energy and infrastructure investment and overall investment opportunities.

Turkey back on track soon

Meanwhile, speaking to the Anatolia news agency on the sidelines of his morning meeting, Şimşek said Turkey will most likely return to its high growth path soon. He said he presented brief information to participants of the panel discussion, which was closed to the press, on Turkey's experience during the crisis, what advantages Turkey had in its struggle against the crisis, how its economy will perform in the post-crisis era and the distance Turkey has achieved thanks to its negotiations with the EU for full membership.

 
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