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Business National

Çağlayan promotes Turkey’s consulting expertise for Libyan projects

Foreign Trade Minister Zafer Çağlayan has said Turkey's highly experienced consultants should get involved in projects carried out in Libya along with Turkish contractors and added that work is under way to resolve problems Turkish firms encounter while doing business in Libya.

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Çağlayan, who was in the Libyan capital of Tripoli on an official visit with a trade delegation of 100 businessmen, had a meeting with Libyan Secretary of the General People's Committee for Communications Mohammed Ali Zidane on Thursday, where he spoke about the successes of Turkish firms investing in both Libya and other countries.

Çağlayan drew attention to the wide-ranging expertise of Turkish firms in the field of transportation, especially in the construction of airports, land routes and highways. He noted that Turkish contractors had carried out $24 billion in projects throughout the world in 2008 alone, with projects in Libya accounting for a substantial portion of the total.

The minister also stressed that along with construction companies, Turkish consultants should also consult on projects undertaken in Libya as they have also wide-ranging experience in various types of projects. Touching upon the inefficiency of the Turkish tax system, which leads Turkish firms to hire foreign employees instead of bringing Turkish employees with them due to double taxation of Turkish workers' wages in both countries, Çağlayan stated work is under way to resolve this issue. The minister also added that he is working on abolishing visa requirements between the two countries at least for businessmen.

Briefing the minister and Turkish businessmen on transportation projects that can be carried out in Libya, Zidane noted that they are establishing close cooperation with Turkish firms, especially those in the transportation sector. He recalled that Turkish airport operator TAV has undertaken the project to renovate Tripoli International Airport.

Zidane also cited projects set to be carried out in Libya in 2010 and called on Turkish firms to get involved in them. In regard to easing visa requirements, he said the Libyan government is ready to do whatever it can. Çağlayan also met with Public Works Secretary Matuq Muhammad Matuq, who informed Turkish businessmen on projects in Libya. Matuq said they are very close to establishing a strategic partnership with Turkish firms and would also like to work together in Africa in future projects.

10 October 2009, Saturday

TODAY'S ZAMAN WITH WIRES  İSTANBUL

   

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