9/16/2011

PwC Chief: Turkey’s blink strong on global investor radars

Sabah - Celebrating its 30th year in Turkey, international auditing and consultancy services provider PricewaterhouseCoopers (PwC), is having a hard time handling the incoming inquiries about Turkey.

“There has been an enormous increase in inquiries from our customers regarding Turkey,” as PwC Global CEO Dennis Nally puts it. “Information requests about Turkey’s potential, market dynamics and investment environment from all over the world show that Turkey blinks strongly on global investor radars,” said Nally in a meeting with reporters on the company’s 30th year event in Turkey. “It is not only the large corporations that are after investments in Turkey, but also the medium-sized companies,” said PwC Turkey Head Cansen Symes about private equity funds interested in Turkey.

Wary of financial turmoil in the developed economies of the Western world, global investors are increasingly looking to emerging markets for safer and more profitable investment options, PwC Chief went on, adding that PwC hoped to double the size of its Turkey office and its number of customers in the country. Istanbul will host PwC’s global partner meeting next month, highlighting PwC Turkey’s importance in the company’s international network.
Turkey; turkey investment environment; turkey investment potential; PricewaterhouseCoopers; pwc turkey; dennis nally

ENGLISH