10/22/2010

Turkish minister calls on US companies to invest in energy

Hurriyet - Turkish Minister of State for Foreign Trade Zafer Caglayan has called on US companies to invest in Turkey’s booming energy industry. Caglayan, adressing business people at the Business Council for International Understanding meeting in New York, US., said that US investments in Turkey reached a total of USD 6.5 billion.

“US companies should increase their investments in Turkey,” said the Minister, describing Turkey’s attractive investment environment and the opportunities available for US companies, particularly in the fast-growing energy industry. “Turkey’s energy industry will require USD 100 billion of investments in the next decade,” said Caglayan, adding that “opportunities such as these should not be missed”.
turkey; energy industry; zafer caglayan; us companies; us investors; turkish energy sector; investment opportunities