7/29/2009

Turkey attracts investments for “Made in Turkey” label

Dunya – Tamer Taskin, President of the Turkish-South African Business Council and the African Continent Business Councils Coordination under the Foreign Economic Relations Board of Turkey, said Turkey aims to increase its trade volume with Africa to USD 16 billion, up from the level of USD 4 billion in 2004. Taskin noted Africa’s importance as a “target market” for Turkey. While speaking about the prospects for Turkish industry, Taskin touched upon foreign investments, saying, “An Egyptian investor is currently getting ready to invest in the Aegean Free Zone, for the purpose of manufacturing using the “Made in Turkey” label, which has a significant reputation across Europe. This clearly summarizes the level of progress of our industries.”

ENGLISH