11/3/2008

“How will we weather the crisis?”

Dunya - Alpaslan Korkmaz, President of Investment Support and Promotion Agency of Turkey, has stated that the next two years will be uneasy but Turkey takes the lead among the countries which will rapidly recover from the crisis. Expressing that the interest of the international investors in Turkey has not decreased, but the investors' profile has changed, Korkmaz said, "Our telephones keep on ringing twenty-four hours a day and seven days a week, but the thing is the profile of the investors has changed. There has been a decrease in the number of the company investors and companies using external financing. Since we have noticed this before, we have already been investigating firms with rich cash resources. The firms we have been investigating are rich ones having little to do with banking."