7/8/2009

Turkey inks agreements worth USD 56 million with Chinese companies

Dunya – Chinese companies, which went full steam ahead with investments during the global crisis, are now focusing on the Turkish energy, mining and construction sectors. China’s Zhejiang province-based companies joined forces with Turkish companies in the Turkish-Chinese Business Council in order to galvanize the current USD 15 billion worth of foreign trade volume in favor of Turkey, and in this regard signed six new investment deals totaling USD 56 million. Husnu Ozyegin, Chairman of the Turkish-Chinese Business Council under DEIK (Foreign Economic Relations Board), said, “Mining investments can be made in Turkey as well, just like in Africa. Turkey is the fifth largest gold jewelry producer in the world. We are open to cooperating in this regard.”