10/11/2010

Austria and Turkey entering a new era of investment

Today’s Zaman - Austrian Foreign Minister Michael Spindelegger has asserted that Turkey and Austria are poised at the dawn of a new era of intensive investment between the two countries.

Visiting Turkey for the groundbreaking ceremony of Austrian energy company OMV’s power plant in Samsun, Austrian Minister noted the increase in bilateral trade, saying: "In the first half of 2010, we saw an increase of 33.3 percent in our exports to Turkey over the same period as the previous year. Similarly, Turkey's exports to Austria are also on the rise. These relations must be furthered to higher degrees with concrete projects.”

Spindelegger pointed to the energy, fuel distribution and construction materials manufacturing industries as areas for potential investment in particular.
turkey; austria; austrian foreign minister; austrian-turkish; bilateral trade; omv; austrian investments; Michael Spindelegger