11/17/2011

US energy companies seek investments in Turkey

Star – More than a dozen US companies specializing in green energy, energy efficiency and environmental technologies will be visiting Turkey in December to explore the country’s growing energy market and investment opportunities.

“US companies are eager to invest in Turkey because of the their high confidence in the country’s growth potential. Among the 17 visiting companies 11 have no prior presence in Turkey”, according to Michael Lally, Commercial Counselor to the US Embassy in Ankara.

Representatives from 17 companies, accompanied by an official delegation comprising US Eximbank, Overseas Private Investment Corporation (OPIC) and the US Trade and Development Agency (USTDA) will visit Istanbul, Ankara and Izmir between 5-9 December for talks with Turkish companies on joint investments and partnerships. “The actual number of the visiting countries was higher but needed to be reduced for the talks to reach deals”, Lally said about the visiting party at a press meeting, adding that the US companies will be financially well-supported.

“Companies from other sectors are also keen on partnerships with Turkish companies. Two visits by aviation and education companies are scheduled for the next year”, Lally noted.
/Style%20Library/Invest/images/news.png
Turkey; turkey energy sector; turkey energy investments; turkey energy sector potential; us companies in turkey; michael lally; opic; ustda; us eximbank