The most eye-catching projects of Turkey’s infrastructure sector have been laid bare in London. Presented by the Investment Support and Promotion Agency of Turkey (ISPAT) in cooperation with Ünlü&Co., numerous projects relating to the country’s booming infrastructure sector were showcased to an audience of over 200 investors from all over the world.
In the presence of Turkey’s Minister of Transport, Maritime and Communications, Binali Yildirim and Minister of Finance, Mehmet Simsek, the conference entitled ‘Invest in Turkey’s Infrastructure’ brought the country’s huge highway, airport, fast rail, urban transformation and many other projects to global attention, giving international investors the chance to deliberate on investment opportunities in one of the most promising emerging countries.
“Turkey has successfully implemented the public-private partnership (PPP) model both on a national and regional level for various infrastructure projects and is now looking into realizing new ones in education, construction, healthcare, transportation, ICT and defense industries. More and more investors with long term goals are drawn into Turkey’s infrastructure sector each day, discovering the enormous benefits of investing in a rapidly developing country..”, ISPAT President Ilker Ayci said in the opening speech. “Turkey’s privatization program and landmark projects, such as the third airport in Istanbul, Canakkale Strait crossing, Izmir-Ankara and Istanbul-Bilecik fast rail lines, are hot on the investor agenda..”, ISPAT President remarked, adding that the country’s USD 400 billion urban transformation project was receiving increased interest as well.
Ayci drew particular attention to Turkey’s energy sector, which needs at least USD 100 billion of new investments over the next 10 years to meet the growing power demand, saying, “Renewables, power generation privatizations, utilization of domestic lignite reserves and nuclear projects present huge investment opportunities for foreign investors..”.