Turkey and South Korea to Cooperate in Construction Projects

Turkish Contractors Among World’s Largest

More Japanese Companies Eye Turkey

Turkish Olive Oil Exports Boom Amid Spain Drought

Production Push in Rice

Defense Exports Reach $780 Million

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Year: 4 Issue: 18 Aug 26-Sep 6, 2013

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NEWS

Turkey and South Korea to Cooperate in Construction Projects

Korean Minister of Land Transportation and

Infrastructure Mr. Seoung-Hwan Suh said Korea- with its

experience and expertise- will cooperate with Turkey-

with its grand economic power- in third countries.

Emphasizing the importance of infrastructure in the

economic development of a country, Suh in a speech in

Istanbul, defended that the Turkish Ministry of Economy

has significant expertise in finance and that Turkey, as a

geographical bridge between Asia and Europe, can be a cultural and economic bridge for

Asian countries such as South Korea. In addition to Korean Contractors Association Vice

Chairman Soong-Chull Shin, the meeting was also attended by Turkey’s Union of

Chambers and Commodity Exchanges vice Chairman, and member of the Foreign

Economic Relations Board of Managers, Halim Mete and Turkish Minister of Economy Mr.

Zafer Caglayan. Speaking at the meeting, Caglayan stated that the Turkish-Korean

Cooperation and Contracting in Central Asia Meeting brought together two super powers

in the construction sector, and that he believed that these two powers can achieve

important grand projects. Caglayan emphasized that the cooperation between the two

countries goes back decades, stating that the contractors of these two countries came

together to rehabilitate the infrastructure of Tajikistan, Kyrgyzstan and Uzbekistan.

Caglayan also stated that Turkish contractors have a well esteemed position in the world

as they have projects in 101 countries amounting 254 billion dollars.

To view the news report, please visit Ministry of Economy.

Turkish Contractors Among World’s Largest

38 Turkish construction companies have made it to

the ‘Top 225 International Contractors’ list of the

sector magazine Engineering News-Record (ENR).

The annual listing takes a construction company’s

operations outside its home country and ranks companies by their revenue.

Source: The news section of ISPAT website

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Year: 4 Issue: 18 Aug 26-Sep 6, 2013

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More Japanese Companies Eye Turkey

Having staged seminars and meetings on Turkey’s investment opportunities for the

Japanese business community in their home country, the Investment Support and Promotion Agency of Turkey (ISPAT) returns home with good tidings.

Source: The news section of ISPAT website

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EVENT S

Turkish Companies To Participate In INPRODMASH & UPAKOVKA

INPRODMASH – 22nd International Specialized Trade Fair of Equipment and Technologies

for Food Processing Industry and UPAKOVKA - 14th International Specialized Exhibition

of Equipment, Materials and Technologies for Package will be concurrently held in Kiev,

Ukraine on September 10-12, 2013. Turkey will participate in the event at national level.

Turkish companies operating in the food processing and packaging industries will be present at the fair.

For more information about the fair, please visit its website.

Turkish Companies To Participate In Kyiv Fashion Show

Kyiv Fashion Show will be held in Kiev, Ukraine on

September 10-13, 2013. Turkey will participate in the

event at national level. Turkish companies operating in the related sectors will be present at the fair.

For more information about the fair, please visit its website.

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Year: 4 Issue: 18 Aug 26-Sep 6, 2013

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Turkish Companies To Participate In MOS Fair

MOS, 46th International Trade and Business Fair will be held in

Celje, Slovenia on September 11-17, 2013. Turkey will

participate in the event at national level. Approximately 50

Turkish companies operating in various sectors will be present

at the fair. There will be special session at the fair for B2B meetings with Turkish companies.

For more information about the fair, please visit its website.

INTERMOB, Istanbul, Oct. 5-9, 2013

INTERMOB - 16th International Furniture Side Industry,

Accessories, Forestry Products and Wood Technology Fair

will be held in Istanbul on October 5-9, 2013. The fair will

be attended by around 900 companies and company

representatives from 30 countries and is expected to host

65.000 visitors from around 100 countries with the support

of overseas promotion activities.

For more information about the fair, please visit its website.

SEC T OR S

Turkish Olive Oil Exports Boom Amid Spain Drought

Turkey raised its olive and olive oil exports by 172 percent

in the first eight months of the year due to drought in

Spain, an agriculture sector representative has said. “Our

olive oil sector, which has entered new markets and raised

its exports by two-digit percentages to several countries,

because of the drought in Spain should seek ways to

remain permanent in these markets,” Turkish Agricultural

Chambers Union (TZOB) President Şemsi Bayraktar said.

Turkey, the fourth largest olive oil producer, jumped its

exports to $333 million from $122.2 million with the 172

percent rise between January and August, according to data announced by the Turkish Exporters’ Association (TİM).

To view the news report, please visit Ministry of Economy website.

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Production Push in Rice

The rice industry has launched a major campaign

with the progress it made in production over the past

decade. From 216,000 tons in 2002, rice production

rose by 144% last year to 528,000 tons. The targeted

figure for 2013 is 540,000 tons. The success that

Turkey has achieved in rice exports over the past six

months indicate that there will be significant activity taking place in the industry in the coming term.

Source: The Turkish Perspective, July-August 2013, Issue:17

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Defense Exports Reach $780 Million

Turkey’s defense industry’s exports reached $780

million between January and July marking a 9

percent increase from the same period a year

earlier, according to data of the Defense and

Aerospace Industry Exporters’ Association (SSI).

SSI Chairman Latif Aral Aliş said the export

volume, worth more than $780 million, in the first

half showed a bigger hike than Turkey’s general

export volume rise. Aliş stated that their exports

rose from $600 million in 2008 to $1.2 billion last

year. Their annual export target was to reach

$1.5 billion, he added. The most exported

products are the parts for planes and helicopters, plane motors, armored land vehicles,

ships and speed boats, missiles, rockets and launching platforms, light arms and its

equipment, electronic systems, logistic support products and engineering and technology

transfer services, he noted.

To view the news report, please visit Ministry of Economy website.

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Warning: This bulletin is prepared by Republic of Turkey Ministry of Economy General Directorate of Exports only for information purposes, by making use of public resources which are assumed to be reliable. Ministry of Economy in no way guarantees that the information included here is completely accurate and does not accept the liability of harms and losses that may result from the utilization of information included in this bulletin.

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