$56 billion of infrastructural investment opportunities. New airports, bridges, motorways, ports and healthcare opportunities running up to 2023. Top-level political support from the British and Turkish Governments.
All this is the background to this week’s visit to Turkey by Deputy Prime Minister Nick Clegg and Business and Enterprise Minister Michael Fallon, accompanied by a top-level delegation of companies keen to do business in Turkey. There’s a focus on developing further the excellent political relationship between Turkey and the UK, based on close personal ties and on the UK’s strong support for Turkey’s EU membership aspirations.
The two days see a series of business events and important announcements, including the establishment of a new £7 million manufacturing facility in Cardiff by Turkish company HDM Steel Pipe; an export deal for West Midlands company Concept Steels to export £5 million of alloys, exotic metals and components for the oil, gas and petrochemical industries; the establishment of Turkish hospital group Florence Nightingale of their European HQ in London; and the opening by construction consulting services company Hill International of a new Turkey and Central Asia regional office in November 2012.
Highlights of the visit include the Deputy Prime Minister’s meetings with President Gul, Prime Minister Erdogan and Deputy Prime Minister Babacan in Ankara; a series of commercial events in Istanbul culminating with a ‘GREAT British Brands’ media event and networking reception in the Consulate General; and a keynote address by Nick Clegg at an entrepreneurship event at Bogazici University.
The intense two days are a reflection of the power and depth of Turkey-UK political relations, underpinning an increasingly important commercial, financial and business relationship. Turkey is a huge market growing fast in its own right, as well as being a crucial hub for the region. Top British companies are here right now and more are coming. If you are interested in doing business in Turkey and the wider region, come and talk to us.
You can read more about the visit of the Deputy Prime Minister at the UKinTurkey website.