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(ECO) TURKISH FINANCE MINISTER CALLS ON CHINESE COMPANIES TO INVEST IN TURKEY.


BEIJING, Sep 17, 2009 (TUR tur: see ibex. ) -- Turkish Finance Minister Mehmet Simsek, who is currently paying an official visit to China, has called on Chinese investment companies and funds to partake in Verb 1. partake in - be active in
participate, take part - share in something

2. partake in - have, give, or receive a share of; "We shared the cake"
partake, share
 major projects to be implemented in Turkey.

The Turkish delegation, which accompanies Simsek during his visit, has offered Chinese investors to participate in the build-operate-transfer projects to be carried out in Turkey such as the Canakkale Strait passage Strait passage is a concept in Admiralty law which allows for a vessel to pass through a strait. Given the United Nations' extension of territorial waters to a maximum width of 12 miles, straits with width of less than 24 miles are entirely composed of territorial waters. , North Marmara and Ankara-Izmir highway construction, Bursa-Osmaneli speed train project and construction of speed train stations and yacht marinas.

Holding talks with representatives of China's leading investment companies and funds, Simsek said that Turkey was the right choice for Chinese investors.

As part of Simsek's talks in China, major Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
  • List of companies in the People's Republic of China
  • List of companies in Hong Kong
  • List of companies in Macau
 such as automotive giant Dong Feng Motor (DFM DFM Design for Manufacturing (newsletter)
DFM Design for Manufacturability
DFM Dubai Financial Market
DFM Delphi Form (computer filename extension)
DFM Distinguished Flying Medal
DFM Diesel Fuel Marine
), solar energy producer Yingli Solar Energy Ltd and leading telecommunications company Huawei Telecommunications expressed their desire to take part in investments in Turkey.

"More Chinese investors will come to Turkey in the upcoming years. There are many areas of cooperation. We would like to establish a close cooperation especially in energy and infrastructure sectors," Simsek told reporters after his meetings with Chinese businesspeople.

Moreover, Husnu Ozyegin, the head of Turkish-Chinese Business Council, said that Turkey should carry out joint production projects with China.

"European people are exhausted at the moment. Turkey is normally expecting a growth rate of 4-4.5 percent but with China this figure may rise up to 6-6.5 percent. We need to determine a specific country strategy for China," Ozyegin said.

(THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population.  PULSE)
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Publication:Anadolu (Eskisehir, Turkey)
Date:Sep 17, 2009
Words:255
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