Wednesday, July 17, 2013

Turkish investments reach 10% of Albanian GDP


Berisha-Erdogan-2_1
The weekly "Impact"
http://impakt.al/rajoni/investimet-turke-arrijne-10-te-gdp-se

Direct investment and contractual Turkey to Albania from the $ 100 million in 2004, went over USD 1 billion in 2010, or 10% of the GDP of the country. One of the first companies investing "Kürüm JSC Demir Celik", has obtained the concession for 20 years ex-Metallurgical Combine at Elbasan.

Likewise Turkish company "Ber-Oner" has obtained the concession for 30 years, and copper mines in the northeast. Çalikbank along with Sekerbank bought in June 2006, 60% of the shares of the National Commercial Bank and subsequently have increased their share to 75%, being one of the two largest banks in Albania. Calik Calik Enerji Group along with Turk Telekom acquired in 2007, with an amount of 120 million Euros, 76% of the shares of Albtelecom, and has set up a third mobile operator, Eagle Mobile.

Turkish firm Ayen Energy AS, has signed an agreement for the construction of a hydropower cascade River Fan, investment worth 300 million euros. Turkish Companies "Durres Kurum Shipping" and "Global Liman ISLETMELERI" have obtained the concession for 35 years the container terminal of the Port of Durres. The company has made privatization KURUM 4 H / C, worth about 120 million euros.

No comments: