It's not finance, automotives, construction, food or durable goods but rather the energy industry that is most strongly whetting the appetite of companies in Turkey.
 
 The gradually increasing liberalization of the energy market, the formation of established standards, the need for 4,000 megawatts of additional electricity every year, the expected privatization of public electricity facilities and the incentives for energy investments are all attractive factors that are making major companies pour capital into this business. All in all, analysts are expecting that the energy market will be full steam ahead thanks to the tough competition that is arising in this atmosphere.
The interest in this business is very scattered, however, since there are numerous options for inte continue...

The EU has regularly opened only two chapters in Turkey's accession negotiations in each presidency term. France hands the presidency to Czech Republic at the end of December. Some countries, Greek Cypriots in particular, blocked France's efforts to open the "energy" chapter, sources also told ANKA. The opening of the negotiation on the "energy" chapter is seen as an important issue since the EU sees Turkey as a key partner in i continue...

"The Turkey-Africa trade volume had increased by 131 percent, to $12.8 billion, at the end of 2007, up from $5.5 billion in 2003," said Kayalar. He noted that this improvement was due to Turkish efforts to improve relations with African countries during the last few years. The Turkish Undersecretariat of Foreign Trade introduced a strategic plan to develop economic links with African countries in 2003. "Since then, we have achieved great success in developing trade relations with Africa," he said.

He said that Turkey's exports to Africa amounted to $5. continue...

Finance Minister Kemal Unakıtan has called on entrepreneurs from the Gulf region to invest in Turkey rather than developed markets, which are in the grip of the ongoing financial crisis. "Otherwise your money will sink," he warned a group of Saudi businessmen.

Speaking at a meeting of the Turkey-Saudi Arabia Joint Economic Committee in Ankara yesterday, Unakıtan focused primarily on the importance of enhancing mutual commercial relations and improving cooperation between Turkey and Saudi Arabia. "In these sensitive days, it has become more important to boost cooperation and increase trade between the two countries," he said. He urged entrepreneurs to come and invest in Turkey rather than putting their money in European and US markets, since Turkey has become a safe haven for entr continue...

As in most other developed and developing countries, the construction sector is the engine of Turkey's economy. According to the Konya Chamber of Commerce (KTO), Turkish contractors have a 20 percent share of Turkey's total exports, the Anatolia news agency reported.
Construction is the second-largest economic contributor to reducing the current account deficit, following tourism. It experienced a period of stagnation between 1993 and 2003; during this time Turkey's economy grew 26.1 percent, while construction shrank 22.4 percent. It lost a record amount in 2002.

2004 was a rebound year, and construction grew 4.6 percent. I continue...