Important News
Limak Purchases the Contract for 517 MW Çetin Dam and HEPP of Statkraft
HEPP Company News
9/21/2017
Limak Enerji has purchased Çetin Dam and HEPP, which have an EMRA power generation license for 49 years and for which the Norwegian company Statkraft has started installing in Siirt but then suspended the work
LNG Agreement between Turkey and Qatar
International Relations Natural Gas
9/21/2017
Qatargas has announced that it signed a medium-term trade agreement with BOTAŞ for selling 1.5 million tons of LNG per year for three years
UIC, 10th World High-Speed Train Congress
Conferances Railways Research
9/20/2017
The new date of the 10th of International Union of Railways (UIC) World High-Speed Train Congress was announced as May 8-11, 2018. The Congress will be held in ATO Congresium in Ankara...
Important Statements of Ahmet Arslan, the Minister of Transport, Maritime Affairs and Communication
Speeches General
9/19/2017
"We have made 65% progress in the new 3rd airport. We will open its section that will serve 90 million passengers on October 29, 2018. Fresh water drilling works will be performed for fresh water fluidity in Canal İstanbul Project. There are extracted materials such as earth and rocks... Part of the earth will be taken to agricultural lands and the areas adjacent to the third airport. We will also build artificial islands on Marmara Sea. There will be logistics centers that will provide high amounts of revenue to our country."
Minister of Energy and Natural Resources Albayrak's Contacts in Azerbaijan
Abroad International Relations Natural Gas
9/14/2017
The term of agreement on sharing and production of Azeri-Çırak-Güneşli (AÇG) oil reserves extended up to 2050. Minister Albayrak said, "Turkey will continue to exert utmost importance on all projects in Azerbaijan and be partner to new opportunities in the country."
6th Turkish Wind Power Congress Will Be Held in November
Conferances Research Other Renewables
9/13/2017
The Congress will be held at JW Marriott Hotel in Ankara on the dates of November 1 & 2, 2017
8th Turkey Energy Summit Will Be Realized in Antalya in October
Conferances Research General
9/13/2017
The summit will be held at Antalya Regnum Carya Golf & Spa Resort Hotel on the dates of October 10 & 11, 2017
€350.9 Million Was Raken Out As Loan From The World Bank
Loans
9/13/2017
According to the agreement signed between the Undersecretariat of Treasury and the World Bank on September 11, 2017, the loan will be used to increase domestic savings and to support participation in the labor and supporting the growth...
Turkish Companies Signed Investment Agreements in Kazakhstan
Agreements Abroad Company News International Relations
9/12/2017
Alsim Alarko has signed Memorandum of Understanding for Grand Almati Beltway Construction and Operation with Kazakhstan Ministry of Investment and Development. Investment agreements totaling to USD 590 million have been signed between Kazakh Invest National Company and Çalık Holding, Yıldırım Holding, Yıldızlar SSS Holding, Agrobest Group and other Turkish companies
Ernst & Young Global Limited (EY) Awarded “Global Finance Consultant of the Year” Prize in PPP Field
Company News Reudevans Build-Operate-Transfer (BOT)
9/12/2017
Ernst & Young Global Limited (EY), one of the leading consultancy and auditing companies of the world, has been awarded with “Global Finance Consultant of the Year” in Partnership Awards 2017 by which best companies of the world awarded in the field of PPP
World Bank's Country Partnership Framework (CPF) for Turkey for the Period 2017-2021 Took Effect
Loans Agreements
9/6/2017
CPF envisages a financing of USD 5-7.5 billion from the Bank for 5 year period...
Gazprom’s TurkStream Project
Abroad Company News Natural Gas Intergovernmental
9/5/2017
Contract has been signed with British Petrofac on 340 million Euro for natural gas intake terminal at Kıyıköy, on Kırklareli border province, the entrance point of TurkStream Pipeline to Turkey
Noteworthy Statements by UDH Minister Arslan
Ports Speeches Railways
9/5/2017
UDH Minister Ahmet Arslan said, "with Canal İstanbul Project, the sea traffic threatening life and cultural assets of İstanbul Strait will be minimized, alternative crossing possibilities will be created for ships facing heavy traffic in both entrance of Straits. Works, in terms of planning, tender preparations and design preparations continue for 7 Logistic Centers more, we plan to complete 21 Logistic Centers for Turkey."
UNIT International Signed Oil and Gas Agreement with Iranian and Russian Companies
Abroad Company News Natural Gas
8/10/2017
UNIT International has signed joint investment agreement with Russian Zarubejneft, Iranian Ghadir on improving oil and gas reserves in Iran. Agreement is a tripartite investment agreement signed by Iranian company with foreign partners
Tekfen İnşaat Is Awarded a $200-Million Road Contract in Qatar
Abroad Company News
8/2/2017
Tekfen İnşaat is awarded the contract for the Eastern Industrial Road construction project worth approximately $200 million (729.6 million Qatari riyals) by Qatari Administration of Public Works (Ashgal)...
Akfen Holding Sold 40% Shares of Mersin Port to Australian IFM Investors
Ports Privatization Company News
8/1/2017
Akfen Holding has transferred 40% share of 50% of Mersin Port to IFM Investors, Australian investment fund management company, on USD 869 million
Limak to be Partner to Motorway Project in Russia
Abroad Company News
7/28/2017
Limak has been partner to Bashkir Concession Company (BCC) founded for motorway project to cost about USD 570 million in Ufa, Russia and assumed the contracting Works of project. Project’s construction period will be 4 years, operation period 25 years
Noteworthy Statements by Deputy Prime Minister Mehmet Şimşek
Speeches
7/27/2017
"Borrowing requirement may not be kept within the limit for the first time since 2009. Under the impact of measures taken this year, borrowing will be higher than foreseen. In general term, end-year growth seems to be close to 5%. If we do not suffer a shock or difficulties we faced with countries like Germany do not effect economy significantly, recovery in tourism, in EU is of foreign demand supportive nature. There is a relative acceleration in domestic demand as well."
Siemens and Bombardier are Close to Two Joint Ventures for Rolling Stock and Signaling
Abroad Company News Railways
7/25/2017
German Siemens and Canada's Bombardier are in the final stages of talks to combine their rail operations, to compete against Chinese rivals. The deal, which would create two separate joint ventures for their signaling and rolling-stock divisions, expected to be announced as early as August...
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