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Turkey to grow around 4.5 pct in 2013

Executive Board Chairman of Turkey's Koc Holding said they aimed to make investments worth 3.7 billion USD in 2013.

02.01.2013 - Update : 02.01.2013
Turkey to grow around 4.5 pct in 2013

ISTANBUL

Executive Board Chairman of Turkey's Koc Holding, Mustafa Koc said that he expected Turkey to grow around 4.5 percent in 2013.
Speaking to the Anadolu Agency (AA), Mustafa Koc underlined that they aimed to make investments worth 3.7 billion USD in 2013.
"Compared to last year, I predict that there will be significant developments in domestic investments and consumer spending in 2013," Koc noted.
"I expect the Turkish Central Bank to implement a fiscal policy that would, in general, support the economy in 2013," Koc stated.
"Regional risks stemming from Syria and Iran will continue to threaten us. In such an atmosphere, I believe it is crucial to manage well the reflections of the approaching election term on our politics," Koc indicated.
"Our investments in areas where we are active will continue in 2013. We plan to make investments worth 3.7 billion USD in 2013," Koc said.
"All European countries, including those in economic crisis, are our target markets," Koc expressed.
"Our tourism companies give high importance to overseas investments. We plan to make new investments overseas for marinas, duty-free shops and hotels. While Turkey is attractive for us in banking, regional countries are among our targets in the energy, tourism and food sectors," Koc stated.
"I believe that the European Union (EU) needs to restructure itself based on the conditions of today. We are hopeful about the EU's future," Koc also said.

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