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    Gulf investors interested in investing further in Turkey

    Hürriyet Haber
    02.01.2006 - 11:13 | Son Güncelleme:

    Gulf investors are very interested in privatization opportunities in Turkey, reported Anatolian News Agency. Pizza Hut and Kentucky Fried Chicken (KFC) Turkey Representative Qatari Almana Group's Chairman Omar H. Almana has stated that his group is interested in getting involved in more privatization opportunities and are currently carrying out research and exploring new investments in Turkey. Almana remarked that he finds the economic situation in Turkey as very interesting and open for new investments, in an interview with AA.

    ''The current government of Turkey has made some very important economic reforms. No one would have talked about investing in the Turkish market 10 years ago. Now, things are much different. Every one wants to invest in Turkey today,'' told Almana.

    Almana noted that his group's investments in Turkey are worth $80 million. ''We have 50 KFC and Pizza Hut restaurants in Turkey. In 2006, we plan to open 10 more restaurants in Turkey. Our plans are based on the on-going stability in Turkish market,'' stressed Almana.

    Almana said that his group is working on forming a Qatari-Turkish Business Council.

    Almana hinted that businessmen of Qatar have serious plans of investing in the tourism sector of Turkey. ''Every one in Qatar knows Istanbul and Ankara. Yet no one is much aware of Antalya, Bodrum or Marmaris. Turkish tourism promises great potential for Qatari businessmen,'' stated Almana.

    "Qatar wishes to become an industrial nation rather than a commercial center as Dubai," Almana added.

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