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09/10/2009

UKTI Promotes Construction Opportunites In Turkey

UK Trade & Investment (UKTI) is encouraging British construction companies to take advantage of multibillion pound infrastructure opportunities in Turkey, Europe's sixth biggest economy.

The UKTI released new research, 'Building Turkey: Opportunities for the UK Construction Sector' which identifies new infrastructure and regeneration opportunities for UK construction companies in Turkey.

Commenting on the research UKTI Chief Executive, Sir Andrew Cahn said: "Turkey is a tremendously exciting market. Located at the fulcrum between the Middle East, European and Central Asian markets, UK businesses who set up in Turkey find it an excellent stepping off point for the surrounding markets.

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"Quality infrastructure is a key component to a successful economy and the Turkish government is committed to spend billions of pounds on major infrastructure and regeneration projects. UK companies have the expertise and capabilities to deliver on these initiatives.

"UK Trade & Investment assists thousands of construction and infrastructure firms to break into new markets every year."

The ninth most popular tourist spot, with over 20million visitors each year, there are also plenty of opportunities for British business stemming from the tourism sector.

Additionally, 600,000 housing units are required per year to meet the demands of Turkey's population growth.

(CD/GK)

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