Ahmet Çalık was recently hosted by the Turkmen President Gurbanguly Berdimuhamedov for a meeting where the two emphasized the importance of continuing collaborations into the future.
During the meeting, Çalık thanked Berdimuhamedov for allowing the opportunity to discuss issues surrounding long-term collaborations. "The opportunities granted to Turkish firms and foreign entrepreneurs have helped develop and advance their presence in the Turkmen market," stated Çalık.
President Berdimuhamedov responded by stating that Turkmenistan is constantly trying to develop active relationships based on mutual benefit and expressed the importance they place on developing long-term relations with foreign firms based on sharing equal rights.
A CHANGE IN ENERGY IS VISIBLE
During the meeting, Çalık and Berdimuhamedov also discussed the development of the fuel-energy sector as well as touched upon the issues regarding transformation projects. Chairman of the Çalık Holding Board of Directors Ahmet Çalık relayed information on regarding fulfilling the directives Berdimuhamedov had presented earlier. Ahmet Çalık also presented a number of new proposals regarding the realization of a series of projects geared towards modernizing the entire nation's electricity power sector as well as Çalık Enerji providing a stable electricity power supply to Ashgabat.
After relaying information on improving Ashgabat's energy infrastructure, Ahmet Çalık went on to present the plans and technical details of the new project to the Turkmen president.
THREE STAGE PROJECT
The project is planned to be realized within five years' time. The project will take place in three stages. All of the 60 sub-stations included in the build will be connected to the electrical distribution system. In addition, a series of specialists in the project's related areas will be convening.
Çalık Holding Chairman of the Board Ahmet Çalık assured that he would fulfill the project within the timeframe established and in the highest quality, and thanked Berdimuhamedov for bestowing his trust in him. At the end of the meeting, Berdimuhamedov and Çalık exchanged mutual best wishes and emphasized assurances they would reinforce the traditional friendship between the two nations and shared the trust that productive collaborations would continue in the future.
Turkish Airlines won the Skytrax award for Europe's Best Airline for a third time and was also given two other awards.
English investors have not paid heed to the coverage in the international media painting a negative portrait of Turkey during the Gezi Park protests and continue to keep the country on its radar for investments.
Turkey has become the fastest growing nation for luxurious automobile brands. While luxurious brands experienced seven percent growth globally in the first five months of the year, in Turkey the rate of growth has reached the 100 percentile level.
While the English press continues to cover the Gezi Park protests to Turkey’s detriment, the British Prime Minister has praised Turkey’s ‘stability.’ David Cameron says “we admire your economy.”
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Çalık Holding has released a statement refuting claims made in reports by CNBC attempting to associate the group with redevelopment plans for Taksim’s Gezi Park.
Saudi Arabian businessman Ehsaan Fareed Abduljawad has purchased two towers in the Ağaoğlu Maslak 1453 project for 200 million dollars. “We trust in Turkey’s economy,” said the billionaire.
The speculative attack on the markets came to a halt following Prime Minister Erdoğan’s statement directed at the interest-rates lobby, “We will not let you consume the great efforts of our nation.” The dollar has since dropped and the stock exchange is back on a rising trend.
During the past five days there has been a polemic concerning the boycott of the Moroccan Business Confederation (CGEM) of a meeting between Turkish and Moroccan businessmen which took place during Erdoğan’s trip to Morocco on June 3rd. While the decision had nothing to do with the on-going protests in Istanbul and other cities, the real reason is proving to be an internal conflict between the CGEM and the Moroccan government.
The ‘economic’ demands set forth by the Taksim Platform, which spoke on behalf of the Gezi Park protesters in a meeting with Deputy Prime Minister Arınç on Wednesday, have resulted in a number of question marks. The main question being, why are they opposed to projects worth 120 billion such as the third bridge and airport, hydroelectric power plants and Canal Istanbul?
Tosyalı Holding opened a 750 million dollar steel-iron factory in Algeria in a ceremony attended by Prime Minister Recep Tayyip Erdoğan. Expected to rake in an annual one billion dollar revenue, the facility will also provide one thousand jobs.
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It will now be required to place health warnings on the glass portions of water pipes, regularly referred to as ‘nargile’ in Turkey.