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5 BILLION DOLLAR WORTH REFINERY INVESTMENT IN IZMIR

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Aliağa Star Refinery which belongs to Socar – Turcas Group  was broken ground by the attendance of Prime Minister Recep Tayyip Erdoğan and Azerbaijani President İlham Aliyev . It is declared that the refinery which its production starting date is planning 2015  will be established by 5 billion dollars investment…

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HMT ANNOUNCED OPENING OF ITS TURKEY FACILITY

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HMT Tank Inc. USA, a leading name in oil industry worldwide, proudly announces the opening in Izmir Turkey of its newest fabricating facility. This facility consists of approximately 20,000 square feet of manufacturing and warehousing space. Located within the “ESBAS” Aegean Free Trade Zone, this manufacturing plant is outfitted with…

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THE FIRST BIG CHINESE INVESTMENT TO IZMIR IS ON THE WAY

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China will make  its first big investment to Kınık district of Izmir. Chinese company Zhejiang Energy Group and Polat Madencilik will carry out coal mining operation and thermal power station project with 1 million dollars budget. THE APPLICATION FOR POWER STATION HAS BEEN MADE TO ENERY MARKET REGULATORY AUTHORITY (EMRA)…

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26 Geothermal Areas are put out to tender

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Izmir Special Provincial Administration Unit put 26 research area of geothermal resource out to tender. The Geothermal power that  will be provided from the activities of 26 separate source including  the area from Ödemiş to Selçuk, from Kemalpaşa to Torbalı will be used for the purpose of heating, vegetable glasshouse,…

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TURKEY’S ECONOMY GREW 8.8 PER CENT IN THE FIRST QUARTER

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TURKEY IS THE SECOND FASTEST ECONOMY OVER THE WORLD WITH THIS GROWTH RATE According to Turkish Statistical Institute (TUİK), in the first quarter of the year Turkey’s economy grew 8.8 per cent which is over the expectations. The expectation of growth rate for the first quarter was 6.4 per cent.

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Türkiye, one of the safe ports for foreign investments

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Minister of Economy Zafer Çağlayan stated  that %92 increase in FDI capital flow numbers in first half of this year when compared to previous year  is a proof that  Turkey is one of the safe ports for investments. Minister Çağlayan evaluated international direct investment  capital flow numbers for June in…

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First Airport Hotel of Izmir opened

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It was reported that Orty Tourism Investment Trust has opened the first airport hotel of Izmir with an aim to make use of the building next to the entrance gate of Adnan Menderes Airport that has been idle for the last 23 years. The official opening ceremony for the facility…

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Additional Investment to İzmir from Hugo Boss

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Hugo Boss which opened its first franchise store in Tukey in 1993, raised  its sights. Hugo Boss’s World Ceo Claus Dietrich Lahrs specified that the brand’s  biggest manufacturer is in Izmir and said “ We work almost full capacity.Besides new investments we’ll extend the factory’s capacity and may construct an…

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İzmir is in the Area of Chinese Inventors

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İZKA TOLD OPPORTUNITIES OF INVESTMENT TO THE CHINESE DELEGATION ** Izmir Development Agency’s investment promotions in China gave results and a Chinese delegation composed of 8 people came to Izmir and searched Izmir in many aspects primarily energy sector. Izmir succeded to call attention of China that became a target…

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Kosovo Delegation

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  Kosovo Delegation headed by Safet Gërxhaliu, organized by Izmir Chamber of Commerce and consisted of businessmen visited IZKA on October 20th, 2010. A short briefing about development agency functions and mission was presented along with İzmir investment opportunities video. The bilateral relations were discussed, agrofood and tourism industries were the…

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Kale Pratt & Whitney Uçak Motorları Sanayi A.Ş.

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Kale Group is in the process of establishing Kale Pratt & Whitney Uçak Motorları Sanayi A.Ş., a joint venture with Pratt & Whitney, a United Technologies Corp. company and a leader in the aircraft propulsion industry.  Kale will own 51 percent and Pratt & Whitney will own 49 percent of…

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YENİLENEBİLİR ENERJİ VE ENERJİ VERİMLİLİĞİ TİCARET HEYETİ ZİYARETİ

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ABD Ankara Büyükelçiliği Ticaret Müsteşarlığı Izmir Ofisi ile yapılan görüşmelerde, ‘’Yenilenebilir Enerji ve Enerji Verimliliği’’ alanında faaliyet gösteren Amerikalı işadamları heyetinin 7 Aralık, 2011 tarihinde İzmir’de bulunacağı bildirilmiştir.

Heyette yer alan sektöründe lider Amerikalı firmalar, Türk firmaları ile gerek Türkiye’de gerek bölge ülkelerinde işbirliği oluşturmak üzere İzmir Swissotelde birebir toplantılar gerçekleştirilecektir.

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İZMİR

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İzmir, the third city in the socioeconomic development and competition index is also the center of the Aegean Region. It has rich natural resources, high investment, adult human force ,developed corporational structure, scientific and technologic infrastructure and strong transportation networks.

The third province with the greatest contribution to Turkey GDP is İzmir with its GDP capacity of 13.383  million TL according to 2001 current prices, following İstanbul and Ankara. Regarding GDP per capita on the other hand, it is the sixth ranking province  in Turkey with a value of 3,215 $ (3,894 TL).

Considering the course of the share İzmir receives from public investments in Turkey during the last decade, a trend towards declining may be observed. While the share of İzmir was 4.82% as of 1999, this value has almost halved, declining to 2.44%. And in year 2007, the value declined to 1.99% .

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