The royal family from Dubai will invest in Turkey

Business, TourismTurkey
investment

According to report of the Hurriyet newspaper,  the royal family of Dubai under the roof of Business Council of Dubai is intending to make various investments in Turkey. And the first investment of approximately 200 million dollar is planned in Bodrum.

The council of Dubai unites investors from Gulf countries, United Arabic Emirates and has representation in 200 countries. Their funds of 20 billion dollar belong to the royal family as well as the private investors and international companies.

Representative of the council, Mr. Tasci said that the Council intends to invest to Turkey in such sectors as energy, construction, food, aviation and tourism.

After a thorough market research it has been decided to start with touristic investment in Bodrum area, as it is one of the most attractive and popular touristic areas in Turkey with high potential.

The project will be built on 380 acres of land including the hotel and residential part, shopping centers and offices as well as first class marina. There are the set plans for co-operation in all the fields and all the agreements with sub -constructors are to be signed very soon.

These kinds of investments will create new job opportunities for many local people and provide the quality of the services to the end-up clients.

 

 

Posted by natalia.aksoy in Business, Tourism, December 30th, 2011

  • http://www.bayut.com/ Property in Dubai

    You may judge by this statement that what will be the property value in Dubai as the royal families are also not interested to invest in Dubai. people are shifting their property business from Dubai to other places. As we can see that the business of 380 acres has also been shifted to Turkey. The information provide by you is really good and appreciative to understand the business worth in other countries as compared with Dubai.