Monday, December 11, 2006

Foreign investors are showing a serious interest in capital ventures in Turkey's non-financial sector. Positive developments in the economy and success of the programs implemented by the he International Monetary Fund (IMF) and the safety deriving from Turkey's European Union process, have all contributed to trust in the Turkish market. As a result Turkish companies have been increasingly partnering and conducting transactions with big foreign companies.


Koç Group recently sold its Izocam and Döktaş divisions to foreign investors. The IMKB's publicly held corporation Idaş has a foreign suitor in European bed manufacturer Hilding. Food producer Penguen Gıda and Turkey's biggest seamless apparel producer Metemteks, have also signed partnership contacts with foreign investors.