New York, New York - September 13, 2007 - Internationally-focused investors, executives, financial and service professionals, venture capitalists, journalists and other interested individuals are invited to attend the annual investment conference of DEiK/ Turkish-US Business Council (TAIK) on October 16, 2007 at the Palace Hotel in New York City. Information concerning the program agenda, registration and other details can be accessed at:
This year's conference will be one of the very first presentations of the new Turkish government following the July 22nd elections, and will present attendees with an opportunity to meet and greet some of its new members. The conference will also feature leading representatives of the Turkish business community. It aims to analyze the current state of affairs in the Turkish economy and corporate world and provide an outlook on emerging business and investment opportunities and developments in both public and private equity markets.
The event will feature a keynote address by H.E. Mehmet Simsek, newly-appointed Minister of State in Charge of Economy (invited) and examine the future of Turkey and investment opportunities in healthcare, real estate, telecom, agriculture, energy and other targeted sectors. It will feature presentations by Turkish and US government and business leaders representing organizations including TAIK, Dogus Group, TOBB (The Union of Chambers and Commodity Exchanges of Turkey), DEIK (Foreign Economic Relations Board of Turkey), Investment Support and Promotion Agency of Turkey, Ata Invest, Sabanci Cement Group, IT Group (invited), Koc Holding IT Group (invited), Texas Pacific Group(invited), Fiba Holding, Esas Holding, Garanti Securities, Banking Regulation and Supervision Agency of Turkey, Capital Markets Board of Turkey, OECD (invited), Economic Policy Research Foundation of Turkey (invited), Economic Stability Institute of Economic Policy Reseach Foundation of Turkey, World Bank, Turkcell, Sancak Group and GE Electric (invited).
The meeting will be held on October 16, 2007 from 8:00 AM -5:00 PM at the New York Palace Hotel, located at 455 Madison Avenue (located at 50th Streets) in New York City. A registration fee of $300 will be charged ($250 for DEIK members). All registration fees must be received no later than Monday, October 11, 2007 and no cancellations or refunds will be allowed after this date.
This event is sponsored by GE Money, Ata Invest and Garanti Securities. Supporting organizations include TOBB (The Union of Chambers and Commodity Exchanges of Turkey) and ABFT (American Business Forum in Turkey), ATC (American Turkish Council), ATS (American Turkish Society), OBG (Oxford Business Group), TABF (Turkish American Business Forum), TACCI (Turkish-American Chamber of Commerce and Industry). Supporting publications include Area Development, EPFR Global, EE Times and the KWR International Advisor.
"Turkey's GDP grew at an average of 7.2% annually from 2002 through 2006 -- one of the highest sustained rates in the world - and maintained a 6.8% growth rate during the first quarter of 2007. It possesses not only a truly dynamic domestic economy -- but one that offers great geo-strategic value through its ability to serve as a bridge between Europe and increasingly important Central Asian and Middle Eastern markets" noted Mr. Ferit F. Sahenk, Chairman, TAIK and Chairman, Dogus Group. "We look forward to briefing corporate and financial investors in New York on last July's election and how this event and other recent developments are impacting our economy and a range of promising investment opportunities within our nation and the region at large."
"Despite Turkey's underlying attractiveness, trade and investment with the US lags far below what is received from Europe, the Gulf and Asian economies. US foreign direct investment accounted for only about 3% of total 2006 inflows and trade 4.9% of total volume, consisting of 4.3% of Turkish imports and 5.9% of exports respectively," commented Mehmet Sami, Board Member, Ata Invest. "With this forum, we are seeking to familiarize US executives and investors with both the reasons why they should focus more attention on Turkey as well as sectors and potential public and private investment vehicles they might consider to gain greater exposure to this promising market."
To register to attend the Turkey Beyond 2008 Investment Conference in N.Y.C. on October 16, 2007, or to obtain more information, please visit: http://www.turkey-now.org/Default.aspx? pgID=870&langid=1 or
Contact Ms. Lydia Borland, Washington Representative, DEIK/TAIK, telephone +1 202 258 5816, email: email@example.com
Operating under the Foreign Economic Relations Board in Turkey, Turkish-US Business Council was formed in 1985 as the first business council in Turkey promoting investment and commerce between Turkey and the US. The Council has undertaken numerous activities to promote Turkey and develop business relations between Turkey and the US. It has hosted many high level representatives from the government and private sectors of both countries, setting a precedent for other NGO's serving similar goals.