Sanko Holding Invests At Full Speed

Sanko Holding will make an investment of USD 50 million on energy sector, 55 on textiles, 30 on concrete and 15 million on packaging industry, which makes up USD 185 million in total, in 2017.

  16 February 2017 10:00 Thursday
Sanko Holding Invests At Full Speed

Stressing their investments are going on at full speed, Abdulkadir Konukoğlu, Honorary President of Sanko Holding, states they are planning to make an investment of USD 50 million  on energy sector, 55 on textiles, 30 on concrete and 15 million on packaging industry, which makes up USD 185 million in total, in 2017.

Pointing out that they have made not limitations for the investments, Mr. Konukoğlu says they will complete the projects still going on in 2017 and they will initiate new investments. "There has been a turmoil all over the world.  What is happening in our neighbouring country is not only a civil war, but a world war. We hope Turkey will overcome this trouble and we will have a secure boundary, after which our economy will start to improve", comments Mr. Konukoğlu,  saying they expect some economic recoveries in the second half of 2017.

Realities Of The Market Are Different Than The Words Of Economists

"There is a big difference between what economists observe and say and the reality of the market. Turkey is quite exceptional in that you may see unexpected attacks", explains Mr. Konukoğlu, pointing out the fact that economy experts always expect an  economic shrinkage, yet Turkish entrepreneurs tend to gain exceptionally good results.

"Success is achieved in many different forms. Investment mobilisation is one of these forms. We should multiply our current labour volume by ten. If you look at the numbers, yes, there is a downsizing and you may as well state there will be downsizing next year too. But it is Turkey. Economy does not run on numbers but feelings. Our national feelings always supersede. Since we do not act on numbers but our feelings, you will see growing numbers will not be as expected", explains Mr. Konukoğlu, touching the mobilisation in economy declared by the President Recept Tayyip Erdoğan.

"Economy of Gaziantep will be much better than the average of Turkey and Gaziantep has always grown more compared to the average of Turkey. Cities such as Denizli, Konya, Kayseri and Adana have already started to flourish, but above all stands Gaziantep. We surpass them ", says Konukoğlu. Emphasizing that they have sometimes surpassed big cities in exports volume despite the war environment going on in the region, Konukoğlu concludes Gaziantep will attain a great success both in terms of investments and exports.

 


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