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Turkish business world expects Turkey to offer good business and economic opportunities in 2012. Turkey, which grew 11.6 percent in the first quarter of 2011 and 8.8 percent in the second quarter, is the second most rapidly growing country in the world and the most rapidly growing country in Europe, thanks to this pace.
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Business world thinks Turkey would continue offer good business and economic opportunities in 2012, when global crisis concerns will continue.
"Turkey is in good situation in regard to budget and fiscal discipline, which raises our confidence," Muharrem Yilmaz, a member of Turkish Industrialists' & Businessmen's Association (TUSIAD) Executive Board, told AA correspondent on Monday.
Yilmaz said despite fluctuations in global economy, budgetary and fiscal discipline in Turkey and Central Bank reserves were limiting results of outside shocks.
"We will naturally experience a shrinkage in 1012. I think there will be an economic slowdown, but I think this will be very slowly," he said.
Also speaking to AA correspondent, Anadolu Group's Executive Board President Tuncay Ozilhan said economy would slow down a bit in 2012 and growth rate would fall down.
"I forecast growth around 4-5 percent next year," Ozilhan said.
Ozilhan said the group had ongoing investments and it would complete them in 2012.
"I think we need to see developments before making new decisions, and I think many investors will do so and decide on their investment plans for 2012-2015 after seeing 2012," he said.
Kibar Holding's Executive Board Vice-President Ali Kibar was another businessmen that spoke to AA correspondent about expectations for 2012.
Kibar said the holding did not change its investment plans for 2012 despite slowdown in growth rate, and forecast Turkey's growth in 2012 around 6 percent.
"I am positive on Turkish economy in 2012. We should not be pessimistic," he also said.
Moreover, Kiler Holding's Retail Group Chairperson Umit Kiler said Turkey was one of the prior countries where businessmen could invest in the world, and forecast that global fluctuations would continue in the first half of 2012.
Umit Kiler projected Kiler Holding's growth in 2012 around 8-10 percent, a figure over Turkey's forecast annual growth rate.
Kiler also said the holding did not suspend its investment plans for 2012 due to a projected slowdown. |
Source : en.cumhuriyet.com
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