Project Finance in Turkey
January of 2000 saw the completion of the new airport terminal and multi - storey car park at Istanbul Airport, at a cost of 306 million USD, this project is but one of an increasing number of infrastructure projects.
January of 2000 saw the completion of the new airport terminal and multi - storey car park at Istanbul Airport, at a cost of 306 million USD, this project is but one of an increasing number of infrastructure projects.
Whilst it cannot be denied that Turkey must bring about significant change before its’ banking system can be considered on par with those of Western nations, critics in drawing comparisons often neglect to analyse the current situation within an historical context.
At the request of the Banking Association of Turkey, Arthur Anderson recently prepared a survey examining the future of the Turkish Banking Sector in the new millenium.
Recent events in the global economic market have seen Turkey establish what many have described as "a pivotal role in the New World Order". Perhaps such a description is over ambitious but one would be misguided to ignore Turkey's increasingly important strategic and economic global presence.
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