TUSKON touts Djibouti as bridge for investors
Posted by meb at January 19th, 2009
The Turkish Confederation of Businessmen and Industrialists (TUSKON), known for its determination to build “commerce bridges” to open new doors for Turkish investors, has chosen the Republic of Djibouti, a country in the Horn of Africa, as its portal to Eastern and Central Africa. Djibouti is a small country, but it plays a key role in reaching out to Eastern and Central African markets, which are home to hundreds of millions of people.
TUSKON last week hosted Djibouti President Ismail Omar Guelleh in the capital. Djibouti has great potential in free trade zone and port operations, and the country is rapidly developing. Guelleh called on TUSKON investors to invest in Djibouti. The confederation will be sending a delegation to the country in the coming days.
TUSKON President Rızanur Meral told Today’s Zaman that the way to Central and Eastern African markets, and primarily to Ethiopia, a country of 80 million, is through Djibouti. “All sorts of products can be distributed from this place. Dubai is managing free trade zone and port operations here. Turkish investors should start investing in the free zone as soon as possible to find low-priced storage and transportation options.”
Meral urged Turkish entrepreneurs not to waste time. “Africa is the leading place in the world where growth never stops,” he said. “We have to take our place in this market as soon as we can. It is possible to export all kinds of goods here.”
Guelleh last week also met with President Abdullah Gül. The visiting president also toured the Sincan Organized Industrial Zone and the Ermaksan, Pi Makine and Hidromek companies.
Ermaksan General Manager Hasan Erdoğan said the bridges of commerce that TUSKON builds opens important doors for Turkish exporters.
source: Today’s Zaman
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