Monday, September 26, 2005

The Anatolia Times-Kaslowski: Privatization Strengthens Turkey's Image For Foreign Investors

"Kaslowski: Privatization Strengthens Turkey's Image For Foreign Investors
ANKARA - Turkish Industrialists & Businessmen Association (TUSIAD) International Chairman Aldo Kaslowski said, ''important privatization initiatives in Turkey strengthen Turkey's image in the aspect of foreign investors.''

''Continuation of privatization process may increase investments in Turkey,'' added Kaslowski.

Speaking to A.A on Sunday, Kaslowski said, ''privatization also increases Turkey's credibility.''

''During our meetings with government officials in Ankara, we took up Turkey-EU relations, new markets for foreign trade, incentives and investment issues. We think that sectoral incentives will be more effective instead of regional incentives,'' he said.

Kaslowski said, ''speeding up privatization is important for the future of Turkish economy. But, same thing cannot be said in the aspect of employment. Privatization will increase new investments regarding technology. Foreign capital within the scope of privatization becomes beneficial in the aspects of income and technology, but it can decrease employment level.''"

More:The Anatolia Times