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Thursday, May 09, 2013

Bahrain News Agency | Turkey’s Foreign Investment to Be Explored at CATHIC

Turkey’s Foreign Investment to Be Explored at CATHIC
03 : 31 PM - 09/05/2013

Istanbul, May 9. (BNA) -- Prospects for foreign investment in Turkey’s burgeoning tourism and hospitality sector will be under the spotlight at the upcoming The Turkey & Neighbours Hotel Investment Conference (CATHIC) to be held in The Marmara Taksim, Istanbul, 29-30 May.
During the last decade, foreign investment in Turkey’s tourism and hospitality industries reached record levels, averaging close to US$10 billion per year and Prime Minister Recep Tayyip Erdogan is quoted as saying that the country will soon be among the top recipients of foreign direct investment, much earmarked for infrastructure improvements.

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