Morocco to Promote Renewable Energy
Plans by Government officials in Morocco to introduce legislation that will encourage foreign investment in the country’s renewable energy sector. Amina Benkhadra the Moroccan Energy Minister said the ministry would promote renewable energy by creating a favourable investment climate. "Coherent legislation that supports the development of the flourishing renewable energy markets and also recognizes the [...]
China and Turkey to collaborate over tourism
Trade representatives Arzuhan Dogan Yalcindag of the Turkish Industrialists and Businessmen’s Association and Cen Cien the trade minster for China have been in talks with regards to their tourism. Ms Yalcindag said that Turkey could bring its experience as a major player in tourism to the relationship between the two countries. " Turkey is one [...]
Morocco to Invest in High Speed Railway Line
The transport minister for Morocco has unveiled plans to invest 20 billion dirhams to build a high-speed rail line linking the northern city of Tangier to the country’s commercial capital, Casablanca. “The project cost is estimated at 20 billion dirhams and will cut the journey between the two cities to two hours and 10 minutes [...]
UK Holidaymakers to Turkey Increase 14.58%
Figures from the European Union has shown that 1,840,307 visitors to Turkey are from the UK this year, up 14.58 per cent on last year. With Turkey predicted to be among the top three Mediterranean tourist destinations by 2020. Director of the Turkish Culture and Tourism Office (TCTO) in the UK, Sermin Ozduran, has said: [...]
Turkish mortgages 'opens up' market for foreign investment
Paul Collins, overseas property editor for BuyAssociation has said that Turkey’s growing mortgage market will encourage foreign investment. Changes within the mortgage industry have made it easier to buy houses in the country. Turkey’s deputy prime minister Abdullatif Sener changed the law last year to allow lenders to offer long-term mortgage deals as well as [...]