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Italian Companies to Invest in Turkey’s Energy Sector

Italian Companies to Invest in Turkey’s Energy Sector

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Italian energy companies are planning to invest in Turkey , according to the head of the Italian Trade Centre in Istanbul. Nine prominent Italina energy companies will invest in Turkey following talks between Prime Minster Recep Tayyip Erdoğan and his Italian Romano Prodi, said Dr Roberto Luongo, director of the Italian Trade Centre in an exclusive interview with Today’s Zaman.

A delegate from the nine companies will arrive in İstanbul to inspect the companies which they plan to cooperate. The Italian companies will pay visits to Turkish firms that are active in the field of wind energy, Luongo said: “We want these nine companies to invest in the Turkish energy sector because they plan to make an investment of 100 million euros.”

Turkey , which is Italy’s third trading partner, provides a great opportunity for Italian investors, Luongo underlined. He added that future investment of these nine Italian companies in the Turkish energy sector will be a significant step in strengthening relations between the two countries.

“The annual commercial cooperation between Turkey and Italy is around $15 billion. Rossi and Beneditti, two consulting firms that specialise in the energy sector, will be among the nine companies coming to assess the investment atmosphere in Turkey ,” he said.

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