International bosses confident of Turkish economy

International bosses confident of Turkish economy

Heads of multinationals say investment plans in Turkey have not changed following coup attempt

By Fatih Erkan Dogan

ANKARA (AA) - Several senior figures from Turkish business on Thursday endorsed the country’s economic outlook following the July 15 coup attempt.

Murat Kansu, the head of Microsoft Turkey, said the spirit of national unity that emerged during the coup bid would have a beneficial effect on the economy.

“To the extent that this situation reinforces political stability, Turkey's economy will be affected very strongly in a positive sense,” he told Anadolu Agency.

Turkey’s dynamic and youthful population has the potential to make the country one of the world’s leading economies in the coming decades.

“Microsoft believes in the great potential of Turkey, today as it did yesterday, and will continue to support and accompany the digital conversion of the country,” Kansu said.

Toyota Turkey’s CEO Hiroshi Kato said his company’s investment in Turkey currently stood at around $1.8 billion. “Turkey is an important market for Toyota in terms of sales in Europe and all production and export activities in Turkey are progressing in line with our plans,” he said.

Defne Tozan, the head of IBM Turkey, also pledged her company would honor its commitment in helping the country become one of the world’s top ten economies by 2023.

Felix Allemann, the CEO of Nestle Turkey, said there was immense confidence in the Turkish economy and its growth potential.

The general manager of 3M Turkey, Mert Buyukyazgan, added: “As 3M, we have confidence in the Turkish economy. We will not make any changes to our planned investments."


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