Forum Views ()
Forum Replies ()
Read more with google mobile :
"Anatolian tigers" go where Turkey's diplomacy leads
Yahoo!
My Yahoo!
Mail
More Yahoo! Services
Account Options
New User? Sign Up
Sign In
Help
Yahoo! Search
web search
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Africa
Europe
Latin America
Middle East
North America
"Anatolian tigers" go where Turkey's diplomacy leads
Reuters - Wednesday, July 14
Send
IM Story
Print
By Simon Cameron-Moore
ASTANA - Turkish President Abdullah Gul likes to walk, and where he goes, businessmen often follow.
Gul likes the idea, probably more than his bodyguards, that the leader of a country whose foreign policy goal is to have no enemies and do business wherever it can is an unlikely target for anyone other than Kurdish militants back home.
On a midnight stroll with his entourage along the peaceful boulevards of Kazakhstan's new capital, Astana, he recalled a trip to Afghanistan in 2007.
"I was walking in Kabul without anyone bothering me," Gul told Reuters. "On the same day, Dick Cheney was stuck at the air base after a bomb attack there that killed over 20 people."
Who knows whether the Turkish road builders and construction contractors will ever make it big in Afghanistan, but the Turks' "go anywhere" attitude has paid off elsewhere.
Encouraged by their government's diplomatic offensive to cultivate relations outside the West, they have made inroads in the Middle East and Africa, the Balkans and former Soviet bloc.
Success-hungry entrepreneurs from the boondocks of eastern Turkey have been dubbed the "Anatolian Tigers," and their ambition has helped Turkey become the world's 17th largest economy, with a GDP of $780 billion .
They have prospered under the pro-business policies of Prime Minister Tayyip Erdogan's AK Party, a socially conservative party that sees itself as a Muslim version of Europe's Christian Democrats and has led Turkey since 2002.
Nowhere is there more concrete evidence of Turkish presence than in the energy-rich former Soviet republics stretching from the Caspian Sea to Central Asia, the ancestral lands of nomadic Turks who invaded Anatolia a millennium ago.
SUCCESS STORY
Visiting Astana to mark the 70th birthday of Kazakh President Nursultan Nazarbayev, Gul enthused over the astonishing architecture in what some people jokingly call a "Lego city" on the steppe.
His pride stemmed from the fact that Turks built most of it.
A dramatic shopping mall designed in the style of a giant nomadic yurt and called "the King of Tents" was opened on Nazarbayev's birthday, courtesy of Turkish hotelier and construction magnate Fettah Tamince and his partners.
Tamince chairs the Rixos hotel chain, operator of the six-star hotel where Gul stayed in Astana.
Nazarbayev asked Tamince if he could open it in time for a regional summit in 2005.
"I told the president: 'Give me your word that there'll be no bureaucracy, and we can do it'," Tamince said. "He saw what we could do and kept us. I've done a lot of investment here."
Aside from the mall and hotel, Tamince's Sembol Construction has built a university, a sports stadium, a convention centre and an outlandish pyramid that contains an underground opera house and hosts a congress of world religions every three years.
Tamince says his firms now generate $1.6 billion annually, including $1.1 billion from construction, most of it abroad. He is currently building hotels in Dubai and Vienna.
Just 38, fit and shaven-headed, Tamince says he's reading the autobiography of flamboyant British tycoon Richard Branson. But his own odyssey could fill a book too.
At 14, he says, he left his poor home town on Turkey's border with Iran, where "it snows for eight months, rains for two and is summer for two," and went to the Mediterranean resort of Antalya, where he sold carpets to tourists.
When he was 18 he bought a car and drove to Switzerland. Later he moved to Germany, where he made enough money to go into real estate back in Turkey.
OLDER GENERATION
A listening diplomat says he knows of dozens of success stories among Turkish businessmen in the 'Stans, where people speak different strains of the Turkic family of languages.
Today, Turks account for 60 percent of the construction market in Kazakhstan, and in Turkmenistan the figure is 90 percent. It is a similar story in Azerbaijan, Gul's aides say.
They cite surveys showing that, in terms of revenues generated abroad, Turkey's construction and contracting industry has overtaken the United States' to stand second to China's.
Turkish firms expect the value of projects they are involved in to exceed $25 billion this year.
While Tamince belongs to a new generation, Turkish businessmen who arrived in the 1990s helped to fill an entrepreneurial void left by decades of communism.
Turkish businessmen stole a march in Central Asia after the collapse of the Soviet Union in 1991, thanks to the foresight of then-president Turgut Ozal, who swiftly put up money for trade with the newly independent but almost bankrupt states.
"It was the first oxygen to the economy," recalled Ahmet Hamdi Ayan, who arrived in Kazakhstan in 1992. He remembers foreigners arriving in the old capital Almaty without a decent place to stay or eat. "You were lucky if you got black bread."
Ayan's answer was to build and run the Intercontinental hotel. Today his Ahsel Group has a turnover of close to $400 million, employs 6,000 people, mainly in construction. He has won contracts in Astana to build the parliament, a 22-storey business centre, and a stunningly designed national library.
MAKING CONNECTIONS
Swapping stories over a barbecue dinner in the gardens of the Rixos hotel, Ahmet Calik, billionaire chairman of Calik Holding, struck a common theme.
"Turkish companies played a huge, positive role in these countries," he said. "Now they have made big progress ... and we're grateful to the governments who trusted us."
Saparmurat Niyazov, the late Turkmen autocrat, trusted the quietly spoken mogul so much that he made him a minister.
"Our group had done more than 100 projects in Turkmenistan," Calik recounted. "We built all the power plants in Turkmenistan. As a group we built eight gas-fired power plants."
Having arrived in Turkmen capital of Ashgabat in the 1990s looking for deals in cotton, Calik has wound up with a business empire spanning energy, telecommunications and finance.
Calik, who took over the pro-government Sabah media group and ATV television channel in Turkey in 2007, says his group employs 20,000 people in a dozen countries. He says half its revenues come from outside Turkey.
Calik Energy is now building a $4 billion trans-Anatolian pipeline, along with Italy's ENI, to take oil from the Black Sea to the Mediterranean. The oil is expected to be supplied by ENI's holding in Kazakh oil fields.
Recommend
Send
IM Story
Print
Related Articles
Israel navy shadows Libyan aid ship AFP - 1 hour 29 minutes ago
Suicide vest is vital clue after Uganda blasts AFP - Wednesday, July 14
Israel gives Gaza-bound ship midnight ultimatum AFP - Wednesday, July 14
'Abducted' Iran scientist surfaces in US AFP - 12 minutes ago
Italian police seize alleged Calabrian mafia boss AFP - 1 hour 7 minutes ago
News Search
Top Stories
Wall Street overhaul on track for final approval
'Abducted' Iran scientist surfaces in US
Italian police arrest 300 in major blow to Calabrian mafia
Three hurt in Spanish bull run
Freed Cuban political prisoners arrive in Spain
More Top Stories »
Most Popular
Most Viewed
Most Recommended
Mel Gibson rants posted online
US scientists create cloth that can listen
BP places new cap over leaking oil well
Bahamas police capture 'Barefoot Bandit'
New cap raises hopes of end to Gulf oil disaster
More Most Viewed »
Reclusive top mathematician turns down prize, again
Germany's 'Octopus oracle' keeps perfect record
Amputee cat gets bionic legs
Fans gather for Michael Jackson death anniversary
Who's right - the dolphin or the octopus?
More Most Recommended »
Elsewhere on Yahoo!
Financial news on Yahoo! Finance
Stars and latest movies
Best travel destinations
More on Yahoo! News
Home
Singapore
Asia Pacific
World
Business
Entertainment
Sports
Technology
Subscribe to our news feeds
Top StoriesMy Yahoo!RSS
» More news feeds | What are news feeds?
Also on Yahoo
Answers
Groups
Mail
Messenger
Mobile
Travel
Finance
Movies
Sports
Games
» All Yahoo! Services
Site Highlights
Singapore
Full Coverage
Most Popular
Asia Entertainment
Photos
World Cup 2010
Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved.
Terms of Service |
Privacy Policy |
Community |
Intellectual Property Rights Policy |
Help
Other News on Wednesday, 14 July 2010 Rogue Afghan soldier kills three British Gurkhas
Russia still holding swapped spies: reports
Gays more frequent blog readers, social network users
Cuban dissidents arrive in Spain hailing 'new stage'
Netanyahu-Mubarak talks postponed again
US-TECH Summary
Italian police arrest 300 in major blow to Calabrian mafia
Apple shares slide as iPhone 4 concerns grow
Vanished Iranian scientist turns up in Washington
Three hurt in Spanish bull run
Sarkozy rejects scandal, pushes pension reform
Libyan aid ship asks to dock in Egypt, not Gaza
Apple shares slide on iPhone problems
Lebanon court hands death sentence to spy for Israel
|
Lebanon court hands death sentence to spy for Israel
U.S. judge clears trial for ex-Guantanamo detainee
|
Vaseline launches skin-whitening Facebook app for India
Afghan soldier kills three Gurkhas
Key US Senate panel backs 'libel tourism' bill
Venezuela hands suspected Colombia drug lord to U.S.
|
"Anatolian tigers" go where Turkey's diplomacy leads
Greeks head for love online: study
Nigerian sect leader praises al Qaeda, warns U.S.
|
Asif treble rocks Australia in first Test
107 dead in China rainstorms and floods: state media
Evans yellow jersey ambitions dashed on Madeleine
China's elderly population leapt in 2009: state media
Fiji expels Australian envoy for 'unfriendly acts'
'Abducted' Iran scientist surfaces in US
Australia shrugs off Timor refugee snub
Michelin picks Chicago as third US go-to destination
Apple shares slide as iPhone 4 concerns grow
|
US-ENTERTAINMENT Summary
Court strikes down FCC indecency policy
eBay sued for $3.8 billion in PayPal patent case
|
New stars begin to shine in Bollywood
Water taxi set to sail to rescue of gridlocked Beirut
Vaseline launches skin-whitening Facebook India app
South Korea's Ssangyong extends bid deadline
U2 reschedules N.America tour
Japan's Uniqlo joins Grameen Bank to help poor in Bangladesh
Japan's Nomura to list $100 mln Sukuk on Malaysia bourse
Court strikes down FCC indecency policy
|
Glee writers drop hints about season No. 2
|
Filipina singer Charice sees courtroom as next stage
|
Russia and Iran sign energy cooperation pact
Iran scientist heading home via third country: ISNA
|
Rioters hurl petrol bombs in new N.Ireland unrest
Shooting attacks hit Yemen, al Qaeda blamed
|
Seven killed in Egypt building collapse
Clampdown rumoured as China "twitter" sites down
French lawmakers approve full veil ban
Uganda finds suicide vest, makes several arrests
|
US trade deficit widens to 18-month high
China stops funding Green Dam web filter: report
Libyan aid ship loiters in waters off Gaza: Israel
|
Obama vows to cut HIV cases with new AIDS strategy
Afghan hunt rogue soldier after British killings
Intel posts 'best quarter' ever
Cuba frees prisoners, but Fidel steals spotlight
|
Mel Gibson takes aim at Hispanics in fresh rant
Suicide attack kills Afghan policeman in Kandahar
Microsoft adds Facebook to Outlook
Japan eyes spending cuts to meet budget goal
|
Turncoat Afghan soldier kills 3 British troopers
Deadly typhoon cuts power in Manila, aims at China
|
'Barefoot bandit' deported back to the US
Venezuela hands suspected Colombia drug lord to U.S.
|
Amazon storm killed half a billion trees: study
|
Yankees owner Steinbrenner dies
At least 60 in hospital after Mumbai gas leak
Vaseline launches skin-whitening Facebook app for India
Tests blame some Toyota accidents on drivers
'Abducted' Iran scientist surfaces in US
Malaysian police stumble upon illegal 'zoo' in car raid
Wall Street overhaul on track for final approval
'Abducted' Iran scientist leaves US for Tehran
N.Korea to hold talks with UN Command on sinking
20 dead after Typhoon Conson hits Philippines
'Abducted' Iran scientist surfaces in US
Study calls for greater care to 'quality of death'
U.S. deports another person in Russian spy probe
Laos, US in highest contact since Vietnam War
Vietnam's Mekong paddies dry up
U.S. says Somali al Shabaab seen behind Uganda bombings
China web filter developer's finance woes: report
Clampdown rumoured as China twitter sites down
|
China stops funding Green Dam web filter: report
|
Javier Bardem and Penelope Cruz wed in Bahamas
Seoul shares post 25-mth closing high on techs
Taiwan stocks at 2-mth closing high; Intel lifts TSMC, Acer
Peter Jackson meeting with "Hobbit" actors
China admits more tainted milk found in February
Steinbrenner relished wacky depiction on Seinfeld
Tests blame some Toyota accidents on drivers
Michael Jackson fans graffiti his tomb
S.Korean mobile carrier to allow Internet calls
Ranting, sexist Mel Gibson not "What Women Want"
PAKISTAN
Roman Polanski lawyers call for misconduct inquiry
S.Korea urges price-fighting steps; jobless rate up
US court orders review of broadcasting indecency rule
Filipina singer Charice sees courtroom as next stage
WRAPUP 1-New Zealand retail sales back slow pace of rate rises
Seoul shares post 25-mth closing high on techs
South Korea's jobless rate rises in June
Ranting, sexist Mel Gibson not What Women Want
|
Steinbrenner relished wacky depiction on Seinfeld
|
Javier Bardem and Penelope Cruz wed in Bahamas
|
Peter Jackson meeting with Hobbit actors
|
German Credit Suisse branches raided in tax probe
Apps That Change The World
Afghan attacks kill 8 US soldiers in 24 hours
Credit Suisse branches raided in German tax probe
Pakistan ISI behind Mumbai attacks: India official
|
EU clears major tie-ups in ailing airline sector
5 more American troops die in Afghan attacks
Four NATO soldiers killed in Afghan bomb attack
|
Suicide bomber involved in Uganda blast: official
3 US troops die in attack on Kandahar police HQ
Centre-left rise in German state underlines Merkel woes
|
3 NATO troops die in attack on Kandahar police HQ
Tiger-rescue plan to be drawn up in Indonesia
Penelope Cruz, Javier Bardem tie the knot
Drunk Russians drown escaping heatwave
|
Suspected S.Africa Terre'blanche killer out on bail
|
China landslide deaths rise to 41
Australia 253 all out against Pakistan
Indian FM to press Pakistan on Mumbai probe in talks
China's AIDS activists face uphill struggle
E.Timor deputy PM rejects Australian asylum fix
S.Korean legalises euthanasia for terminally ill
eBay sued for $3.8 billion in PayPal patent case
|
Japan killer mum 'spun child in washing machine'
Indonesia to ask internet providers to block porn
|
Sanyo launches first rice bread cooker
Britain the best place to die: global study
Fan's pictures of Beatles going on sale in Britain
Pakistani stocks end up; rupee firms; o/n rates flat
China plans to approve Nokia's web mapping service
Jailed rapper Lil Wayne to release EP in September
India's double-digit inflation inches higher
Behind The Booze Brands
Celebrity Charities: Good For Image, But What About Good Works?
Foreign firms in China go west to beat wage hikes
Vegas' Perfect Poolside Dining
Jailed rapper Lil Wayne to release EP in September
|
Pakistan bans Indian film with Bin Laden lookalike
|
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights