Turkish Akfen Construction Holding Is Ready to Invest in the Development of the Port of Taman

April 13, 2015

This was said by the General Director of the Cuneyt Baltaoglu Company in Russia, the ITAR-TASS News Agency reported.

The Company has not yet made a decision of the terminal construction. But the Head of the Russian representative noted that the Akfen Holding is interested in the port assets in the Black and Baltic Seas. Now the investors are holding negotiations with his partner, PSA International (Port of Singapore Authority). But they are at an early stage. The News Agency emphasizes that Cuneyt Baltaoglu declined to publish specific projects.

The Turkish Akfen Holding manages the port assets through its subsidiary, Mersin International Port (MIP). It provides cargo handling area and Anatolia, the Black Sea and the Middle East. Currently, MIP is a largest port in terms of imports and exports of Turkey.

For reference information: the Turkish Akfen Construction Holding was founded in 1976. In 1999, it received the status of the largest company on the construction of infrastructure facilities in Turkey. In 2010, the company placed its shares on the Istanbul Stock Exchange. Currently, Akfen specializes in investment and management of airports, port operations, treatment facilities and hotels. The company has been working in Russia since 2008. The company together with the Accor Hotel Operator is engaged in the development of business class hotels under the Ibis brand. Currently, Akfen has opened three hotels in the country: by one in Samara, Yaroslavl and Kaliningrad.

Source - Investment portal of Krasnodar region



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