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Tekfen Interested in Joint-venture Projects in Gulf Area

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Turkey’s Tekfen Holding (TKFEN.IS), which has interests in construction and agriculture, said it is in talks with European firms for projects in Qatar, Saudi Arabia and Iraq to increase its backlog to $3 billion in five years from a current $2 billion.

The company also may invest in an ammonia plant overseas, construction unit executive Umit Ozdemir and chief executive Erhan Oner told reporters late on Tuesday in comments embargoed until Thursday morning.

Tekfen Holding is one of the most successful groups in Turkey, involved in several sectors such as consumption goods, construction, finance etc.

28.04.2011
SOURCE: SABAH ENGLISH

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