Istanbul of the future on global podium

DOĞAN ERDOĞAN / ISTANBUL COMMERCE - CANNES

Istanbul Tent covering an area of 300 square meters at the entrance to the Fair Grounds of MIPIM 2015, received 4500 investors from 93 countries, welcomed those who wished to see the huge model of the city and learn about the projects.

Istanbul took part in MIPIM with some breathtaking projects. MIPIM the largest real estatefair of the world and was held on 10-13 March, 2015 at Cannes, France. The 'Living Istanbul Model is commissioned by Istanbul Chamber of Commerce and is the largest design model to date. It was put on display in the Istanbul Tent placed at the entrance to the fair grounds.

Putting on display 24 hours of Istanbul's life through audio-visual effects, the 96 square meter large model showcased the projects in the city, urban transformation zones, and the 'rising' districts. The Tent drew particular attention to Istanbul's mega projects, namely the Istanbul Finance Center in Ataşehir, Ataköy's shoreline, and large scale projects in Beyoğlu.
Real estate and urban transformation projects were presented on the international arena through the MIPIM fair, which is of utmost importance for the sector as it brings contracting firms, international investors, city planners, architects, hotel chains, municipal and government agencies together.

WE PROMOTED THE OPPORTUNITIES
President of the Istanbul Chamber of Commerce, İbrahim Çağlar said "At MIPIM 2015, we achieved a first by promoting the famous historical sites as well as real estate and infrastructure projects of Istanbul through a 3D model of the city. We promoted the strength of Turkish construction industry, which ranks second in the global scale, and executes billions of dollars worth of business abroad. We also promoted the opportunities presented by Istanbul."

Noting the presence of substantial elements of convenience through administrative and regulatory arrangements, President Çağlar added "In Turkey, one fifth of all residential unit sales and 30 percent of sales to foreigners, took place in Istanbul. Foreign investors’ demand for real estate in Istanbul grew significantly. 19 thousand residential units were sold to foreigners. In 2014, sale of residential units to foreigners grew by 55 percent, to reach 19 thousand."

100 BILLION DOLLARS
President Çağlar said “the dynamic structure and growth of the sector all over Turkey will continue. This is not mere wishful thinking, but a clear economic fact obvious to local and foreign investors. In 2015, investment figures in construction will approach to 100 billion."

MORE THAN 40 MEGA PROJECTS ARE IN PROGRESS

The President of Istanbul Chamber of Commerce, Ibrahim Çağlar noted that foreigners who fell in love with Istanbul do not hesitate for a moment before investing in Istanbul, and said "There are more than 40 mega projects in Istanbul. Investments out of the local government's resources reach 30 billion dollars. Kanal Istanbul project, the Third Airport, the Third Bridge, Marmaray, Eurasian Tunnel Project, and Finance Center represent global steps taken by Turkey. These huge projects bring extraordinary pace to the real estate market in Istanbul."

BEYOĞLU, A CENTER OF ATTRACTION

The Beyoglu Investors Group (BIG) founded under the leadership of Ahmet Misbah Demircan, the Mayor of Beyoğlu, exhibited many projects at ITO's Istanbul Tent. Mayor Demircan said "Beyoğlu's active investment value will hit TRY 40.8 billion in two years, thanks to new projects such as Okmeydanı, Haliçport, and Galataport. We are proud to arrive in Cannes having reached many of our goals.

SUBSTANTIAL INTEREST FROM ARABS AND RUSSIANS

Officials of Abraaj Capital of Dubai visited Istanbul Tent and discussed the projects with the members of Beyoglu Investors Group (BIG). Moreover, Russian Minister of Construction, Housing and Public Services, Mikhail Men noted his admiration for the projects, and invited the mayor of Beyoğlu and the members of BIG to Russia.

04 Ağustos 2015 Salı

Etiketler : English