Turkish and Japanese firms appear to be set to sign on to be a part of this transitional period in Iraq together.
'The Turkish-Japanese Cooperation Seminar in the Iraqi Energy and Construction Market' meeting held by the Foreign Economic Relations Board (DEİK) brought together a total 159 firms, 48 of which were Japanese. A high volume of participants, including the total 156 representatives from Japan alone met to discuss the opportunities of participating in the rebuilding of Iraq. A series of meetings were held to discuss the potential 60 billion dollars worth of business opportunities in setting up hospitals, residences, schools, roads, metros, petrol, gas and electricity. The joint ventures of both nations' firms may create a total four to five billion dollars business volume.
Speaking at the forum, Minister of Economy Zafer Çağlayan expressed that the solution to the global crisis is global collaboration. Reminding that Japan is the world's third largest economy, "We are witnessing a historical program right now in which three rights have come together; the right time, the right sides and the right people."
Çağlayan went on to state, "Turkey and Japan's foreign trade has reached two trillion dollars. Both nations' national revenue is approximately 6.5 to 7 trillion dollars. Iraq is extremely successful. We must express that we are in favor of Iraq's unity and integrity. Iraq is a nation that can live in fraternity with a variety of groups of faith."
Explaining that Iraq is the second biggest country in the region, Minister Çağlayan, "Over the next three years, Iraq's petroleum exports will surpass 140 billion dollars. We do not look at Iraq in the way other countries do. We do not look at the Middle East or North Africa in the same way that western countries do. Unlike a number of other countries we do not look under ground, as Turkey, we look above it."
'OUR COLLABORATION WILL CREATE SYNERGY'
Çalık Holding Executive Board Chairman Ahmet Çalık points out that Japanese and Turkish firms complement one another rather than compete, which in turn is an excellent synergy.
Ahmet Çalık, "When the advantages of Japanese firms in technology, finance and reliability are joined with Turkish firms an excellent synergy is created. We have never had any problems with the Japanese. Our work cultures are extremely compatible. Turkish firms have the capability to do business in every sector in Iraq."
Çalık went on to state, "As a group we do not look to Iraq solely for business. Our relations with Iraq have flourished throughout history. We have lived together for hundreds of years and will continue to do so as long as this world exists. We have done a lot of work with Japanese firms in Central Asia. There have been extremely successful projects. However it is not enough to simply build the facilities. It is also necessary to train the labour force. If you are unable to train people, then the facilities are unable to operate."
WE TRAINED PERSONNEL
Recalling how they built a factory with the Japanese in Turkmenistan, Çalık stated, "We trained all of the personnel. At first, 30 percent of the staff was Turkish, whereas now 100 percent are natives. I believe that it will be the same case in the business we do with Iraq." Çalık went on to explain that there are two power stations in Iraq with a total 2,000 megawatt capacity and stated that they employ 3,000 staff half of which are locals.
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.