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New Hampshire governor calls for Turkish investments

ISTANBUL - 23.06.2014 18:40:09

Turkish entrepreneurs are invited to capitalize on a number of attractive investment opportunities in sectors ranging from energy to health in New Hampshire, the US state's governor, Maggie Hassan, told reporters in İstanbul on Monday.

Hassan was in town to participate in a trade and investment conference organized by the Turkish Confederation of Businessmen and Industrialists (TUSKON) and met with Turkish businesspeople to discuss potential partnerships in separate fields.

Hassan cited energy, defense, health and tourism as some of the key investment fields that offer opportunities for foreign entrepreneurs in New Hampshire, adding that the tax rates in this state are relatively lower compared to other US states. Underlining that mutual trade between Turkey and the US has gradually increased, Hassan said they would focus on cementing Turkish trade ties with New Hampshire in particular. The governor suggested that Turkish investors and New Hampshire-based companies increase dialogue for potential partnerships in the future. She said Turkish businesspeople could fly directly from İstanbul to Boston, from where New Hampshire is only one hour away.

Also speaking at the same meeting in İstanbul, TUSKON President Rızanur Meral said mutual trade volume with the US has reached $19 billion and that $6.5 billion of this is Turkish exports to this country. Meral said TUSKON encourages Turkish firms to explore investment opportunities, especially in the field of research and development (R&D) and innovation in the US. “New Hampshire should serve as a prominent venue for Turkish business to get to know the US market. … The state has a gross domestic product [GDP] of $60 billion, bigger than some of Turkey's trade partners,” Meral emphasized.

(Cihan/Today's Zaman)

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