ARMENIANS READY TO INVEST MILLIONS IN TURKEY?
news.am
Sept 16 2010
Armenia
The permission for a liturgy at Surb Khach church on Akhtamar Island
in Van appears to match Turkey’s expectations. Zahir Kandasoglu,
Chairman of the Van Chamber of Commerce and Industry, reported that
Armenian and Turkish businessmen plan to implement three large-scale
investment projects in Van.
Kandasoglu reported that the businessmen plan to borrow ~@100m from a
U.S. bank to found an airline. “At the initial stage, we will purchase
two planes for Yerevan-Van flights,” he said.
Kandasoglu said that a representative of Armenia’s tourist industry
asked for land to construct a 5-star hotel in Van, which requires U.S.
$50m investments. “Our only aim is to create wealth by doing business.
The liturgy is one of the occasions. A few days ago I submitted my
report on my meetings in Yerevan and opening of the Armenian-Turkish
border to Turkish Premier Recep Erdogan. Our term is trade, which is
impossible with the border with Armenia closed. Armenia has a serious
market, and we cannot leave it unnoticed,” Kandasoglu said.
From: A. Papazian