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ANKARA: Sikorsky considers investing in Turkey to produce helicopter

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  • ANKARA: Sikorsky considers investing in Turkey to produce helicopter

    Today's Zaman, Turkey
    May 22 2010


    Sikorsky considers investing in Turkey to produce helicopters

    Foreign Trade Minister Zafer Ã?aÄ?layan said Friday in the US capital of
    Washington that the United Technologies Corporation (UTC), a US
    company that invests in fields from aerospace to air conditioning,
    said they have considered investing in Turkey in the aircraft supply
    industry along with helicopter manufacturing. United Technologies is
    the owner of aircraft manufacturer Sikorsky.

    Ã?aÄ?layan was in the US to participate in a series of meetings which
    were arranged following the establishment of a working group made up
    of two ministers from each country during Prime Minister Recep Tayyip
    ErdoÄ?an's recent visit to the US. `For example, they told us they were
    expecting to manufacture jet engines in Turkey; they are also keen to
    establish an aerospace infrastructure.' Ã?aÄ?layan said UTC could
    manufacture Sikorsky helicopters in Turkey and then export them to the
    surrounding markets.

    Turkey to foster trade ties with US via Native Americans

    Meanwhile, the government expects to strengthen economic relations
    with the US with new investment projects to be jointly carried out
    with Native American entrepreneurs. The government's brand new
    initiative, which was brought to the agenda during Ã?aÄ?layan's recent
    visit to the US capital, foresees joint projects with Native American
    businesspeople, particularly in the fields of mining and
    infrastructure, in locations with large Native American populations,
    such as Arizona. Native American students will be provided with
    bursaries for Turkish schools as a first step to branching out further
    in the world's number one market.

    The project is being promoted by the Turkish Coalition of America
    (TCA), a Washington-based civil society organization. Turkish
    entrepreneurs in the US will also encourage Native American students
    to study in Turkey. The project also envisages sending
    Armenian-Americans to Turkey for educational purposes as part of
    efforts to normalize relations. Turkey and Armenia have remained at
    odds over claims of a so-called Armenian genocide at the hands of the
    Ottoman Empire during World War I.

    Minister Ã?aÄ?layan told Today's Zaman he has assigned officials from
    the ministry to work on the Native American project to seek possible
    joint investment opportunities. `We have learned that these people are
    active particularly in the fields of mining, construction and
    infrastructure in the US. Such potential is worth focusing on,' he
    said. Ã?aÄ?layan said the project will provide the opportunity for
    Native American students `to learn more about Turkey, be educated in
    Turkey, speak Turkish and lay the groundwork for future ties.'



    22 May 2010, Saturday
    Ã-MER Å?AHIN WASHINGTON
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