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Denmark wants to increase global cooperation in construction with Turkey

Thierry Hoppe Denmark's Consul General in Istanbul stated that they want to increase global cooperation with Turkey in the field of construction, "We are in important cooperation with the Turkish Contractors Association. Turkey is building many places in the world." said.

Denmark wants to increase global cooperation in construction with Turkey

Hoppe, in his statement said that they want to bring the cooperation between Turkey and Denmark especially in Africa and Central Asia to better levels at the global level.

Noting that there is a balanced trade between the two countries, Hoppe stated that Turkey exports goods to Denmark and Denmark exports services to Turkey, adding, "When the trade between the two countries is balanced, it becomes more healthy and sustainable. Last year, the electric 200-kilometer high-speed train The Bandırma-Bursa-Yenişehir-Osmaneli line, which is the route of Bandırma-Bursa-Yenişehir-Osmaneli, was built by Kalyon Holding. Most of the finance was provided by the Swedish and Danish financial circles. This was also the largest foreign loan provided by Denmark. At the same time, towards the end of June, in partnership with TMB in other countries We will bring together the investors and stakeholders of the two countries in order to increase the cooperation between Denmark and Turkey in the engineering, procurement and construction projects carried out. Turkey is building many places in the world." used the phrases.

Hoppe underlined that according to the Danish Statistical Institute, Denmark's investment in Turkey is 6 billion Danish kroner (approximately 840 million dollars), while Turkey's investment in Denmark is approximately 200 million Danish kroner.

Underlining that 46 thousand people work full-time in Danish companies in Turkey and this is extremely important, Hoppe said, "Companies such as DFDS, Maersk, Danfoss, ISS are the leading companies investing in Turkey. In addition, DFDS, Ekol Logistics" took some of it." said.

Noting that the Danish-based retail company JYSK, which sells household goods such as furniture and interior decoration, will most likely enter the Turkish market next year, Hoppe stated that the company had previously planned to invest in the Turkish market under normal conditions, but postponed it many times due to Kovid-19.

Hoppe also noted that with the acquisition of Göztepe Sports Club by a Danish sports management company, there will be a first in Turkish football.

"The trade volume between Denmark and Turkey is more than 3 billion euros"

Thierry Hoppe stated that Denmark mostly imports clothes and textile products from Turkey and continued his words as follows:

Textile is a sector in which we work. We work with Danish companies one by one. Denmark imports textile products from all over the world. Now, companies are asking if there are other places where we can import as an alternative, such as Turkey, where prices and delivery times are becoming more and more competitive."

Hoppe stated that there is a logistics problem in the world and that logistics prices have risen globally, "For this reason, Danish companies can bring products from Turkey faster and at more competitive prices. Turkey becomes more relevant and competitive in the common market. Companies are always close. It takes 3 hours from Copenhagen to Istanbul. Danish companies can visit Turkish suppliers very easily. It's a big deal to go to China, you have to quarantine for a few weeks when you get there. You can't work with suppliers in China this way. How much would you cost if you made a contract? You can't predict the future. Companies want suppliers that take quick action. Turkey has the capacity in this regard." made its assessment.

Stating that the trade volume between Denmark and Turkey was 23 billion Danish kroner last year, Hoppe said, "This figure is more than 3 billion euros. This is a very important figure, but it could be more. Turkey is the 20th largest economy in the world and is very close to Denmark. "Turkey is a very important country for Denmark in terms of trade. This needs to be developed even more." he said.

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