FNSS Saudi Arabia Factory

[Ottoman-Turk]

i dont think its investment in one go , or maybe by buying companies , how did sheikh mansour buy mancity and spend billions in england? also i would like the extension of hejaz railway to istanbul would really revive the area , great transport

 

[what]

Of course its not at once, but the initial statement was that the Saudis will invest that amount over 20 years in Turkey which would mean that they will double the FDI Turkey has right now over the span of 20 years. Still bullshit.

 

[Bubblegum Crisis]

Of course its not at once, but the initial statement was that the Saudis will invest that amount over 20 years in Turkey which would mean that they will double the FDI Turkey has right now over the span of 20 years. Still bullshit.

Of course! A little reading.

Warning sometimes, it's a bit complicated for small br…

Saudi Arabia plans to invest $600 billion in Turkey

By DINA AL-SHIBEEB
Friday, 29 April 2011

Saudi Arabia plans to invest $600 billion in Turkey’s agricultural and manufacturing sectors in the next 20 years, said the chief executive of the National Commercial Bank.

Abdul Kareem Abu Alnasr, whose bank is the biggest Saudi lender, said that his country’s exports represent about 76 percent of the total GCC exports to Turkey, dubbing the Anatolian country as an important trade partner.

He said trade between the two has reached $5.5 billion in 2008 up from $1.3 billion in 2002 boosted by the demographic of the two countries, as both have two-thirds of their populations below the age of 30.

Turkey’s GDP for the year 2015 is expected to be $1 trillion, which would make it the 17th biggest economy worldwide, while the Saudi GDP will be the 19th at roughly $700 billion. (If oil prices stay high, then Saudi Arabia’s GDP is likely to rise.)

Because of high oil prices Mr. Alnasr said that Saudi Arabia managed to lower its debt of 80 percent of its GDP in 2003 to 15 percent in 2010.

Saudi Arabia, like many of Gulf countries, needs to deal with the issue of food security, and its investment in Turkey’s agriculture and manufacturing is set to increase, Mr. Alnasr said.

“In the agriculture space, Turkey emerged as one of the top recipients of Saudi investment, as the kingdom seeks to boost its food security,” he said.

According to a recent presentation that Mr. Alnasr made at the Turkish-Saudi Economic Forum, Planet Food World Co. will invest $3 billion in Turkish agriculture in the next five years, with the aim of exporting food products to the Gulf region, according to Bloomberg News.

The strength of Turkey’s agriculture enabled exports of farm products to Saudi Arabia to increase from $90 million in 2008 to $144 million in 2009, according to Alnasr.

Turkey has shifted its foreign policy ever since the advent of the conservative party, AKP, in 2002. The party has started to look more toward the Middle East.


Al Arabiya

Saudi Arabia foresees $600 bln of investment in Turkey

LONDON – Bloomberg
4/27/2011 12:00:00 AM


Saudi Arabia foresees making investments of $600 billion in Turkey during the next 20 years, according to the chairman of the largest Saudi lender.

Saudi Arabia foresees making investments of $600 billion in Turkey during the next 20 years, according to Abdul Kareem Abu al-Nasr, the chairman of National Commercial Bank, the largest Saudi lender.

Investment in Turkey’s agriculture and manufacturing is set to increase, Abu al-Nasr said Wednesday in a presentation that was delivered in Turkey, a copy of which has been obtained by Bloomberg News.

“In the agriculture space, Turkey emerged as one of the top recipients of Saudi investment, as the kingdom seeks to boost its food security,” he said in the document.

Planet Food World will invest $3 billion in Turkish agriculture in the next five years, with the aim of exporting food products to the Gulf region, he added.

The strength of Turkey’s agriculture enabled exports of farm products to Saudi Arabia to increase from $90 million in 2008 to $144 million in 2009, according to Abu al-Nasr.


Hurriyet Daily News

Saudi Businessman to Invest $2 Billion in Turkey

Friday, 11 May 2012

Saudi businessman Mohammed Shaman al-Mugherah is set to invest 2 billion US dollars in northwestern of Bursa, in Turkey.

According to a released statement on Thursday, Saudi businessman al-Mugherah applied for a land allocation to the Governorship of Bursa.

Al-Mugherah requested one million square meters land to build an enormous complex and thermal resorts and 100,000 square meters to construct an automotive spare parts factory.

Sahabettin Harput, the Governor of Bursa, said that there were plenty of foreign companies planning to make investments in Bursa.

We will release the development to the public in the coming days. All those kind of investments are beneficial for Bursa's economy, stated Governor Harput.


Turkish Weekly

Saudi firm to invest US$1 billion in Turkish polypropylene plant



Tuesday, 08 May 2012 09:18

Saudi’s Advanced Petrochemical Company and Turkish petrochemical trading firm Bayegan Group have agreed to jointly invest in building a Propane Dehydrogenation (PDH) and Polypropylene (PP) plant in southern Turkey

After signing a MoU, Bayegan's chairman Ercument Bayegan stated that the firm would establish the plant jointly with Advanced Petrochemical with a US$1 billion investment.

The project will not only include the construction of a state-of-the-art PDH-PP plant, but will also include the building of port facilities.

Construction is expected to start in the second quarter of 2013 and is scheduled to be completed by the fourth quarter of 2015.

The plant will have an annual capacity of 500,000 tonnes and will supply up to one third of the annual polypropylene needs of Turkey.

The plant will produce polypropylene from propane gas, which will be bought from producers in the Middle East and transported to Turkey by tanker.

This deal marks Advanced Petrochemical’s first overseas investment and is part of the firm’s wider growth strategy in the region, according to the company’s chairman Khalifa Abdullatif Al Mulhem.

Advanced Petrochemical will hold 70 per cent of the equity in the new venture with Bayegan holding the remaining 30 per cent.

The finance sector and investment banking.

King Abdullah Financial District, Riyadh

GCC future “Bank Central” (King Abdullah Financial District, Riyadh)




Bonus… ^^

King Abdullah Financial District, Riyadh
May 2012




See the top of the picture




and finally...


The Saudi-Turkish Investment Forum 2011

Link download “The Saudi-Turkish Investment Forum 2011” doc in PDF:

Download Doc 1.pdf from Sendspace.com - send big files the easy way

 

[what]

The first article say 600bln over 20 years. That means 30bln p.a., we're receiving currently 17-18bln FDI per year. Is that realistic? No its not, its propadanda.

 

[Bubblegum Crisis]

Yes! It's a monstrous propaganda.


Like that…

Translation help?

"Google Translate"

Link: Google Translate

KSA - King Abdullah University of Science and Technology (KAUST)

http://www.defence.pk/forums/milita...llah-university-science-technology-kaust.html

http://www.defence.pk/forums/milita...ah-university-science-technology-kaust-2.html


Or that…

Translation help?

"Google Translate"

Link:Google Translate

http://www.defence.pk/forums/world-...ink-nuclear-cooperation-pact.html#post2731651

http://www.defence.pk/forums/world-...ink-nuclear-cooperation-pact.html#post2731694

http://www.defence.pk/forums/world-...ink-nuclear-cooperation-pact.html#post2731727

http://www.defence.pk/forums/world-...ink-nuclear-cooperation-pact.html#post2786204


Continuation...

http://www.defence.pk/forums/irania...ill-join-nuclear-arms-race-4.html#post2883413


http://www.defence.pk/forums/world-affairs/173664-ksa-south-korea-unite-solar-energy.html

http://www.defence.pk/forums/world-...es-109bn-plan-solar-industry.html#post2939352

http://www.defence.pk/forums/milita...2917-ksa-kingdom-make-cars-gulf-n-africa.html


Air hub transport giant for boost vertiginously the business of KSA country...

http://www.defence.pk/forums/world-affairs/183833-saudi-arabian-airlines-now-known-saudia-joins-skyteam-adds-35-dest.html



Or yet that. With our other brothers GCC…

Translation help?

"Google Translate"

Link:Google Translate

http://www.defence.pk/forums/milita...ar-science-technology-park-qstp-part-1-a.html

http://www.defence.pk/forums/milita...ar-science-technology-park-qstp-part-2-a.html

http://www.defence.pk/forums/milita...6647-qatar-sidra-medical-research-center.html

 

[Bubblegum Crisis]

I simply stated, that those numbers are not realistic, this was his reaction:

Tell me who was provoking. As a matter of fact those numbers are not realistic and propaganda and I might could have reacted a bit more mature, but I cant help myself and mock Saudis from time to time.

Bullshit of the highest degree. Turkey received 17 billion dollar FDI in 2011, do the maths. Saudi Arabia will not invest 400 bln in Turkey.

Of course its not at once, but the initial statement was that the Saudis will invest that amount over 20 years in Turkey which would mean that they will double the FDI Turkey has right now over the span of 20 years. Still bullshit.

The first article say 600bln over 20 years. That means 30bln p.a., we're receiving currently 17-18bln FDI per year. Is that realistic? No its not, its propadanda.

Now for the brain part:

Why dont you go and do something you're good at like jailing women for driving cars?

......................................

I simply stated, that those numbers are not realistic, this was his reaction:

Tell me who was provoking. As a matter of fact those numbers are not realistic and propaganda and I might could have reacted a bit more mature, but I cant help myself and mock Saudis from time to time.

A common position carefully reflected “the two governments”. We are not totally crazy. Because we are “genetically deficient Arab”.

If this is the position is “supposedly false” so we are two. Turkey and KSA. Ok.


The Saudi-Turkish Investment Forum 2011

Link download “The Saudi-Turkish Investment Forum 2011” doc in PDF:

Download Doc 1.pdf from Sendspace.com - send big files the easy way

 

[Abu Zolfiqar]

there's another company in Turkiye that makes similar products -- Nurol. I have friends working for them - mostly technical, some on the sales side.

FNSS is also making some impressive mil vehicles.....

these are pictures I snapped @ IDEF in Istanbul

they make the 8x8x8 ''pars'' armoured/amphib. vehicle as well as the ''akici'' apc



would be interesting to see how hold up to the sandy, barren, hot/dry Saudi climate....

good to see the good old M113s also...its an old design but still in use in many countries.

Pakistan's H.I.T. is producing M113 chassis armoured vehicles also (which are modified locally -tranny as well as guns); we exported some to the Iraqi army a few years back

 

[Luffy 500]

It will take time for KSA to develop an industrial base but with proper policy in place it should be
one of the most industrilized countries on earth considering the fact that they have petrodollars. People often look down on KSA but KSA does have some decent industrial base like Petrochemical refining, plastics and food stuffs. Industrilization is the only way for KSA considering the fact that they don't have a large no. population for labor intensive growth and that leaves them with capital intensive growth and KSA have the money for that. I wish KSA to be a major industiral state in the future.

 

[Mosamania]

 

[AtillaHun]

its joint factory ? from saudi can export to all of neighbouring countries.

nice work , also otokar factory would be fabolous.

 

[madmusti]

 

[BLACKEAGLE]

 

[Seyfullah]

Can anyone explain how is this Anti-Armour vehicle operates? What makes it anti-tank as it stays on the photo?

 

[madmusti]

 

[u.MP]

Can anyone explain how is this Anti-Armour vehicle operates? What makes it anti-tank as it stays on the photo?

I think there is a turret for Anti-Tank missiles, but there arent any missiles on the picture itself.