Textile and apparel industry players have found new grounds to invest finance - construction sector as preferred by many.
Sahinler Holding is to cash on the construction boom within the country and proposes to invest $250 million in Beylikdüzü, this year.
Even as the company aims to develop its textile and apparel industry, plans are afoot to invest $500 million in other sectors also, informed Kemal Sahin, CEO, Sahinler.
Another major textile stakeholding company Sarar sees high costs and low profit margins plaguing this industry sector of Turkey, hence does not plan any new venture in 2006 but expects to invest in hotel and holiday resort.
Meanwhile, Çalik Holding, CEO Ahmet Çalik says they will continue growth in textile, construction, energy and telecommunications dring this year.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
