Turkey is crossroad between Europe & Asia for Japan, says Yoichi Kanno
06 Apr '06
3 min read
A Japanese company is also currently working on the construction of a tunnel beneath the Bosporus, supported by financing from Japanese public funds. Furthermore, the Second Bosporus Bridge, which has become a symbol of Istanbul and about 40 percent of the thermoelectric power generation capacity of the Turkish state-owned electric power company were built by Japanese companies and funded by Japanese capital.
Moreover, it seems that the other countries of East Asia are positioning Turkey as an important country within their international strategies. China is exporting consumer goods to Turkey, such as competitively priced textile products and air conditioners, and recently it undertook the export of heavy machineries and power generation equipment as well.
Also, with respect to the securing of energy resources in Central Asia, China is now extremely aggressive in securing gas and crude oil and taking various measures in rapid concession and is in competition with Russia and Western countries who wish to transport crude oil and gas to the West via Turkey and through the Bosporus.
The government and the private sector in the Republic of Korea (ROK) are working hand-in-hand in their attempts to make inroads into Turkey. The ROK's leading carmaker has established a Turkish production base, and companies of the ROK are positively engaged in the railway sector, too.
It is essential that the Japanese people should fully aware of the strategic importance of Turkey, which stands at the crossroads between Europe and Asia.
Those who are working in Turkey are trying to develop businesses that can make a positive contribution to the Turkish economy by introducing Japanese advanced technology and capital so as to strengthen further the ties between our two nations.
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