clear

Creating new perspectives since 2009

Turkish Construction Company opens branch in Dubai

December 15, 2021 at 6:47 pm

The Turkish company, Folkart, announced the opening of its first office outside Turkey, in Dubai, UAE. The company held a “friendship and introduction” party in Dubai [

Turkish construction company, Folkart, currently working to set up branches in Berlin and Cologne, has now opened its very first foreign branch in Dubai, Anadolu News Agency reports.

At an introduction event in the Gulf Emirate, the firm invited local investors to cooperate and make investments in Izmir, in Turkey’s Aegean region.

Leading Dubai investor families Al Maktum, Ghurair, Al Futtaim, Al Habtoor and Al Tayer took part in the event.

Also taking part were Cem Mengi, the Head of Turkish holding Saya Grup – Folkart’s owner – Mesut Sancak, Folkart’s Chairman, Metin Sancak, Folkart’s General Manager, and Ozgur Kaya, Idris Demirhan, and Mohamed Julfar, Folkart’s partners in Dubai.

READ: US ready to move ahead with F-35 jet sale to UAE

Mengi said at the event that stronger cooperation between the United Arab Emirates (UAE) and Turkey will bring new contributions to both countries.

Mengi also stressed that the Saya Grup is active in various sectors such as medicine (Pharmactive Ilac), energy (Volt Elektrik), and technology (Volt Teknoloji).

The Turkish company, Folkart, announced the opening of its first office outside Turkey, in Dubai, UAE. The company held a "friendship and introduction" party in Dubai [Folkart Yapı/Anadolu Agency]

The Turkish company, Folkart, announced the opening of its first office outside Turkey, in Dubai, UAE. The company held a “friendship and introduction” party in Dubai
[Folkart Yapı/Anadolu Agency]

The group has built pharmaceutical production facilities, engine factories, technology and innovation organisations for a better life, said Mengi, adding that his firm will step up its moves in the months to come, especially in green transformation, inclusiveness, solidarity, the environment, science and technology.

Mesut Sancak said that Folkart is aware of sustainable innovation and provides high added value to its investors in every project by constructing environmentally friendly, advanced technology with universal structures.

Touting Izmir, where Folkart is active, he explained to investors Izmir’s economic opportunities, air and land transportation facilities, and the city’s position as Turkey’s western gateway.

READ: Turkish Foreign Minister meets businesspeople in Dubai

Izmir, boasting five technology development zones, 16 organised industrial zones and three free zones, is an ideal environment for investors, he added.

Metin Sancak said Folkart is Izmir’s largest building firm, having so far completed 16 projects and currently carrying out eight different projects.

The firm’s completed and ongoing projects are worth more than 25 billion Turkish liras ($1.7 billion), he stressed.