06.12.2016 Ankara
Speaking at the partnership agreement ceremony between MADO Yasar Ice Cream and Food Products Co. Inc., Venture Capital Bank and Al Sraiya Holding, TOBB President M. Rifat Hisarcıklıoğlu said that investors in Turkey would never lose. While Hisarcıklıoğlu urged entrepreneurs in Turkey to brand local values, to open up to the world; he invited foreign investors to invest in Turkey.
Hisarcıklıoğlu said during
the agreement ceremony, “There is actually a very powerful message to two
parties on this table. First,
entrepreneurs in Turkey: There are thousands of local values in our geography similar
to the Kahramanmaras ice cream. Each city has its own great brand values. They
are all candidates to become a MADO, a candidate to become a world brand. Here
is an sample of what they can come up with if they take the right steps. Take
MADO as an example. The second message is for investors, especially investors
abroad: Regardless of global conditions, Turkey is always a safe haven. Those
who invest in Turkey always win. Because our entrepreneurs adapt very rapidly
to change and they can overcome troubling periods very quickly. If you want to profit,
come and do so; we have nothing against it. For this reason, I invite all
investors to my country in this meaningful ceremony.”
The partnership
agreement between MADO Yasar Ice Cream and Food Products Co. Inc., Venture
Capital Bank and Al Sraiya Holding was signed at the TOBB Twin Towers on
December 6th, 2016, with the attendances of TOBB President Hisarcıklıoğlu
and Deputy Prime Minister Veysi Kaynak.
Also present at the
signing ceremony hosted by TOBB President M. Rifat Hisarcıklıoğlu, in addition
to Minister Kaynak and Hisarcıklıoğlu were CEO of Venture Capital Bank (VCBank)
Abdullatif Mohammed Janahi, Vice Chairman of Al Sraiya Holding Vice Chairman
Rashid Nasser Sraiya Al Kaabi and MADO Yasar Ice Cream and Food Products Co.
Inc. Chairman of the Board of Directors Mehmet Sait Kanbur.
-Efforts to increase
cooperation with Arab countries
Speaking at the
signing ceremony, Hisarcıklıoğlu pointed out that as TOBB, they have been working
to increase economic cooperation between Turkey and the Arab region for a long
time ago to increase bilateral investing and trade. Hisarcıklıoğlu said, “We
established very strong bilateral mechanisms with the chambers of Arab
countries and created regional platforms. We organized the first Turkey-Gulf
Business and Investment Forum in 2012 with the Federation of Chambers of the Gulf
Cooperation Council. Venture Capital Bank and Bank Alkhair, one of the parties
of that forum, has signed a 65%partnership agreement with Göknur Food, Turkey's
leading fruit juice concentrate producer. The second forum was held in Bahrain
last month. It was also very successful. 6 Gulf country and Turkish companies conducted
meetings with a combined volume of over 380mn USD today.
During the past week,
we took a historic step to move the economic relationship between us and Arab
geography to the next level. We, TOBB, established the Turkish-Arab Chamber
with the cooperation of the Arabic Chambers Confederation. We were together
with Rasheed Naser Al Kaabi at this table in the establishment of the Chamber. Following
close on the steps of that development, this important partnership agreement has
been signed.
We are happy to see
that all of our efforts are bearing fruit. It also raises our hopes for the
future, encouraging us to work harder. We will continue our efforts to enable
our companies to open up internationally and to attract investors.
- Deputy Prime Minister Veysi Kaynak
Deputy Prime Minister
Veysi Kaynak stated that the world is experiencing one of the biggest refugee migrations
after World War II and said, “60 million people have been displaced, 60 million
are homeless. Three million of them in are Turkey. The world’s interest may
change, technology may develop, but there is no alternative to food.”
Speaking at the
partnership agreement ceremony between MADO Yasar Ice Cream and Food Products
Co. Inc., Venture Capital Bank and Al Sraiya Holding, Kaynak said that it is
very important for dynamic institutions to form partnerships in Turkey while the
world is going through a great economic recession.
Mehmet Kanbur,
Chairman of MADO, stated that they tried to make the company an international
brand and a model for branding for entrepreneurs in Turkey to aspire to.
Abdullatif Janahi, Chief
Executive for Venture Capital Bank, pointed out that this is the bank’s third
largest investment in Turkey, “We will continue to focus on this market with a
promising economic future and solid. With the Turkish market becoming the
fastest growing market in Europe, it is a strategic position for the companies
in the food and beverage sector which we are confident of ourselves in and a
leap forward for growth in the global market.”