TPT July 2008

I ndustry N ews

Boru 2009 set to build on Turkey ’ s industrial bedrock

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This year’s event was the first to receive official support from the International Tube Association

Boru 2008 – Turkey’s 4 th international tube, pipe, fittings and machinery fair – achieved considerable success at the end of March with 178 exhibitors from 23 countries in a space of 11,300m 2 . A high number of foreign exhibitors were present at Boru 2008, with 46 companies from 23 countries. Held at the Istanbul Expo Centre (IDTM), the four-day event welcomed 21,198 visitors from 31 countries – a big increase compared

with the inaugural show in 2005. This year’s event, again organised by Ihlas Fuar, was the first to receive official support from the International Tube Association (ITA). The success of Boru is indicative of the economic and market growth in Turkey, which has become an important part of the global tube and pipe industry. The event is targeted at a broad market including the Balkans, eastern Europe, North Africa, Middle East, Russia, Ukraine, and the Turkic Republics.

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In recent years, Turkey’s home market has displayed an impressive GDP (gross domestic product) growth rate with an estimated 5.1 per cent in 2007, and an annual average of 5 per cent since 2005. Recent data from industry research specialists indicates that Turkey’s tube and pipe imports/exports increased significantly in 2007, particularly in the energy sector. The Turkish government has already announced the construction of a new nuclear power plant, due for completion in 2013, which will be the third biggest in the world with this capacity. Foreign direct investment in Turkey is currently in the region of US$80 billion. Boru features the latest in ferrous and non-ferrous tube and pipe products and suppliers, plastic and composite tube and pipe, product and component suppliers, production and manufacturing equipment, processing and finishing machinery, lubricants and coatings, and plants, dies, tools and accessories. With success set to continue, the dates for the next Boru have already been confirmed

 (Below) the ribbon is cut to open Boru 2008, which welcomed 178 exhibitors; and (bottom) Istanbul, the host city of Boru

Turkey has a huge domestic market of 71 million and an increasing consumer spending power, and holds a unique strategic position between Asia and Europe. In particular, the Turkish market is very important to the Middle East, Gulf states and CIS markets, and caters to both well- established and growing companies.

as 5-8 March 2009. Ihlas Fuar – Turkey Fax : +90 212 454 2506 Email : info@ihlasfuar.com Website : www.ihlasfuar.com

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J uly 2008

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