Mehmet Kutman, Chairman of the Board of Global Investment Holding, made important statements in the program he participated in Bloomberg HT. Regarding its overseas activities for the port sector, he has announced that they will incorporate 4 ports in the Caribbean and 3 more ports in the Mediterranean basin to Global Investment Holding in 2022.
Kutman stated that they won the tender for Las Palmas cruise port in the Canary Islands, they will sign the concession contract within a month or two and added that they incorporated a relatively small port in Denmark to GYH.
Referring to the Galataport Cruise Port in his speech, Kutman said, “Galataport is a very beautiful and successful project. However, there is not enough cruise infrastructure unfortunately. Even if there is such an infrastructure, you cannot put a big ship in front of a hotel that you sell for 3 thousand euros per night. The cruise port needs to be developed. Ministries are also working on this issue. Unfortunately we are quite late. For example, the port of Piraeus in Greece currently hosts 1.5 million passengers.”
Kutman, for the economic impact of the new Samatya Cruise Port, “It is around 1 billion dollars in the first year. At the end of the 5th year, it will be around 5 billion dollars. It’s a very important project. You can close 10 percent of the current account deficit thanks to a cruise port.” Kutman also stated that they postponed their port debts for 5 years.