For additional questions or information, please contact Ex-Im Bank Business Development Staff Mr. Brian Sant Angelo Director, Turkey E-Mail: brian.santangelo@exim.gov Phone : 202-565-3484 Commercial Service Office (Turkish) http://www.export.gov/turkey Commercial Service Office (English) http://www.export.gov/turkey U.S. Embassy in the Country (Eng) http://turkey.usembassy.gov U.S. Embassy in the Country (Turkish) http://turkish.turkey. usembassy.gov/ Country Embassy in U.S. http://www.washington. emb.mfa.gov.tr

Export-Import Bank Support for U.S. Exports to Turkey

“President Obama's successful visit to Ankara in April 2009 encouraged closer cooperation in our bilateral commercial relationship, and U.S. Ex-Im is pleased to support these efforts under the U.S.-Turkey Framework for Strategic Economic and Commercial Cooperation. We look forward to more mutually beneficial transactions with Turkey.” – Fred Hochberg, Chairman, Export-Import Bank of the U.S.

Turkey is the strongest economy in emerging Europe and is well positioned to register steady growth of 3 -4 % p.a. over the next five years.  In addition to the electric power and transportation infrastructure, other areas of growth include renewable energy, agribusiness and media/telecommunications, all of which represent excellent opportunities for U.S. exporters.

Success Stories

1. Çerkezköy, Tekirdağ: Chinook Sciences LLC, a small business located in Cranford, N.J., sold equipment and technology to build an innovative plant that recycles metal and in the process recovers gas and produces electricity.  The Turkish buyer, DT Metal Geri Kazanim Teknolojileri Sanayi ve Ticaret AS, was able to make the purchase with the help of a $10 million medium-term loan guarantee from the Export-Import Bank of the United States.

2. Samsun Region: The Export-Import Bank of the United States (Ex-Im Bank) approved a $104.8 million loan guarantee to support the sale by GE Energy, Houston, Tex., of power generating equipment and services for a new plant in the Samsun region of northern Turkey.  Cengiz Enerji Sanayi Ve Ticaret A.S. (Cengiz Enerji) purchased two GE LMS100 aero-derivative gas turbine generator packages to build a 240 megawatt combined cycle gas-fired power project. 

3. Istanbul:  The Municipality of Istanbul was able to purchase 55 high-technology firefighting vehicles with the help of a $39 million loan guarantee from the Export-Import Bank of the United States.  DMK International, LLC, a five-employee engineering services firm in Macomb, Michigan, was the primary exporter on the transaction. Two other small businesses - General Purpose Vehicles LLC, New Haven, Michigan, and Ferrara Fire Apparatus Inc., Holden, Louisiana. - were suppliers on the sale.
   

4. Ankara: The Export-Import Bank of the United States (Ex-Im Bank) approved an $86.8 million loan guarantee to help General Motors Electro-Motive Division (GM-EMD), of LaGrange, Illinois, sell a large number of locomotive upgrade kits and related parts to the Turkish State Railways.  The transaction allowed Turkey to modernize its fleet of locomotives and maintain reliable rail service.