LOS ANGLES, CA / ACCESSWIRE / February 2, 2022 / As nations recover from the havoc caused by the coronavirus, all eyes are on Turkey, the 13th largest economy in the world and the fifth largest in Europe. While the country initially struggled during the worst of the epidemic, it is expected to bounce back in 2022 because of a number of favorable circumstances, including its young, educated workforce; its growth in factories and production; and its expertise in IT, a hot field due to the increasing global shift to digital technology. One man who is at the center of Turkey's rapid development is Uğur Akkuş, the Founder and CEO of A&S Investment Holding Company. Akkuş manages a portfolio of companies that operate in construction, real estate development and sales, banking and finance, investment consulting, energy, manufacturing, export, tourism, and media and communications. We sat down with Akkuş to get his thoughts on what 2022 may bring Turkey and how A&S Investment Holding Company will play a role.
Why A&S Investment Holding Company and Turkey Are Poised for Success in 2022
"2022 will be the ‘Year of Investment in Turkey,'" Akkuş says. "One reason is the economic embargo imposed on China. We are already seeing that because of it, Turkey is fast-becoming an alternative production location for both America and Europe. Really, I am surprised this didn't happen sooner. After all, look at Turkey's location: we are a geographic bridge between Europe and the Middle East and only a short, four-hour flight from major cities, so it only makes sense that companies are turning to us for their manufacturing aims."
Akkuş states that within the country, A&S Investment Holding has found success because its efforts to continue to develop Turkey have been strengthened by a modern population. "We are investing so widely because we see that the time is right," he explains. "In addition to being educated, our workforce is connected to the Internet and well-traveled. They are also very used to foreigners and different cultures, as we see millions of tourists each year. I believe that Turkey's modern people are the reason A&S Investment Holding has been able to help develop the country."
Akkuş continues by saying that his company is ready to continue to achieve its business goals because he has positioned it to capitalize on what he believes will happen in the region.
"I think that because of the political and economic turmoil in the Middle East and North Africa, there will be an inevitable transfer of wealth to Turkey over the next decade," he states. "As that happens, Turkey will see more businesses grow across industries, and I am guiding A&S Investment Holding to be there when that happens."
How A&S Investment Holding Will Help Turkey Be Leaders in the Digital Revolution
Key to Turkey leading economically, Akkuş says, will be the contributions that it will make to the digital revolution. "Digitalization is inevitable and will bring exciting developments to the country and the world. This is why A&S Investment Holding plans to activate our digital money stock exchange, Bitmoneycoin.com. We plan to launch this in the United States and around the world at the end of February."
He explains that it will be Turkey's first local and national blockchain cryptocurrency. "It will lead to commission discounts, airdrop campaigns, new ICO processes, and trading competitions."
Akkuş reveals that Bitmoneycoin.com, through the company's Ascoin Invest Program, will also be used to sponsor relevant departments that are working on blockchain technology. "We are very happy about this because it will have the potential to provide financing for the projects of young entrepreneurs. I am pleased that Bitmoneycoin.com will contribute to Turkey being able to provide unprecedented opportunities for more people."
About Uğur Akkuş and A&S Investment Holding Company
Akkuş is a third-generation businessman who started A&S Investment Holding with the aims of investing in commercial sectors with high profit potential and of achieving sustainable and stable growth within targeted periods.
Akkuş attended Bilkent University and Essen-Duisburg University in Germany before going into business. He then worked as Vice-Chairman of Kuwait Business Council and the Foreign Economic Relations Board and was Vice-President of Saudi Arabia Business Council. He was also a High Advisory Board Member for the Turkish American Business Association and was the founding member and board member of KUVİD Association. He is fluent in English, German, French and Arabic and sees business as his way to give back to his country and the world.
"Business is in my family's blood," he says, "and in forming my company, I used everything I learned from my father and grandfather about domestic and international trade as well as my own experiences and capital. The result is A&S Investment Holding, which supports all of its subsidiaries in terms of operations management, corporate governance, and finances. We continue to bring more businesses into our portfolio based on the principles of quality, value, service, and excellence, and it is my goal that A&S Investment Holding will make Turkey even stronger for generations to come."
A&S Investment Holding and the Future of Development in Turkey
Before the pandemic, Turkey was often mentioned as having one of the strongest economies in the region. Now, as nations continue to throw off the effects of COVID, Turkey seems set to do its part to take the world in a stronger direction, one that includes innovative digital technology. It seems very likely that A&S Investment Holding and Uğur Akkuş will be at the forefront of it.
For more information on Uğur Akkuş and A&S Investment Holding Company and their work to help develop Turkey into a global economic leader, please visit the company's website or contact:
A&S Investment Holding Company
Email: [email protected]
Phone: 0212 801 48 64
SOURCE: Ugur Akkus and A&S Investment Holding Company