Cablegate: No Objection to Sumahan Project

This record is a partial extract of the original cable. The full text of the original cable is not available.

100900Z Dec 04

UNCLAS ANKARA 006849

SIPDIS

DEPT FOR EUR/SE, EB/OIA
USDOC/ITA/MAC/DAVID DEFALCO
DEPT PASS OPIC FOR KENNETH ANGELL

E.O. 12958: N/A
TAGS: EINV ETRD TU
SUBJECT: No Objection to Sumahan Project

Ref: State 245883

1. Embassy has no derogatory information on equity
participants in the Sumahan hotel project.

2. Turkey is enjoying a record year in tourism, with 16.7
million foreign visitors (up 25 percent) in the first 11
months of 2004. Turkey's government expects to earn USD 13
billion in receipts from foreign tourism in 2004. Annual
tourism revenues are seen at $21 billion in three years
time.
Edelman

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