Ulsan Holding's Chairman, Fatih Gulsun, has urged Turkish business leaders to expand their investments in Africa, emphasizing the continent's vast potential across multiple sectors. In an interview with Anadolu Agency, Gulsun highlighted the company's ongoing investments in defense, mining, and energy in several African countries, showcasing their commitment to the region's growth.
The company's activities in Africa are diverse and promising. In the Democratic Republic of Congo, Ulsan Holding is set to commence iron ore production in 2026, while in Botswana, they are involved in large-scale mining partnerships, extracting uranium, rare earth elements, and platinum group metals. Additionally, the company is exploring energy investments in the country.
Gulsun believes that Africa is the continent of the future, with substantial investment gaps that can yield strong returns. He stated, 'I believe Africa is the continent of the future. There are many areas with room for investment, and I think we need to help fill those gaps.' This sentiment underscores the potential for significant financial gains in the region.
Despite their focus on Africa, Ulsan Holding also operates in other countries, but their primary goal is to expand major projects within Türkiye. Gulsun expressed their intention to partner with major investors to bring large-scale investments to their home country, emphasizing the importance of domestic growth.
The call for increased Turkish engagement in Africa is a significant development, as it highlights the country's potential to become a key player in the continent's economic growth. With Ulsan Holding's leadership and vision, the future of Turkish-African business relations looks promising, offering opportunities for mutual growth and prosperity.
