All eyes are currently on Turkey, as it rebuilds its strong pre-pandemic economy and lures manufacturers fed up with China’s outrageous shipping prices and economic embargo. Its location is ideal, at the nexus of the eastern world, and Uğur Akkuş, the Founder and CEO of A&S Investment Holding Company, foresees great things in Turkey’s future.
As the leader of a company whose multimillion-dollar portfolio includes assets in manufacturing, export, finance, construction, and communications, Akkuş’ time is precious. Still, he is passionate about educating the rest of the world about Turkey’s status and his plans for his country and his company.
2022 Predicted to be Huge Year Investments in Turkey
Akkuş reveals that the Turkish people are enthusiastic about 2022. “We are seeing a lot of foreign countries come here because they are recognizing the advantages of doing business here,” he says. “First, China’s dominance of the manufacturing sector is done. Because of the economic embargo on China, major corporations are coming here. Shipping costs have also risen because China closed its borders due to COVID; a container that used to ship for $2,500 now ships for $12,500. Really, Turkey is the perfect solution. Our location means we are right at the crossroads of Europe, the Middle East, Asia, and even Africa, if you think about it. Whichever direction you go, you will find an important market within only hours.”
Akkuş explains that he thinks 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. “As that happens, Turkey will see more businesses grow across industries, and I am guiding A&S Investment Holding Company to be there when that happens.”
The Ukraine/Russia war, Akkuş reveals, is also affecting the region, as many Ukrainian refugees flee to Turkey. “We are doing what we can to help them, and we are keeping a close eye on the conflict and its possible implications for Turkey and the region,” he says. “We want to be ready to step in and help with the reconstruction of Ukraine when the war stops, so we are developing projects that will support the rebuilding of its food, textiles, and construction industries.”
A&S Dedicated to Fighting COVID-19
Akkuş says that A&S Investment Holding Company has been working hard even during the pandemic to continue the efforts to develop Turkey. “We didn’t stop just because the coronavirus arrived. Instead, we looked down the road and envisioned where we wanted Turkey to be when the pandemic ended: strong and able to capitalize on an educated, cultured workforce. I met with my own employees and cast a vision for 2022 and the coming years: to use A&S Investment Holding Company to help Turkey to become the economic powerhouse I believe it is destined to become.”
In fact, A&S dedicated its resources to fighting the pandemic, creating Turkey’s largest mask production facility right in Istanbul in 2020. This had the added benefit of helping to bring more jobs at a crucial time. Then in 2021, when doctors and other medical professionals were begging for more personal protection equipment, A&S met that need and even exported much-needed equipment overseas.
Digital Revolution Led by A&S Investment Holding Company
Akkuş says that as Turkey continues to grow in prominence in the region, the key to it leading economically 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 Company 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 beginning of June.”
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.”
What to Know About Uğur Akkuş & A&S Investment Holding Company
Akkuş is a third-generation businessman who started A&S Investment Holding Company with the aims of investing in commercial sectors with high-profit potential and of achieving sustainable and stable growth within targeted periods. His dedication to his company and Turkey as well as his reputation in the industry have led him to be awarded the Best Businessman Award 2022 and Best CEO of 2022.
“I can’t tell you how happy I am about this,” Akkuş says, smiling. “These are public awards and I had some tough competition, so just to be nominated was a tremendous honor. I’d like to dedicate the awards to my family, without whom I would not be here today.”
The awards come after years of hard work. He began his education at Bilkent University, in the Department of Political Science and Public Administration, and continued his education in Germany, at Essen-Duisburg University. He is fluent in English, German, French and Arabic. Post-education he went into business, serving 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 credits his success to lessons learned at home: “Business is in my family’s blood. 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 Company, 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 Company will make Turkey even stronger for generations to come.”
A&S Investment Holding Company: Dedicated to Turkey’s Bright Future
While Akkuş is pleased by the awards, and with his company’s progress in multiple sectors, he isn’t ready to slow down. He continues to meet with business leaders across industries in Turkey to learn what they need and how A&S Investment Holding can support them. “It’s an exciting time to invest in Turkey,” he says. “The country is growing, and our workforce is ready to show you what they can do. Watch for what happens in 2022 – you’re going to see some incredible advancements coming from Turkey that will change the world.”
For more information on Uğur Akkuş, 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
Phone: 0212 801 48 64