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Turkey-based Egyptian real estate company slashes prices, calls for using domestic materials

The company also decided to stop using imported products, calling on all firms to instead procure domestic building materials and equipment in their construction projects

13:08 - 1/01/2022 samedi
Yeni Şafak
File photo
File photo

Heeding the call of President Recep Tayyip Erdoğan to lower prices, Turkey-based real estate company Motaman İnşaat launched a sales campaign offering a 25% discount to all its customers. 


The company also decided to stop using imported products, calling on all firms to instead procure domestic building materials and equipment in their construction projects.



Speaking to Yeni Şafak daily about the campaign, Motaman İnşaat Chairman of the Board Dr. Ahmed Matar emphasized that they decided to offer a 25 percent discount in 2022 on all apartments, shops and real estate properties built by the company. 


Pointing out that this discount amounts a 10 percent in 2021 prices, Ahmed Matar said that these decisions were taken to ensure that the company contributes to lowering inflation and helps attract foreign investment.


CALLS ON ALL COMPANIES TO OFFER DISCOUNTS


President of the Economic Planning Association Dr. Ahmed Matar

Matar, who also serves as the President of the Economic Planning Association, stated that they call on all firms of the group, which boasts 170 members, to launch discount campaigns and rely on domestic products. 


Matar called on all Turkish companies to follow their lead by lowering their prices and procuring domestic products in lieu of imported ones. 


"We call on all Turkish companies that we regard as brothers to take the same decisions we did," Matar concluded.

#Turkey
#Discount
#Domestic Supples
#Inflation
#Motaman İnşaat
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