French
Russian
Turkish
Spain
Mehmet Cengiz, Chairman of Cengiz Holding, has embarked on a prestigious venture in Bodrum's Paradise Bay. In collaboration with the renowned jewelry brand Bulgari, this project will feature nearly 100 villas and a hotel, spreading over a 678,000 square meter plot acquired from the Privatization Administration.
Investments and Activities of Cengiz Holding
Mehmet Cengiz's early 2000s investments marked a significant milestone. Between 1990 and 2020, he poured a staggering $42.92 billion into nine major projects. These ventures underscore Cengiz Holding’s status as a leader in handling some of the world's most significant infrastructure endeavors.
Role in the Mining and Energy Sectors
Mining Sector:
Cengiz made impactful strides in mining, acquiring pivotal operations such as Eti Bakır's Küre and Samsun facilities, Eti Alüminyum, and ETİ Bakır’s Murgul operations. These acquisitions reflect his strategic foresight in the industry.
Energy Sector:
In the energy domain, Cengiz stands out prominently. As a partner in electricity distribution companies associated with TEDAŞ, he plays a substantial role in shaping the energy market, underlining his diverse business interests.
Contributions to Sports
Mehmet Cengiz’s influence extends into sports. As the Honorary President of Çaykur Rizespor, he has initiated many noteworthy projects. One remarkable endeavor is a sports facility in the Gündoğdu district of Rize named after him. His efforts in sports management emphasize his dedication and multifaceted achievements.
Frequently Asked Questions
What Kind of Project is Mehmet Cengiz Undertaking in Bodrum?
Mehmet Cengiz is developing an opulent project in Bodrum's Paradise Bay, featuring 100 villas and a luxury hotel in partnership with Bulgari. Known for its hotels in major cities like London, Dubai, Bali, and Paris, Bulgari plans to open its first Turkish hotel through this collaboration, raising anticipation for the project’s grand launch.
What Other Business Areas is Mehmet Cengiz Involved In?
As the founder of Cengiz Holding, Mehmet Cengiz is engaged in multiple industries. He initially rose to prominence in the 1990s with luxury hotel projects in Antalya. His business expanded into tourism, mining, infrastructure, airport operations, and insurance. Particularly, his stakes in Eti Bakır and Eti Alüminyum establish him as a major player in mining and energy.
What Does Mehmet Cengiz Do in the Field of Sports?
Cengiz, with a heartfelt passion for sports, has made significant contributions as the Honorary President of Çaykur Rizespor. He spearheaded multiple projects, including establishing a sports facility in Rize, showcasing his contributions to both the sports community and the business sector.
Most Curious About
What is the scale of Mehmet Cengiz's investment in the Bodrum project?
The luxury project in Bodrum's Paradise Bay is a significant endeavor by Mehmet Cengiz, involving an extensive 678,000 square meters. This large-scale investment includes around 100 villas and a hotel managed by the prestigious jewelry brand Bulgari. The development underscores Mehmet Cengiz’s ambition to blend high-end real estate with world-class hospitality, making this a landmark project not just in Turkey but globally. Cengiz's choice to partner with Bulgari, known for its luxurious hotels, adds immense value and allure to the project, setting high expectations for its completion.
How has Mehmet Cengiz impacted the sports world through his investments?
As the Honorary President of Çaykur Rizespor, Mehmet Cengiz has significantly influenced the sports sector. One standout project includes the establishment of a sports facility in Rize’s Gündoğdu district, named in his honor. His leadership in diverse projects reflects his commitment to fostering sports development at the community level. These initiatives not only boost local sports infrastructure but also demonstrate his dedication to creating opportunities for athletes. Cengiz's contributions emphasize the importance of support and investment in sports, further highlighting his multifaceted approach to business and philanthropy.
Who is Mehmet Cengiz?
Mehmet Cengiz is one of Turkey's most prominent businessmen, serving as the founder and chairman of Cengiz Holding. Born in 1958 in Rize's Kalkandere district, he launched his business with his brother Ekrem Cengiz by founding Cengiz İnşaat. He gained recognition in the 1990s with luxury hotel constructions and later broadened his scope to tourism, mining, infrastructure, airport operations, and insurance.
In the early 2000s, his investments in nine projects, totaling $42.92 billion, catapulted him into the spotlight. These investments solidified Cengiz Holding's place among top companies tackling major global infrastructure projects.
Beyond business, Cengiz has a notable presence in mining, acquiring significant operations like Eti Bakır’s Küre and Samsun facilities, and Eti Alüminyum. He remains consequential in the energy sector, partnering with TEDAŞ-affiliated electricity distribution firms.
Celebrated in sports, Cengiz is the Honorary President of Çaykur Rizespor, leading critical projects and inaugurating a sports facility in Rize. His diverse contributions reinforce his stature as a pioneering figure in both business and sports realms.