China, India, Indonesia, Brazil and Turkey's economies are the most powerful engines to drive the global economy to stability said Sahit Muja the President & CEO of Albanian Minerals in New York.
Mr Sahit Muja said "China, India, Indonesia and Brazil were able to keep growing throughout 2008 and 2009.
China´s economic growth is estimated to record 10 - 11% percent annually on an average between 2010-2015"
"The Indian economy is poised to grow by double digits annually from 2011-2015.
Brazil's central bank this week upped its growth forecast for 2010 to 7.3 percent. Indonesia' economy is expected to grow 6.5 % this year.
Gross domestic product in Turkey increased an annual 11.7 percent, compared with 6 percent in the previous three months. Turkey have second fastest growing economy in the world in 2010".
Mr Sahit Muja said "China´s 1.32 billion population is a huge market for international and domestic demand for food, energy, oil, natural gas and metals. China have a strong driving demand for housing to meet the needs of 100 million people. Real estate demand in China will continue to grow because of migration of rural population to urban this will continue to drive housing demand, rather than a growing population as in countries like India, Brazil, Indonesia, Turkey and large parts of the Middle East. India's population in 2010 is around 1.15 billion people. Currently, India is second largest country in the world after China in terms of population. Population of India at the time of Independence was only 350 million. Indonesia's population is 235 million and growing. Brazil's population is 193 million and Turkey's population is 73 million one of fastest growing in the world".
Mr Sahit Muja said "Booming economy in China, India, Brazil, Indonesia and Turkey will help economies in The US, EU, Canada, Australia, Africa, Russia, Middle East and Latin America. From 2010 to 2015 more than 500 million new families will need new housing in the world. The 250 million new homes needed in China, India, Indonesia and Brazil. Growing economy and population will drive the demand for new roads, railways, airports, hospitals, schools. banks, infrastructure, water projects, energy projects, courts and legal system, new factories, houses, buildings, oil and natural gas refineries, power plants, wind energy turbines, solar power, cars, trucks, airplanes, ships , machinery and much more".
Mr Sahit Muja said "Growing demand for everything will create opportunity for new jobs in all sectors of economy. Agriculture sector in US and Latin America will grow as demand for food will rise. Financial, telecommunication and new technology's sectors will continue to grow and improve driven by strong demand and competition.
The emerging global economy needs more energy, oil, natural gas, metals. cement, rubber, iron, glas, steel, copper, silver,nickel, gold, aluminum, chrome ore, wood, agricultural products, urea, phosphate and other materials".
Mr Sahit Muja said "China, India, Brazil, Indonesia, Turkey, Albania and Kosovo will be on my top list to have Albanian Minerals & Bytyci SHPK are joint ventures and sister companies to trade and invest in the world's powerful emerging economies.
I have been working with partners in China, India, Brazil, Turkey, Indonesia and Albania the to move and capture the tremendous opportunity in the metal markets.
It will be perfect for any investor to invest in major industries in China, India, Indonesia, Brazil, Turkey in real estate, energy sector, food industry, tourism, IT, automobiles, cement, chemicals, consumer electronics, food processing, machinery, mining, petroleum, pharmaceuticals, steel, transportation equipment, and textiles. Textiles, jewelry, engineering goods and software , insurance sector, banking, stock markets. energy projects".
Mr Sahit Muja said "Many attractions to invest in China, India, Brazil, Indonesia, Turkey, Albania and Kosovo have been well-chronicled, but they can´t be emphasized enough. The US have a huge advantage in the global marketplace. The US Government and hard working American people need to move fast to capture the tremendous opportunity in global emerging markets. Now the game rules have change in world's markets. Is not true anymore, the big fish eat the small fish. Now in new world the fast fish will emerge as a winner in the top league of the world's emerging economies".
Source(s):
Sahit Muja
President & CEO
Albanian Minerals in New York