The groundbreaking ceremony for the construction of the Embassy Office Building of Hungary in Ankara and the renovation of the residence, hosted by Hungarian Ambassador Viktor Mátis and Adnan Polat, Chairman of Polat Holding, a leading player in the real estate and construction sectors, was attended by Mevlüt Çavuşoğlu, Minister of Foreign Affairs of the Republic of Turkey, and Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary.

Polat Holding, which has made prestigious projects in the real estate, construction, and energy sectors in Turkey and worldwide, has taken action for a historic project that holds importance for Turkey-Hungary relations. The holding company conducted a groundbreaking ceremony for the construction of the Embassy Office Building of Hungary and the renovation of the residence located on Atatürk Boulevard in Ankara.

The ceremony, which took place on Tuesday, April 19, was attended by Minister of Foreign Affairs of the Republic of Turkey Mevlüt Çavuşoğlu and Minister of Foreign Affairs and Foreign Trade of the Hungarian Government Péter Szijjártó.

Péter Szijjártó stated in his opening speech: “Cooperation and strategic partnership between Hungary and Turkey has always been at the center of Hungarian foreign affairs. This focus of Hungary will always remain like this.”

Foreign Minister Mevlüt Çavuşoğlu said: "The Hungarian Embassy Residence, which was built in the first years of the Republic, has served Hungary for nearly a century. The new buildings that we will lay the foundations will strengthen our relations for the next century. The fact that the historical residence of the Embassy and the new service building are side by side in the same garden has symbolic meanings. The historical house is the symbol of our deep-rooted relations, and the modern building is the symbol of the future of our relations.”

Adnan Polat, Chairman of the Board of Polat Holding, said: “As Polat Holding, we are very happy to be a part of the friendship between these two countries. It is very important for us to preserve and strengthen friendship with Hungary, which has a special place in Polat Holding, to consolidate relations, to transfer them to the future, and to create new projects that offer added value.”

The new 7-storey office building, which will be built on a total closed area of 4,385 m2, is designed in a rich and modern look with special landscape works. The project will be delivered in 2023.

About Polat Holding: Carrying its deep-rooted past to the future by designing the dynamics of the sector, Polat Holding continues to increase its added value to the Turkish economy with each passing year. Polat Holding, which invests in the leading sectors of Turkey and focuses on project development, energy and trade, especially in the field of real estate, while realizing projects in the central and valuable locations of Istanbul with Polat Gayrimenkul in Turkey, it continues its real estate investments in Hungary with APD Real Estate and PD Real Estate companies. In the energy sector, Polat Enerji, which focuses on wind and solar energy, which has great potential in Turkey, is the leader in the Turkish wind energy sector. The Holding continues its activities in Hungary, the Netherlands, Greece and Cyprus with the companies Polat Foreign Trade and ALX Hungary.