WHY INVEST IN TURKEY?

Surrounded by smart, passionate people and with the best tools and approaches at your disposal, you’ll take giant leaps toward creating a business.
An economic success despite the economic and political crises.
A liberal and reformist investment climate offering equal rights to foreign investors
A strategic energy corridor and terminal for Europe.
A large, young and innovative population constituting a large market.
Recent and developing infrastructures.
Reduced taxes and incentives for investors.
A qualified and competitive workforce in terms of cost.
A central geographical location on the East-West and North-South axes constituting an industrial and commercial hub.
A large domestic market with growing sectors and significant needs.

Surface area: 783,562 km², 81 provinces, 7 regions, 957 districts.

Capital: Ankara – Istanbul is the economic capital of the country.

3 main economic and industrial areas: Marmara (Istanbul, Bursa, Kocaeli), Ankara and Izmir regions.

3 hours from Paris, Moscow, and Iran, Turkey is located at the crossroads of 4 cultures: European, Russian, Iranian and Arab

  • Democratic and secular Republic since 1923.
  • Liberal economy since 1980.
  • Population: more than 80 million inhabitants, about 20% have a European purchasing power.
  • Heterogeneous population, more than 70 ethnic groups, about 5 million Turks have immigrated to Western Europe.
  • Languages spoken: Turkish, Kurdish, English, German, French (business), 60% of the population under 35 years of age, (average age is 31 years).
  •  90% of the population is urban (metropolises and cities).

GROWTH

  •  The economic growth of 1.9% in the first quarter of 2020.

MONETARY MEASURES

  • GDP of US$754.41 billion in 2019, which was US$236 billion in 2002.

FOREIGN TRADE

An institutionalized economy supported by $180 billion in FDI over the past 14 years.

  • Imports: US$210.40 billion (2019)
  • Exports: 180.46 billion US dollars (2019)

RANKINGS (2019)

  • 18th largest economy in the world and 8th largest in the EU.
  • 25th largest importer in the world.
  • 31st largest exporter in the world.
  • 15th in the world for most attractive countries (OECD)

Strengths and Opportunities of Turkey

Qualified and affordable labor: very well-trained engineers and more affordable than in Europe.

Ability to adapt to demand and reactivity of Turkish companies.

Geographical location: link between Europe and Asia.

Re-export platform: geographical proximity to France and Asia.

Quality of manufactured products (in compliance with European standards).

Customs agreements with the EU since 1996. 20% of the population has European purchasing power.

Young and urban population. Flexibility of sectors and country.

High-performance partnerships on auto/aero/agro, etc.

For more information and to discover the opportunities in various industries, download our presentation ``Discover Turkey`` in pdf format.