| Reasons
for Investment in Turkey |
| Unique
geographical location |
Turkey enjoys a very special
location at the crossroads between East and
West, overlapping Europe and Asia geographically.
The proximity to the new emerging markets
in the Middle East and Central Asia creates
unique business opportunities.
| A
strong international investment record |
The experience of more
than 15,000 (as of end-2006) foreign capital
establishments, including 104 of the Fortune
Top 5000 companies, confirms Turkey as a predominant
investment location.
| A
fast developing economy |
The average growth rate
for the last 5 years, which is well above
many OECD countries, implies a dynamic and
growing economy. WTO outputs also state that
Turkey is among the most dynamic 20 countries
in the world trade. In the last 5 years, Turkey's
GDP grew by almost 40%, on a cumulative basis
(in real terms). Turkey's real GDP and GNP
increased by 6.1% and 6.0% respectively in
2006. This makes Turkey one of the fastest
growing economies in the world. Turkey is
expected to grow by more than 5% per cent
a year in the next 5-to-10 years.
With a population of 73
million and an increasing consumer purchasing
power, Turkey offers a huge and dynamic domestic
market to investors. In 2006, GNP per capita
recorded $5.477 being all times high.
| High-skilled,
competitive labour |
The Turkish labour force
is well-known for its skills and learning
capacity, and competitive labour rates offer
cutting edge for industries.
The new quality oriented
generation in both manufacturing and services
sectors ensures high quality levels; and this
is also proven by Turkish companies winning
the European Quality Award : Brisa (1996),
Beksa (1996), Netas (1997), Beko (1998), Arcelik
(2000), Eczacibasi Vitra ( 2000)
| The
gateway of energy resources |
Turkey is located at the
gateway of the Middle East, Caspian petroleum
and Central Asian natural gas to the west,
which are regarded as the future energy reserves
of the world.
| A
state of art telecommunications network |
Turkey has a relatively
"young" telecommunications network with the
latest technology, which can easily compete
with the developed countries.
| Strong
ties with Caucasus and Central Asia |
Turkey is the leading
investor in Caucasian and Central Asian Turkic
Republics. Due to her strong cultural and
historic ties, Turkey provides privileged
access and a perfect base to develop business
with these countries.
