Investment
Reasons to Invest in Turkey?

10 Reasons for Investing in Turkey

SUCCESSFUL ECONOMY
POPULATION
QUALIFIED AND COMPETITIVE WORKING POWER
AN OPEN INVESTMENT ENVIRONMENT FOR LIBERAL AND INNOVATIONS
INFRASTRUCTURE
CENTRAL LOCATION
EUROPE'S ENERGY CORRIDOR AND TERMINAL
LOW TAXES AND INCENTIVE OPPORTUNITIES
CUSTOMS UNION FROM 1996 WITH EU
GREAT EXTERNAL MARKET


 1. SUCCESSFUL ECONOMY

Rapidly developing economy; GDP, which was US $ 231 billion in 2002, increased more than tripled in 2012 to US $ 786 billion (TURKSTAT)

Stable economic growth; real GDP growth in the last decade increased by 5% on average (TURKSTAT)

A promising and promising economy that is expected to be the fastest growing economy among OECD member countries in 2012-2017 with an annual average rate of 5.2% real GDP growth (OECD Economic Outlook No.91)

The world's 16th largest economy in 2012 and the 6th largest economy compared to the EU region (GDP, IMF WEO according to Purchasing Power Parity)

The 13th most attractive country in the world in direct foreign investment for 2012 with its institutionalized economy that attracted US $ 123 billion of foreign direct investment in the last 10 years (A.T. Kearney Foreign Direct Investments Confidence Index)

A dynamic and mature private sector with a growth volume of US $ 153 billion between 2002 and 2012, increasing by 325%

2. POPULATION

Population of 76 million people (2012, TURKSTAT)

The most populous young population compared to the EU (Eurostat)

Half of the population under the age of 30.1 (TURKSTAT)

Young, dynamic, educated and multicultural population

3. QUALIFIED AND COMPETITIVE WORKING POWER

Over 27 million young, trained and motivated professionals (TURKSTAT)

Increased employee productivity

Approximately 600,000 graduates annually from more than 170 universities (2012, ÖSYM)

More than 700,000 high school graduates, half of whom are from vocational high schools and technical high schools (2012, Ministry of National Education)

4. AN OPEN INVESTMENT ENVIRONMENT FOR LIBERALS AND INNOVATIONS

The second largest reformer in OECD member countries since 1997, in terms of restrictions on foreign direct investment (OECD FDI Regulations on Restriction Index 1997-2012)

A business-friendly environment with an average company size of 6 days (more than 12 days in OECD member countries)

Highly competitive investment conditions

A strong industry and service culture

Equal treatment of all investors

More than 33.000 companies with foreign capital

International arbitration

Transfer guarantee

5. INFRASTRUCTURE

New and advanced technical infrastructure in the transport, telecommunications and energy sectors

Highly developed, low cost sea transport

Advantage of transport to Central and Eastern Europe by rail

Well-structured transport facilities and direct shipment mechanism to most EU countries

6. CENTRAL LOCATION

An effective and cost-effective starting point for major markets as a natural bridge between East-West and North-South

Easy access to 1.5 billion customers in Europe, Eurasia, the Middle East and North Africa

Access to a large number of markets with a total GDP of US $ 25 trillion

7. ENERGY CORRIDOR AND TERMINAL OF EUROPE

An important energy terminal and gate connecting East and West

More than 70% of the world's proven primary energy reserves, while in regions very close to Turkey, Europe, the largest energy consumer, the key point west taking place in countries in the energy transfer of Turkey, the area serves is an energy terminal

8. LOW TAXES AND INCENTIVE OPPORTUNITIES

Corporate Tax from 33% to 20%

In addition to the full or partial exemption from the Corporate Tax and the social security share of employers, the tax benefits applied to Technology Development Zones, Industrial Zones and Free Zones as well as land allocation

R & D Law

Strategic investments aimed at reducing imports, large-scale investments and incentives for regional investments

9. CUSTOMS UNION WITH EU ON 1996

Customs Union with the EU since 1996 and Free Trade Agreement with 22 countries

New Free Trade Agreements

Accession negotiations with the EU

10. GREAT EXTERNAL MARKET

Number of broadband internet subscribers from 0.1 to 20 million between 2002 and 2012

The number of mobile phone subscribers from 23 to 68 million between 2002 and 2012

Number of credit card users from 16 million to 54 million in 2002-2012

Number of airline passengers rising from 33 million to 131 million between 2002 and 2012

Number of foreign tourists from 13 million to 31.8 million in 2002-2012

The data is T.C. Investment and Promotion Agency of Turkey Prime Ministry was taken from.

 

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