Benefits of Investing in Turkey
Turkey is a dynamic country that offers many investment opportunities and advantages. Turkey is strategically located between Europe, Asia and the Middle East. Therefore, investments in Turkey provide an advantage to operate as a regional hub.
It provides great convenience to the investors of neighboring countries in areas such as residence permit, passport and work permit in Turkey. Türkiye is a country that has become a favorite of investors in the Middle East in recent years.
Successful Economy in Turkey
In recent years, Türkiye has shown a successful performance by displaying stable economic growth. Thanks to economic reforms, strategic policies and structural transformations, Turkey has become a strong economic actor in the international arena.
Turkey has achieved sustainable economic growth in the last ten years. The economic reforms and macroeconomic stabilization policies implemented since the early 2000s have greatly increased Turkey’s GDP. Especially in the 2010-2017 period, with an annual average growth rate of 5.6%, Turkey has been one of the fastest growing economies among developing countries. It maintained this stability in 2023.
Young and Qualified Workforce
Turkey has a young and dynamic workforce. The qualified education system, the development of technical skills and the provision of education at international standards by universities have increased the quality of the workforce. This has made Turkey attractive for foreign investors.
Improving the Investment Environment
Turkey has implemented various reforms to gain the trust of investors and improve the business environment. Steps such as reducing bureaucracy, protecting the rights of investors, providing incentives and tax advantages have increased the interest of foreign investors in Turkey. At the same time, measures such as investment incentives and free zones encourage domestic and foreign investors to invest in Turkey.
Successful Infrastructure Works
Turkey continuously carries out the necessary infrastructure works for successful investments. Infrastructure development projects are of great importance for Turkey to achieve its economic growth targets and meet the needs of investors. Here are some of the infrastructure works for successful investments in Turkey:
Transportation Network Infrastructure: Turkey has an extensive and developed transportation network. Infrastructure projects such as airports, ports, roads, railways and bridges are constantly being developed and expanded. This allows investors to move goods and services quickly and efficiently.
Energy Infrastructure: Turkey carries out important studies in the field of energy infrastructure. Investments in renewable energy sources are increasing, energy efficiency projects are being implemented and energy distribution networks are being expanded. This creates the necessary infrastructure to meet the energy demand, providing investors with safe and sustainable energy sources.
Telecommunications Infrastructure: Turkey has taken important steps in developing its telecommunications infrastructure. Broadband internet access and fiber optic network infrastructure are constantly being expanded and improved. This provides a fast and reliable infrastructure for communication and data transfer, enabling investors to run their business effectively.
Industry and Technoparks: Turkey supports and develops special zones such as industrial zones and technoparks. These regions provide investors with affordable land, infrastructure and supporting services. It also encourages R&D and innovation activities and provides cooperation opportunities.
Tourism Infrastructure: Turkey also continues its infrastructure works for the tourism sector. Tourism infrastructure such as hotels, resorts, marinas and tourist facilities is constantly being developed and renewed. This provides modern and attractive tourist sites for those wishing to invest in the tourism sector.
Health Infrastructure: Turkey is a country that attaches great importance to the development of its health infrastructure. The government is making significant investments in the health sector to provide quality health services and to strengthen the health infrastructure. In Turkey, which hosts modern and well-equipped hospitals, it trains specialist health personnel by giving importance to medical research and education. Turkey also has an important mission in the field of health tourism in the Middle East and Europe.
Strategic Location Advantage
Turkey is located at a strategic crossing point between Europe, Asia and the Middle East. This makes Turkey the center of international trade. Well-developed ports, airports, highways and railway network enable Turkey to provide ease of logistics and transportation. This provides fast and efficient supply chain management for investors and businesses.
Population Advantage
As of 2023, Turkey’s population is approximately 85 million people. Turkey’s large population, consumer