WHY INVEST IN TURKEY
SUCCESSFUL ECONOMY
Booming economy; more than tripling its GDP, reaching USD 857 billion in 2016, up from USD 231 billion in 2002 (TurkStat) Turkey Growth Rate is on average %4.9 for the last 15 years in a row. The last growth rate was %5 in 2017 Q1.
POPULATION
Largest youth population compared with the EU (Eurostat, A population of 79.8 million)
QUALIFIED AND COMPETITIVE LABOR FORCE
Over 30.5 million young, well-educated and motivated professionals (2016, TurkStat)
LIBERAL AND REFORMIST INVESTMENT CLIMATE
Around 52,700 companies with international capital in 2016 (Ministry of Economy)
INFRASTRUCTURE
New and highly-developed technological infrastructure in transportation, telecommunications and energy
CENTRALLY LOCATED
Easy access to 1.6 billion customers in Europe, Eurasia, the Middle East and North Africa
ENERGY CORRIDOR AND TERMINAL OF EUROPE
An important Energy terminal and corridor in Europe connecting the East and the West
LOW TAXES & INCENTIVES
Corporate Income Tax reduced from 33 percent to 20 percent, Incentives for strategic / Large-scale and regional investments.
CUSTOMS UNION WITH THE EU SINCE 1996
Customs Union with the EU since 1996 and Free Trade Agreements (FTA) with 27 countries (Ministry of Economy)
LARGE DOMESTIC MARKET
62.2 million broadband internet subscribers, 75.1 million mobile phone subscribers and 58.8 million credit card users in 2016
Source: http://www.invest.gov.tr/en-US/investmentguide/Pages/10Reasons.aspx
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