WHY TURKEY
- Unique geographical location - Turkey enjoys a very special location at the crossroads between East and West, overlapping Europe and Asia geographically. The proxy to the new emerging markets in Middle East and Central Asia creates unique business opportunities.
- A strong international investment record -The experience of more than 4000 foreign capital establishments, including 104 of the Fortune Top 500 companies, confirms Turkey as a predominant investment location.
- A fast developing economy - The average growth rate of 6,8 % for the last 3 years prior to 1999, 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.
- A huge domestic market - With a population of 63 million and an increasing consumer purchasing power, Turkey offers a huge and dynamic domestic market to investors.
- High-skilled, competitive labour - The Turkish labour force is well-known with its skills and learning capacity, and competitive labour rates offer cutting edge for industries.
- High quality standards - The new quality oriented generation in both manufacturing and services sectors ensures high quality levels. Turkish companies have proven their high quality levels by winning the European Quality Award consecutively in 1996 and 1997 as well as winning the European Quality Award for Small and Medium Sized Enterprises.
- The gateway of energy resources - Turkey is located at the gateway of Middle East and Caspian petroleum and Central Asian natural, which are regarded as the future energy reserves of the world.
- A well developed telecommunications network - Turkey has a relatively "young" telecommunications network with the latest technology, which can easily compete with the developed countries.
- Economic and political stability - Turkey is identified with its democratic parliamentary regime and a stable growing economy within its region.
- Strong ties with Caucasia and Central Asia - Turkey is the leading investor in Caucasian and Central Asian Republics. Due to her strong cultural and historic ties, Turkey provides privileged access and a perfect base to develop business with these countries.