Investment in Turkey
Summary: This article explores the main types of investment in Turkey, their incentives, along
with a brief glance on the features of each type, and then at the end, there is a focus on the
advantages of real estate investment in Turkey.
In 2007, the Turkish government established an agency to support and permit investment in
Turkey and launched its website here in 12 languages to be a bridge linking Turkey to foreign
investors.
What are the main domains of investment in Turkey?
Real estate, industry, automotive industry, food and agriculture, general business, health care
and medications, financial services, information and communications, and many other domains.
What are the main investment incentives in Turkey?
The qualitative leap of the Turkish economy; the gross national product in 2013 reached
820 billion US dollars while it was only 230 billion US dollars in 2002.
Promising economy; Turkish economy is expected to become one of the fastest
economies in terms of growing among the members of the Organization for Economic
Co-operation and Development (OECD) during the period from 2014 to 2016. Turkish
economy, annually, attracts up to 15 billion dollars in foreign investments.
Turkish economy is considered the sixth economy in the world, the sixth economy in
Europe, with a stable growth in average of 5% between 2012 and 2013.
What are the main points of industrial investment in Turkey (Automotive Industry)?
According to the global manufacturing competitiveness index (GMCI) of Deloitte, in the
next five years, Turkey will be ranked 16 after it was ranked 20 in 2013.
Having Germany the first, Turkey will become the second largest competitive station of
manufacturing in its region, which covers (Europe, Middle East and Africa).
Products of the automotive manufacturers in Turkey cover a wide range of vehicles;
from the sedans to the heavy trucks.
Turkey has been able to increase the automotive production capacity from 374000 cars
in 2002 to more than 1125000 cars in 2013. For that, Turkey has been ranked 16 among
the largest automotive manufacturers in the world.
What about the investment of food and agriculture in Turkey?
Turkey is considered as a global leader in the production of dried figs, nuts, raisins / sultanas and
dried apricots. Turkey also has the largest rates of production of milk and dairy products in its
region. Moreover, Turkey has plant species of vegetables and fruits estimated to number about
11,000 species, where the total number of plant species in Europe is 11,500.