Turkey is a natural bridge between east-west and north-south axes. Because its strategic position, Turkey provide efficient and cost-effective marketplace. With its growing, young, well-educated and dynamic population, Turkey offers excellent opportunities to the investors. According to TurkStat (Turkish Statistical Institute), Turkey has the largest youth population among EU member countries, with half of its population under the age of 32 in 2018. More than 23 urban centers, each with over 1 million inhabitants, sustain the flourishing domestic demand of Turkey by manufacturing goods and services. In terms of population, İstanbul is the largest city in Europe. Additionally, Turkey has liberal investment climate since the investment legislation of Turkey provides equal treatment for all investors. Moreover, Turkey reserves many opportunities in wide variety of sectors for investors. The government is working to draw FDI in the fields of technology, textiles, utilities (health, education, public transport), telecommunications, shipbuilding, electronics and biotechnology.
Why Turkey is a one of the best countries for FDI?
The impressive growth performance of Turkey and the structural reforms that have been implemented over the past decade have put it on the radar of many international investors. Turkey was the 7th most popular FDI destination in Europe in 2019, according to FDI Markets. There were 211 projects in the country, with a 3.5 percent share of all FDI projects across Europe. The finance and manufacturing sectors have attracted the highest amount of FDI in Turkey, and the majority of FDI inflows to Turkey have originated from Europe, North America, and the Gulf countries over the past 17 years. In addition, share of Asian investment in Turkish FDI had increased remarkably.