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ARTICLE · 19 OCTOBER 2017

SEVERAL REASONS FOR FOREIGN DIRECT INVESTMENTS IN TURKEY

As being 13th largest economy in the world, Turkey offers great opportunities for foreign investors in various sectors.

TurkeyGovernment, Public Sector
Bora Akturk
Bora Akturk

Source : TurkStat

As being 13th largest economy in the world, Turkey offers great opportunities for foreign investors in various sectors. Although Turkey has experienced external and internal crisis in 2016 dramatically, reliance has been reconstructed in the Turkish economy during the second half of the year. Indeed, Turkey achieved USD 12.3 billion in Foreign Direct Investment at the end of 2016.

According to the recent report published by the Republic of Turkey Prime Ministry Investment Support and Promotion Agency, Turkey's robust economy is very significant in terms of attracting investors globally. Statistics demonstrated in aforementioned report that the average annual GDP growth of Turkey has been reached 5.6% between 2003-2016. Furthermore, the GDP growth has continued to rise slightly during the first and second quarter of 2017.

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