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ARTICLE · 26 APRIL 2017

The Regulations, Permits And Considerations

Mayer Brown
Mayer Brown
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Spanning Asia and Europe and bordered by eight countries, Turkey is located in a strategically important location and has a diverse cultural heritage.

TurkeyStrategy

Spanning Asia and Europe and bordered by eight countries, Turkey is located in a strategically important location and has a diverse cultural heritage. Its vast mineral deposits and role as a natural gas and oil producer– with recent discoveries of new oil and gas fields, in particular off the Black Sea coast– position it as a player in those markets. It has a dynamic economy, a mix of the traditional agriculture and modern industrial/commerce sectors, which has in recent years experienced rapid growth.

In order to reduce its reliance on imported energy, the government is focused on developing renewable and nuclear energy sources which will boost the country's construction industry, and has announced plans to construct three nuclear power stations in the country by 2023.

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