Investment Opportunities in Turkey
The most important investment opportunities in Turkey, first we need to learn the investment zones in Turkey. There are real estate, manufacturing, tourism, education, and many more. Now it is something very important, which is what is the reasons that will motivate you to start investing in Turkey and what are the best investment opportunities according to the current situation.
Overview of the current situation for investment in Turkey
Turkey is now among the top middle-income countries with a gross domestic product of $799.54 billion annually, placing this country at the 17th position as a global economic power and a distinct investment country. In less than a decade, the annual Income per Capita has almost tripled, and Turkey’s per capita income now exceeds $10.500 a year. (Click here to read about real estate investment)
Turkey is also a member of the Organization for Economic Co-operation and Development (OECD) and the Group of 20, and an essential donor to bilateral ODA (Support Measures Portal for Least Developed Countries). It has also become a reliable source of high-quality consumer goods, and it is now Europe’s largest producer of TVs and light commercial vehicles. Also, Turkish goods and products are actively present in the German market because of their accuracy and quality. Turkey is also the eighth largest food producer in the world and the sixth most popular tourist destination.
Turkey is also the eighth largest food producer in the world and the sixth most popular tourist destination. Moreover, there are also 43 Turkish companies among the top 250 global construction companies.
Ten years ago, the textile and textile industry deteriorated sharply, but now it has become a sophisticated industry and exports higher quality goods to Europe. Exports have jumped dramatically in recent years, reaching 325% from 2002 -2012. Between 2002 and 2007, the Turkish economy grew at a rate of 6.8% annually. The growth rate during the last decade was about 3.5%.
By 2007, the Turkish economy had shifted from the traditional agricultural activities in rural areas to “very dynamic” Industrial complexes, spread in major cities with advanced services, with the agricultural sector accounting for 11.9% of GDP while industrial industries accounted for 23.7%, And service accounted for 64.5%. The tourism sector has also overgrown in recent years and has become an essential part of the economy.
In 2005 there were more than 24 million visitors in Turkey; they contributed more than $18 billion to the Turkish economy.