Global Highlights about Turkey
- Profound economic transformation over last decade
- 17th largest economy in the world
- 6th largest economy in Europe
- Reliable monetary policy and reasonable inflation rate
- Remarkable credit ratings from international agencies
- Turkey’s advantageous geographical positioning
- Ease of doing business in Turkey
- Young and highly skilled workforce
- Geographical logistic capabilities
- Growing income per capita
- Urban renewal and development
- New reciprocity law and residence permit
- Increasing population and demographic advantage
- A new rising star of emerging market economies becoming the “China of Europe”
- It is expected to grow with an annual average rate of 5.2% between 2013 and 2017.
Some of Turkey’s major target for 2023:
- Becoming one of the 10 largest economies
- Having an export volume of USD 500 billion
- Increasing high-speed railway up to 10,000 Km from 888 Km.
- Urban transformation and regeneration projects
- Expected 50 million tourist each year by 2023.
- More hotels, sports and health facilities will be built.
- Galata and Halic Ports will be run for cruise ships.
- New third airport will be built in following years.
- Kanal Istanbul is an upcoming artificial waterway.
- North Marmara Highway will be built with third bridge.
- Marmaray railway project that connects two continents.
- Eurasia Tunnel, twin deck tunnel will be built through Bosphorus.
- More projects in other parts of Turkey, as highways, bridges, railways, etc.
Phone: İdris Elmas, +90 533 478 71 91
Email: idris.elmas@gmail.com
