Turkish economy has been robustly growing with an annual average real GDP growth rate of 5.1% over the past 18 years. With a population of 84 million, Turkey has a dynamic and growing domestic market which has been a key driver of the economic growth. In addition to the domestic market, Turkey also offers access to regional markets. Turkey is at the crossroad of Europe and Asia, offering a convenient geo-strategic location for global companies to access lucrative markets in Europe, Middle East, North Africa and Central Asia. With its diversified manufacturing and services industries, skilled labor force, strategic location, free trade agreements (Custom Union with the EU and free trade agreements with around 20 countries), logistics infrastructure, and many other capabilities, Turkey is an ideal location for multinational companies as a hub for manufacturing, management, and export as all as a reliable partner to plug into global value chains.
Speaker: Necmettin Kaymaz, US Country Director, Presidency of the Republic of Turkey Investment Office - TURKEY
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