
Factors That Drive Investment In Turkey
February 24, 2016 | Updated at September 28, 2017
Over the last decade the Turkish economy has been one of the most vibrant economies in the world, more than doubling its GDP to over US$ 800 billion. This internationalisation has been mainly led by record levels of foreign direct investment (FDI), averaging around US$ 12 billion per year.
With geopolitical tensions continuing to dominate its eastern borders, and lingering economic stagnation in the west, the economy will face a number of challenges in 2016. However the country’s resilient private sector is targeting greater levels of FDI to support economic growth.
“Turkey’s share is currently around 1 percent of the global FDI flow. We believe our country has the potential to increase this figure three-fold as we have a number of advantages to lure further foreign in...