Why Invest In Turkey?

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Strategical Location

Turkey plays its part as a natural bridge between Asia and Europe. Both continents also influence its eclectic culture. Istanbul is the key when it comes to offering strategic access to all the key markets within these areas. According to statistics, Turkey has access to 955 million consumers through FTAs and Customs Union. Istanbul is the 7th city within Europe, where most of the investments have been made. 

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Strong Entrepreneurial Community

Turkey, especially Istanbul, has a robust entrepreneurial community of startup co-founders and founders. This shows that there are countless opportunities for partnerships and networking.  

Startups of all developments can easily participate in events, accelerator programs, conferences, co-working spaces, and hackathons entirely based on entrepreneurship. 

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The Incentives for the Foreign Investments

The Government of Turkey aims to encourage all foreign investments and wishes to build incentive-based various categories of assets that all professional investors will encounter. According to Turkey’s Investment Office, seven profiles of investors are defined by the quality FDI.

 

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Skilled and Competitive Workforce
Turkey’s young and well-educated population is a valuable asset, as investors face significant challenges elsewhere in Europe due to population aging and shrinkage.

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With its rising, young, and vibrant population – the driving force behind a robust labor pool and a lucrative domestic market – Turkey provides significant chances.

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In 2018, Turkey’s population was registered as 82 million people. According to the Turkish Statistical Institute, it is predicted to reach 86.9 million by 2023 and 100.3 million by 2040. The population is expected to continue to expand until 2069 when it will reach 107.6 million.

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Good Infrastructure

One of the most compelling reasons for foreign investors to invest anywhere is the availability of the necessary infrastructure and lower transportation costs. Turkey has undergone growth in basic infrastructures, such as transportation, communications, power, and technical infrastructure, making it a magnet for foreign investment.