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Turkey’s tourism revenue up nearly 20 percent in 2017 Arab investors’ interest in Torbalı Turkey to support entrepreneurs in clean technology Turkish textile sector made 74 thousand $ per minute export Number of technoparks in Turkey rises to 71 Reform package to boost Turkey’s investment environment Turkish online gaming sector to reach $2 billion by 2020 Turkish Marble Sector gathered in Muğla for environment In all sectors, Turkey shines with great export potential Italian pianist Libetta to perform with Turkish pianist Onay Nearly 330 thousand visitors enjoy balloon ride in Cappadocia Izmir awarded as “eco-friendly” city A giant breakthrough from İzeltaş Global bridal fashion sector met in İzmir Domestic tourism surges 16.1 pct in 2017 Q3 Fiat Egea: Turkey’s most preferred model Turkey’s exports surge in January Export record in January from Aegean companies Tarakçıoğlu: More than 40 Turkish firms will show up at Foodex Japan Getting ready for MODEKO fair, furniture sector exported 120 M$ from Aegean region “Kaya: The Turkish mining sector will continue its upward trend in 2018” “Now the world wıshes to be here” Aegean export champions received awards 10 percent of fresh fruit and vegetable sector exports will carried by air cargo Turkish fishermen are ambitious to enter US market Turkish TV series made 350M $ export 1.5B $ export from leather sector Denizli towels’ new target market: US Turkey’s largest agriculture fair opens in Izmir Zeybekci: Turkey’s growth may be in double-digit in Q3 Vardarcı Makina focusing on R&D operations Turkey’s tourism earnings to reach $30 billion in 2018 Turkey plans direct Treasury transfers to lure more investments A journey of taste from Bulgaria to Ayvalik Turkey’s potential in agro-food sector and export capacity Four Turkish cities among top tourist destinations Turk Eximbank becomes full member of Asian Exim Banks Forum EU raises Turkey’s growth forecast Erdoğan & Elon Musk discuss Tesla cooperation with Turkish firms Özgener: 2018 exportation expected to reach 1B $ Turkey will reach its export target of $ 156.5 billion Seyyar: We expect the rise to continue in 2018 Tarakçıoğlu: Our trading is not affected by regional developments Kaya: We are in a position which we can go beyond the goals of 2023 Galiko: Our export performance is fine despite crises Celep: Exports worth 3 billion dollars is our goal for the year 2023 Kızılgüneşler: We target 1,3B $ export in 2018 Limited production, high quality: CMRT Olive Oil Excellent olive oil from excellent olives Russia agrees to import 50,000 tons of Turkish tomatoes in December Moscow Exchange to start trading Turkish Lira, Japanese yen in 2018 Turkey’s industrial production rises 5.2 percent year-on-year Menkur Tarım picks and processes high quality chestnut and cherry Exportation of cereals, pulses, oil seeds and products in Turkey Aegean fishermen making three thirds of the Turkey’s seafood exportation Olive oil exportation of Turkey breaking records Tobacco and products sector in Turkey Advantages of Turkey as a major food exporter “The most reliable product can be bought from Turkey.” Follow the stands of the Turkish firms for the innovations in the food and beverage sector Demand for Turkish dry fruits increase Baltali’s philosophy: “We produce with maternal sensitivity” Turkey’s advantages for producing fresh fruits Shining star of tourism and agriculture: ÖDEMİŞ Turkey’s exports rose 12 percent in August Turkey’s industrial production up in July The first ship to export dried figs will set sail on October 11 Turkish, Israeli companies engage in big diamond trade “Investments started to recover and foreign demand is strong” Turkish PM indicates $300B investment in 10 years ANFAŞ General Manager Özer’s call for FoodProduct: Don’t be late! Comments on Economic Expansion Turkish Trade Center opens in New York Amid stong growth, Fitch to review Turkey’s growth outlook Two Awards to Pinar by Stevie Awards Global economists see Turkey’s growth as positive development Turkish-Iranian bilateral trade could potentially exceed $100B, Iranian envoy says Turkey’s exports to Russia soar 52.5 percent since January Istanbul drops 12 places in global financial centers index Over 6,500 new companies launched in August The first ship to export dried figs will set sail on October 11 Turkish gov’t to establish 5 mega industrial zones Turkey’s industrial production soars 14.5 pct in July Turkey’s economy grows 5.1 percent in second quarter of year Chinese tourists to triple next year as flight frequencies increase 4 million cubic meters of concrete to be used for Turkey’s highest dam Europe’s leading tour operators to increase Turkey’s share by up to 20 pct Turkey named world’s second-largest contractor Over 61 pct of Istanbul New Airport complete Turkey’s cherry exports since April reach $155M Turkish aviation sector to grow further with Istanbul’s third airport Turkey’s top glass maker plans investments to boost capacity at home, abroad Turkey, Vietnam agree to double trade volume in 3 years Anuga 2017 scheduled for October in Germany Belarus becomes top tomato importer from Turkey’s Antalya amid Russia ban Turkey signs trade agreement on agriculture with Serbia Russian minister calls Turkey ‘crucial’ trade partner Turkish contractors rank second in world for foreign projects for 10th straight year 86th İzmir International Fair opens Iva Natura: Leader in organic beauty export


Turkey’s investment potential

Burak Oğuz, CPABurak Oğuz, CPA

Turkey is a country, which has a potential to transform all advantages of its geographical position and community to an economic opportunity. Enormous accumulation of Anatolia has shown us what can be achieved with this potential in every period of history. No matter how many periodical problems are experienced and political dilemmas are deep, this reality has never changed. Turkey and its economy have succeeded to overcome every problem and to stay strong and alive as witnessed many times in the history.

Modern Turkish State achieved to stay strong with its enterprises and entrepreneurs in spite of the deep turmoil, wars and fractures experienced not only in its territory and but also in the world. Such capability supported by geography and history is the key feature, distinguishing Turkish economy from others.

Turkish economy called with the fluctuations in the last quarter century has passed many exams successfully. Turkey has never lost its investment and production atmosphere in spite of the periodical problems regardless of its quality and quantity. Even though performance losses have been experienced in economy, production and trade have maintained its dynamics.

Even investment in Turkey during the years experienced with problems rewarded the investors and entrepreneurs who believe in it. There is no foreign capital investor whose initiative has resulted in net loss. No matter how internal political conditions are, the ones, preferring Turkey for investment haven’t think about retreating and reinforced their investments with new ones except a few initiative groups which withdrew their investments as required by their company policies.

Ground of the ones, preferring Turkey for investment gained stronger characteristics than yesterday. Geographical advantages, well-educated, dynamic population structure, sincere and generous approach of the state for foreign investors have continued to remain the distinct advantages of our country in foreign capital investments. In spite of the foreign political tensions experienced from time to time Turkish states hasn’t been backward in attaching a special value on and supporting the investors, preferring Turkey for investment beyond being objective and without making discrimination for their origins. Turkey and its economy, suited in the spotlight of the Middle East, Caucasia, Russian Geography and Europe has a deepness to meet the economical needs of the said structures, each one represents a separate world.

Turkey differs clearly from its rivals with not only its geographical and logistics superiorities but also its ability to make well-quality products with affordable prices. Well-quality fall within the reasons of foreign capital groups for investment saves foreign investors from the severe competition of PRC-centered low-cost Far East production.

Turkey, where production costs are very low as compared with Europe has never got behind global standards in terms of quality. “Cheap and quality” image of the products manufactured in Turkey created around the world cause the entrepreneurs thinking about making investment in Turkey to pass their rivals.

Turkey is a good choice for investments from every sector and meets all grounds for a more powerful choice. That was the same yesterday, so today and it will be like this in the future.

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