Turkey is a large and high growth potential country with:

  • Young, educated and entrepreneurial population
  • High manufacturing competitiveness
  • Diversified economy with advanced sophistication across specific sectors
  • Unique geographical position and proximity to both developed and developing markets
  • Strong export potential and DNA

Global economic turbulence in recent years has limited Turkey to fully realize this potential.

Turkey can realistically realize this strong potential by defining and executing a strategy built on its strengths.

This long term strategy should be built on:

  • Transitioning to higher value added and high technology products in manufacturing to increase exports and minimize current account deficit
  • Sustaining a predictable investment environment to further attract FDI and domestic investments
  • Leveraging opportunities in changing global dynamics with Covid 19 and trade wars to further strengthen Turkey’s global position

Turkey’s geographical location, young workforce, competitive cost structure and sectoral maturity represents significant opportunities.

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