Reasons To Invest In Turkey

Booming economy; more than tripling its GDP, reaching USD 786 billion in 2012, up from USD 231 billion in 2002 (TurkStat)
Stable economic growth with an average annual real GDP growth rate of 5% over the past decade (TurkStat)
Promising economy with a bright future as it is expected to become the fastest growing economy among the OECD members during 2012-2017 with an average annual real GDP growth rate of 5.2 % (OECD Economic Outlook No. 91)
16th largest economy in the world and 6th largest economy compared with the EU in 2012 (GDP at PPP, IMF WEO)
Institutionalized economy fueled by USD 123 billion of FDI in the last decade and ranked as the 13th most attractive FDI destination in 2012 (A.T. Kearney FDI Confidence Index
A dynamic and mature private sector with USD 153 billion worth of exports and an increase of 325 % between 2002 and 2012 (TurkStat)

The second biggest reformer among OECD countries in terms of its restrictions on FDI since 1997 (OECD FDI Regulatory Restrictiveness Index 1997-2012)
Business-friendly environment with average of 6 days to set up a company, while the average in OECD members is more than 12 days
Highly competitive investment conditions
Strong industrial and service culture
Equal treatment for all investors
More than 33,000 companies with international capital
International arbitration
Guarantee of transfers

Over 27 million young, well-educated and motivated professionals (TurkStat)
Increasing labor productivity
Approximately 600,000 students graduate anually from over 170 universities (2012, Student Selection and Placement Center-OSYM)
More than 700,000 high school graduates with around half from vocational and technical high schools (2012, Ministry of National Education)

New and highly developed technological infrastructure in transportation, telecommunications and energy
Well-developed and low-cost sea transport facilities
Railway transport advantage to Central and Eastern Europe
Well-established transportation routes and direct delivery mechanism to most of the EU countries

A natural bridge between both East-West and North-South axes, thus creating an efficient and cost effective outlet to major markets
Easy access to 1.5 billion customers in Europe, Eurasia, the Middle East and North Africa
Access to multiple markets worth USD 25 trillion of GDP

An important energy terminal and path in Europe
connecting the East and the West
Located at a close proximity of more than 70% of the world’s proven primary energy reserves, while the largest energy consumer, which is Europe, is located right to the west of Turkey, thus making the country a linchpin in energy transit and an energy terminal in the region

Corporate Income Tax reduced from 33% to 20%
Tax benefits and incentives in Technology Development Zones, Industrial Zones and Free Zones could include total or partial exemption from Corporate Income Tax, a grant on employer’s social security share, as well as land allocation
R&D and Innovation Support Law
Incentives for strategic investment to decrease imports, for large-scale investments, as well as for regional investments

Customs Union with the EU since 1996, and Free Trade Agreements (FTA) with 22 countries
More FTAs underway
Accession negotiations with the EU