Agriculture and Food Industry That Employs Almost 20 Percent of The Country’s Working Population.

Home to the headwaters of the Tigris and Euphrates Rivers, Turkey’s agricultural sector today is echoing the prosperity of ancient Mesopotamia. With its favorable geographical conditions and climate, large arable lands, and abundant water supplies, Turkey is considered to be one of the leading countries in the world in the field of ...

Agriculture and Food

Read more

Why Is Turkey An Attractive Destination For Call Center Industry?

Turkey’s strategic location at the crossroads of Europe, the CIS, the Middle East, and North Africa, along with the country’s existing potential, the increase in per capita income, and a large, young and growing population, have positively impacted the development of the business services sector in the country. Turkey has sign...

Trade Transportation and Logistics

Read more

ASELSAN - Turkish Sense of Security

ASELSAN is a global defense and advanced electronics company, that designs, develops, manufactures and integrates state-of-the-art products, systems and services for military, governmental and commercial customers. Headquartered in Ankara, Turkey.  ASELSAN is composed of five Business Sectors:  Communication and Information ...

Manufacturing Trade

Read more

Turkey Provides Employment For 73,584 Foreigners

Turkey provided employment to people from different countries across the world. In 2016, 73,584 out of 86,467 foreigners who applied for a work permit in Turkey attained permission to work from the Labor and Social Security Ministry. Considering the nationalities of those who were granted permits, foreigners of Syrian origin rank first, ...

Trade

Read more

Turkey Increased Tea Export

Turkey earned revenues of over $28.73 million after exporting tea to 86 countries in 2016, according to Eastern Black Sea Exporters Association data. Turkish Tea Exporters' revenue soared by 20.4 percent last year compared to the previous year. The volume of the exports from the country increased by 11.4 percent to stand at around 6.67 m...

Agriculture and Food Trade Manufacturing

Read more

Turkey Invest in Wind Energy

Turkey’s installed wind power capacity increased about 37 times to 5,500 megawatts thanks to 10-billion-dollar worth of investments made in the past 10 years. According to Turkish Wind Energy Association (TUREB), wind power constitutes around 6-6.5 percent of the energy produced in Turkey, and the western province of Balikesir lead...

Manufacturing

Read more

10 Reasons to Invest in Turkey

Turkey is a dynamic and growing G20 economy which uniquely links east with west. It is one of the world’s fastest growing economies and geared to support international investors’ growth through a modernizing and business friendly agenda, and access to large domestic and international markets.  1.ROBUST ECONOMY Turkey st...

Trade

Read more

Support for Turkish Agriculture Hits 1 BLN EUROS

The European Bank for Reconstruction and Development’s (EBRD) support for Turkish agriculture has now exceeded 1 billion euros, the bank announced in a press statement April 12. The EBRD, a leading institutional investor in Turkey, has financed over 32,000 agricultural businesses across the country, according to the statement. Turk...

Agriculture and Food

Read more

First Touristic Submarine in Turkey

Turkey’s first touristic submarine makes first trip into depths of WWII wreck in Antalya. Turkey’s first touristic submarine, Nemo Primero, made its maiden dive into the depths of the Mediterranean just off the coast of Antalya on April 11 in a bid to provide further boost to tourism. The submarine’s first stop was th...

Tourism

Read more

A New Record from Chemical Exports

There is 36.88 percent increase in quantity and 29.14 percent increase in value Chemical sector broke the export record successively for the first three months of 2017. According to the data of the Association of Exporters of Chemical Materials and Products of Istanbul (İKMİB); Chemical exports in March were 1 million 888 thousand tons...

Chemicals

Read more

Turkey Ranks 5th Largest Trade Partner of EU in 2016

Turkey was the fifth largest trade partner of the European Union last year, according to data from the Union’s statistical authority on March 29. In 2016, Turkey’s trade volume with the 28-member bloc was 145 billion euros ($156 billion), comprising 4.2 percent of the overall trade volume of the EU, Eurostat’s report sa...

Trade

Read more

Maintaining Upward Momentum

The chemical sector maintained its upward momentum in the first half of the year, maintaining the third sector’s contribution to the Turkish economy. According to the data of the Association of Exporters of Chemicals and Products of Istanbul (İKMİB); Chemical exports, according to the same period of the year, increased by 11.79 perce...

Chemicals

Read more

Strong Growth in National Defense Industry

With the influence of growth in the domestic market, increased by 21.6 percent last year compared to the previous year.  The Turnover of the defense industry, with the influence of growth in the domestic market, increased by 21.6 percent last year compared to the previous year, reaching about $6 billion, according to a Defense and A...

Manufacturing Trade

Read more

Vital Capillaries of Turkish Export: Defense Industry

Companies partnered with the Turkish Armed Forces Strengthening Foundation are focusing on technological innovation. THe TSKGV’s (Turkish Armed Forces Strenthening Foundation) connected companies ASELSAN, TAI, ROKETSAN, HAVELSAN, İSBİR and ASPİLSAN are committed to research and development in their fields, and have produced many...

Manufacturing

Read more

Turkey Most Active in Encouraging FDI

The World Investment Report 2017 disclosed says that Turkey, which attracted $12.3 billion of FDI in 2016, was the most active in promoting investments by signing seven treaties. Over the last 15 years in particular, Turkey has been focusing on increasing foreign direct investments (FDI). Despite the global decrease in investments and a ...

Trade

Read more

Have You Ever Heard of Vegan Fabric?

World's first vegan fabric produced in Turkey's Bursa by Ipeker Textile.  Ipeker Tetile based in the northwestern Turkish province of Bursa has become the world’s r first producer of vegan fabric. After completing an approval process in Switerland and Germany, the company’s fabric was granted the  'V-Label’ fr...

Manufacturing Trade

Read more

Turkey’s First Fully Homegrown Electric Bus

Turkey's first fully domestic made electric bus was unveiled.  Avenue EV, Turkey's first fully domestic made electirc bus, was unveiled at a ceremony at the Sabanci Center yesterday.  The program was attended by Turkey’s Science, Industry and Technology Minister Faruk Ozlu, CEO of Sabanci Holding Zafer Kurtul, Turkis...

Transportation and Logistics Manufacturing

Read more

Crossing the Bosphorus Undersea

The Eurasia Tunnel, connecting the Asian and European continents underneath the Marmara seabed, was inaugurated with the presence of Turkish leaders and many other foreign guests. Speaking at the opening ceremony,  President Erdogan said the Eurasia Tunnel has been built over the course of four years, stating  that he is confid...

Construction Transportation and Logistics

Read more

Exports Hit An All-Time High Figure for the Month October

During the opening ceremony of the “Export Week 2017” Prime Minister, Binali Yıldırım, Minister of Economy Nihat Zeybekci and the Chairman of Turkish Exporters' Assembly (TİM), Mehmet Büyükekşi announced the export data of October 2017. Commenting on the data, Prime Minister Binali Yıldırım stated that, &ldq...

Trade Manufacturing Chemicals

Read more

Fragrant rose and rose oil

With a history dating back 30 million years, roses and rose oil are in great demand today for their health benefits, as well as their wonderful fragrance. The hallmark of romance and beauty, the rose plant is much older than humans. A source of inspiration in almost every civilization, it has been around for almost 30 million years. This...

Agriculture and Food Trade

Read more

The strategic importance of Turkey's healthcare sectors.

The healthcare sector and its related industries are considered to be of strategic importance in Turkey. This is especially true when taking into consideration these industries’ social and economic impacts. Turkey affirmed its commitment to healthcare reforms with the implementation of the “Healthcare Transformation Program&rd...

Chemicals

Read more

The 5,000-year-old jewellery tradition of Turkish Lands

The 5,000-year-old jewellery tradition of Turkish lands is reflected in the Turkish jewellery industry’s exports to 153 countries. The pleasure of beautiful jewellery and the skill of those who work with it were some of the common grounds for dozens of civilizations that have risen in Anatolia. From the Hittites to the Ottomans, al...

Mining and Metals Trade Manufacturing

Read more

The Turkish Automotive Industry: One of the crucial components of Turkish economy.

Turkish automotive industry plays a crucial role for the country's economy considering the value added it creates, contribution to overall employment figures, tax incomes, demand creation in various sub and related sectors and contributing to the technological development especially in the last years thanks to the development of domestic ...

manufacturing transportation and logistics

Read more

Interest in Real Estate Market

The interest of investors from the European Union is increasing in the Turkish real estate market. EU citizens make up 44 percent of the total 140,832 foreigners who have invested in Turkey by purchasing houses and land in a total worth of 18 billion Turkish Liras. The total number of foreigners who acquired real estate properties reach...

construction trade

Read more

World Bank Upgrades Turkey's Growth Forecast

The World Bank raised Turkey’s economic growth forecast for the year, according to a Migration and Mobility report published on Oct. 19. Economic growth in Turkey is projected to grow 4 percent in 2017, up from the bank’s previous estimate of 3.6 percent since April.“Turkey showed remarkably strong GDP growth after the ...

trade tourism

Read more

The World's Largest Hub

The largest in the world, Istanbul New Airport will have the capacity to host 90 million travelers by the end of the first stage of construction and 150 million upon completion, making it the world's largest transportation hub on the largest plot of land ever designated for an airport facility. Upon completion, Istanbul New Airport w...

transportation and logistics

Read more

An Economic Outlook on Turkey's Impressive Performance over the past 14 years.

Turkey’s economy has performed remarkably well with its steady growth over the past 14 years. A sound macroeconomic strategy, prudent fiscal policies, and major structural reforms have all contributed to the integration of Turkey’s economy into the globalized world while also transforming the country into one of the ...

trade

Read more

Why Set Up Business in Turkey?

“Turkey, which is outside the Arab world, but whose majority of the population is Muslim, appears to be a strong candidate for a larger international role.” in near future says the “Global Trends 2025” report of The National Intelligence Council, which brings together all 16 US intelligence agencies in 2008. ...

trademanufacturing agriculture and food chemicalstransportation and logistics mining and metals constructiontourism

Read more

Ornamental Plants: Not a luxury

The ornamental plant industry is growing fast throughout the world with great business potential, and it is also expanding rapidly in Turkey. The ornamental plant industry is extensive in scope and production diversity, with plants produced, multiplied and grown for aesthetic and business purposes through numerous methods. As important a...

agriculture and food

Read more

The Carpet Industry is Growing Steadily with Endless Investments.

Carpet-making is an art form that Turks brought to prominence and introduced to the world. Over time, it has grown into an industry that creates many jobs, enjoys great export potential, and contributes to various fields. One of the world’s most prominent carpet manufacturers, Turkey is continuously expanding its global market share...

manufacturing trade

Read more

Copyright © 2017 All rights reserved