DOING BUSINESS IN TURKEY
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4 Doing Business in Turkey<br />
<strong>TURKEY</strong>’S<br />
OUTLOOK<br />
FACTS<br />
3Turkey also plays an<br />
important role as an<br />
energy transit country,<br />
oil and gas supplies from<br />
Russia, the Caspian region<br />
and the Middle East travel<br />
through Turkey to Europe.<br />
1Turkey is situated<br />
between Europe and<br />
Asia, allowing the country to<br />
create a link between three<br />
continents with over 1.5<br />
billion people and a GDP of<br />
USD 25 trillion.<br />
2Turkey’s geographical<br />
location as well as its<br />
logistics capabilities, its<br />
unique positioning at the<br />
intersection of trade routes<br />
and its rapidly progressing<br />
investment climate are the<br />
major factors contributing<br />
to Turkey’s strategic and<br />
regional importance.<br />
4Investors set up<br />
operations in Turkey not<br />
just to reach its domestic<br />
customers but also to<br />
access the surrounding<br />
markets of Europe and Asia.<br />
5OECD and World Bank<br />
forecast that real GDP<br />
growth of Turkey raises an<br />
annual average of 3.5% until<br />
2020.<br />
Centrum Consulting | 2017
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