1. Significant Achievements in Economic Development
Over the past 15 years, Turkey's GDP has doubled on average every five years, reaching $851 billion in 2017.As the world's 13th largest economy in 2017; real GDP growth reached 5.0%, ranking first in the OECD, and fifth in comparison with EU countries.
2. Workers are more competitive and create new jobs ranked third in the world.
The number of well-educated young professionals reached 31.6 million. More than 183 universities provide more than 800,000 college graduates annually to the market and 985,000 high school graduates each year, about half of whom graduated from vocational and technical schools. Turkey successfully created 750 million new jobs in 2008-2018, ranking third in the world.
3. Developed and well-developed infrastructure
Infrastructure such as transportation, telecommunications and energy is brand-new and perfect. “Sea transport mechanisms are perfect and cheap; the railway system is superior to all Central and Eastern European countries; and the land transport system is mature and forms a mechanism for direct delivery to most EU countries. “The government spends tens of billions of dollars a year on infrastructure construction.
4. The Population Structure Advantage
2017 Population in Turkey81 million, half of the population is less than 31.7 years old, and the quality of the population is generally higher. Turkey’s demographic structure is more advantageous than that of the EU countries.
5. Free and Standardized Investment Environment
Turkey is the most prominent reform in the OECD the World Bank's Doing Business report describes Turkey as an "environment suitable for business activities," with an average of only 6.5 days to start a company. Turkey has a competitive investment environment, a complete culture of industry and services, and treats all investors equally.
6. Unique location of strategic importance
Global East, West, Nature of the North-South Axis key market entrances. With Turkey in place, it is possible to confront the huge consumer population of 1.7 billion people in Europe, Eurasia, the Middle East, and North Africa, as well as the super-consumption market with a combined GDP of 25 trillion dollars.
7. European Energy Access and Hubs
Turkey is a link connecting eastern and Western Europe and an important energy channel and hub for Europe. Up to 70% of the global share of energy sources is located in Turkey's periphery, and the world's largest energy consumer, Europe's developed countries, are also in the west, making it a key link in energy transport.
8. Integration into the EU Customs Union
Tariffs with the EU in 1996There are 21 countries/regions that have signed FTAs, and more than one FTA is being negotiated. Turkey has officially launched negotiations with the European Union to join the EU, and it will soon appear on the world stage as a member of the EU.
9. Incentive policies for low taxes
Turkey has greatly reduced corporate income tax from 33% to 20%. At the same time, enterprises in development zones, industrial zones, and tax-free zones can also enjoy full or partial exemption from corporate income tax, as well as subsidies for social security payments that employers should bear And incentive policies such as land rationing.
10. Huge domestic market
From 2002 to 2017, Internet broadband users increased from 100,000 to 69 million; mobile communication users increased from 23 million to 78 million; credit card users increased from 16 million to 62.5 million; air travel increased from 33 million to 193 million; inbound The number of tourists increased from 13 million to 38 million.