Table of Contents:

Turkey

Turkey is a country at the crossroads where two continents meet and is an ideal center for investors looking for a location at the heart of Euro-Asia. It is larger than most European countries with the capital city of Ankara located in the center of the country.

The major urban centers and the greatest economic development are found in the Marmara, Aegean and Central Anatolian regions, which extend across central and north-western Turkey. The presence of the major cities of Istanbul, Izmir, Bursa and Ankara within these regions has enabled them to emerge as the predominant manufacturing and industrial districts.

The Turkish electronics industry has experienced exceptional growth over the last three years, and is currently the fastest growing manufacturing sector. The country is particularly competitive especially in the two subsectors of consumer electronics and telecommunications.

The experience of more than 4000 foreign capital establishments, including 104 of the Fortune Top 500 companies, confirms Turkey as a predominant investment location. With increasing consumer purchasing power, Turkey offers a huge and dynamic domestic market to investors, including Alcatel, Siemens, Northern Telecom, Ericsson, Marconi, Motorola, Merloni and Nokia.

Investment Promotion Agency:

Mr Onur Ataoglu

Turkish Foreign Investment Department

General Directorate of Foreign Investment

Inonu Bulvari

Emek

Ankara

06510

Turkey

tel: + 90 (0) 312 212 5000

fax: + 90 (0) 312 212 8916

Private Equity in Turkey

Turkey lures private equity:  Even with the unending credit crunch still distressing the economy, one market still seems stable and promising. Turkey has attracted more than $2 billion in private-equity investments during the first half of 2008. Turkish Daily News (08/26/2008)

Places in Turkey:

Istanbul:

Izmir

Izmir is Turkey's third largest city and second most important port with almost 20% of the national exports being serviced by the seaport. The yearly loading capacity is expected to reach 11 million tons by the year 2005. For airborne travel, the regional airport is one of the most modern international airports in Turkey, and offers international and domestic services. The city airport, Adnan Menderes (ADB), is one of the biggest in the country and accommodates several international airline companies and most European charter flights.

Another asset for multinationals in Izmir is the Aegean Free Zone; the most successful free zone in Turkey with a trade volume of 1,2 billion dollars. It is located 4 km from the International Airport and 12 km from the Port of Izmir. It is the only production-oriented free zone in Turkey representing major industries such as electronics, automotive, high technology products, food and packaging, textiles and machinery.

Companies which have decided to invest in Izmir include General Motors, Philip Morris, RJ Reynolds, Citibank, FTC/Lockheed, Delphi, Samsung, Hugo Boss, Akzo Nobel and ABB of Sweden.

Ankara

The capital of Turkey, Ankara is located in the center of the country providing a gateway from Europe into Asia. An International airport connects the city with most countries as well as with other Turkish cities such as Izmir and Istanbul.

Overseas firms with operations in Ankara include Agilient, Cisco Systems, Computer Associates, IBM, Motorola, Oracle and Raytheon.

Web censorship in Turkey:

It doesn’t take much to get your Website banned in Turkey. Pretty much any complaint to a lower court can get a Website blocked in the country. Websites including YouTube, DailyMotion, Alibaba, Slide.com, and some Wordpress blogs have all been banned, usually because of some purported slight to the Turkish government or Mustafa Kemal Ataturk. (The Youtube ban was the result of a sophomoric video claiming Ataturk was gay).

External Links:

Other wikis:

Turkish Culture

• Starting to do Business in Turkey
• Settlement Structure of Turkey
• Turkey Culture, Family Life
• Turkey Education
• The Four Dimensions of Turkish Culture
• Turkish Ceramics Art
• Turkish Language Influences on Business
• Turkish Agriculture
• Islam in Turkey

Turkish Political and Legal System

• Political Parties of Turkey
• Turkey- Business Crimes and Punishments
• Electing a New President
• Human Rights
• Role of President in Turkey
• The Parliament of Turkey
• Law Enforcement in Turkey
• Administrative Divisions
• Turkey Foreign Policy
• Turkey- Military
• Constitution of Turkey

Turkish Economic Markets and Structures

• Wealth Distribution and Economy

Turkish Financial and Capital Markets

• Turkish Two Exchange Markets

Turkish Special Marketing, Human Resources and Finance/Accounting Issues

Turkish Business Strengths and Weaknesses

• Turkish Business Strengths and Weaknesses - Geographic Location
• Turkish Business Strengths and Weaknesses - Labor Market
• Strengths and Weaknesses of Turkey Conducting Business in Turkey
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