Talking about investment opportunities in Turkey, Mr. Korkmaz said that Turkey is the 17th largest economy of the world and has 13th highest FDI inflow in the world (2006).
He said that over 1 million motor vehicles were produced in 2006, for 17 global brands, making Turkey 17th largest producer worldwide.
Qualified and cost-effective labor force, Central location (Europe, Central Asia, Middle East), energy corridor and terminal of Europe, low taxes & incentives and being an EU accession country since October 2005 makes Turkey a highly potential country for investment, added Mr. Korkmaz.
Turkey also has a huge tourism industry with 20.3 million tourists visited Turkey in 2005, ranking it as the 9th most attractive holiday destination in the world, said Mr. Korkmaz. He said that Turkey has high literacy and skilled workforce with every school having broadband internet connection. Turkey has reached 54 million GSM users and 18 million internet users, added Mr. Korkmaz.
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Confederation of Indian Industry