COUNTRY FOCUS
SECTOR SPECIFICS
• Energy and renewables: with demand for energy growing by 6-8 per cent each year in Turkey, there is a major requirement for overseas investment. The country’s new nuclear programme offers opportunities for UK companies and renewable energy is gaining in importance.
Straddling Europe and Asia, Turkey is a thriving market that can act as a link to business beyond its borders, writes Janet Tibble
Bridging the T
urkey is predicted to be the world’s next trillion-dollar economy following a threefold increase in GDP since 2002. Its growing population, currently around 74m, has an average age of 30, compared with 45 in Europe, and there is a rapidly expanding middle class which is both connected and sophisticated. In addition, Turkey, and in particular Istanbul, is being positioned as a gateway to the less known but notable surrounding countries in the South Caucasus and Central Asia. Indeed, UK Trade & Investment has expanded its team in Istanbul to help support British business in those markets.
26 | springboard |
www.ukti.gov.uk
“We regard Turkey as a launch pad for businesses across the region,” explains Leigh Turner, HM Consul-General Istanbul and Director-General of UK Trade & Investment for Turkey, Central Asia and South Caucasus. “Istanbul has a dense network of air links with Turkish Airlines flying to more countries than any other airline around the world. From here we are able to help UK businesses that want to work with Turkish companies in key markets such as Central Asia, the South Caucasus, Libya, northern Iraq and Egypt.”
Market research by UK Trade & Investment suggests that there are good opportunities
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52