Turkish Business Outlook 2012” report by DEIK and ISPAT
Source: DEIK
“Turkish Business Outlook 2012”, prepared by DEIK incooperation with ISPAT, aims to introduce Turkey to the global business community and provide key information about current economic issues, the investment climate and the general business framework.
Highlights from the report: Turkey is a manufacturing country, a major producer of a diverse range of industrial products. Turkey has the largest and most dynamic economy in the entire arc of countries from central Europe, down through Balkans and Eastern Mediterranean, through the Middle East and North Africa. Turkey exports to more than 200 countries and has a trade volume of around a $300 trillion. Two thirds of Turkish exports are sent out to the advanced industrial countries of the European Union, North America, and the OECD. Turkey is the sixth largest trading partner of the European Union. In the last 38 years, up until the end of 2010, Turkish contractors have undertaken almost 5.894 projects in 86 countries, with a total value of some $187,3 billion. In 2010, 33 Turkish contracting companies are on the list of “Top 225 International Contractors” announced by the leading international industry magazine “ENR – Engineering News Record”. There are 24 Turkish companies within the list of 100 biggest companies in Islamic world. According to the United Nations Conference on Trade and Development (UNCTAD), Turkey also ranked 23rd in the world and 9th among the emerging markets in terms of attractiveness as an FDI destination. Turkey is also ranked 60 out of 181 economies in Ease of Doing Business Rank of the World Bank, and 15th most attractive economy for the location of FDI in UNCTAD´s World Investment Prospects Survey 2008-2010.

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