ISTANBUL FASHION
ISTANBUL HOMETEXTILE MANUFACTURERS &
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Dear investor; The last five years have witnessed important developments in terms of foreign capital investments throughout the world and foreign direct investments have experienced a four-fold increase during that period. According to UNCTAD figures, direct foreign investments, which amounted to $331 billion in 1995 reached $1,271billion at the end of 2000. In the last five years, total foreign investments grew by 32.4% on the average, faster than the other economic aggregates like world production, capital formation and world trade. Turkey, situated at the crossroads where two continents meet, is an ideal center for investors looking for a location at the heart of Euro-Asia. With its dynamic and growing economy, huge market, competitive & skilled labor force, Turkey offers numerous opportunities to international investors. The liberal foreign investment legislation and the experience of more than 5500 foreign capital firms ensures a stable and reliable investment environment. At the request of our government, the Foreign Investment Advisory Service (FIAS), a joint facility of the International FinanceCorporation (IFC) and the World Bank, completed a study of the Administrative Barriers to Investment to enhance the foreign direct investment environment in Turkey and the necessary changes are underway. The involvement of foreign capital is highly encouraged in Turkey's privatization program, South-East Anatolian Project (GAP) and major infrastructure projects. Petroleum and natural gas pipelines from the Russian Federation and CIS countries places Turkey at the crossroads of world's future energy resources. Turkey invites international investors from all countries and business sectors to take place in such a promising investment environment. General Directorate of Foreign
Investments The GDFI reserves the right to revise, amend, alter or delete the information provided herein at any time, but shall not be responsible for or liable in respect of any such revisions, amendments, alterations or deletions. While every effort has been made to ensure accuracy the (GDFI) cannot accept responsibility for errors or omissions. |