Regulatory and supervisory authorities are established in order to regulate different types of markets, and to supervise and monitor market activities in accordance with these regulations or malfunctions that may occur. Some of the important entities in Turkey are as follows: the Competition Authority, the Energy Market Regulation Authority, the Banking Regulation and Supervision Authority,…
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Infrastructure and Logistics
Energy Infrastructure Turkey has increased its installed power capacity for electricity generation to 73,147 MW in 2015, up from 38,843 MW in 2005. The sector anticipates increasing growth in order to meet the government target of 120,000 MW of installed power by 2023, the centennial celebration of the Republic of Turkey. Source: Turkish Electricity Transmission…
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Macroeconomic Indicators
Fiscal discipline and a tight fiscal policy continue to be the main pillars of Turkey's economic program, and both have contributed substantially to disinflation, as well as to the strong growth performance. In addition to its sound macroeconomic policies, Turkey has implemented a comprehensive and far-reaching structural reform agenda. Compared with the experiences of other…
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FDI in Turkey
FDI Inflow to Turkey (USD billion) Source: Central Bank of the Republic of Turkey FDI Inflow to Turkey by Year *Loans that companies with foreign capital are given by foreign partners Source: Central Bank of the Republic of Turkey FDI Inflow to Turkey by Sector During the last five years, the intermediation and manufacturing sectors…
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Foreign Trade
In 2014, Turkey’s exports reached an all-time high; hitting approximately USD 157.6 billion, with an increase of 4 percent. Foreign Trade Statistics Source: TurkStat Due to the implementation of the liberalization process since the 1980s, the Turkish economy has experienced a period of substantial growth. Foreign trade, in respect of both exports and imports, has…
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Investment Legislation
Turkey’s investment legislation is simple and complies with international standards, while it offers equal treatment for all investors. The backbone of the investment legislation is made up of the Encouragement of Investments and Employment Law No. 5084, Foreign Direct Investments Law No. 4875, the Regulation on the Implementation of the Foreign Direct Investment Law, multilateral…
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New law package aims to boost trust in Turkey’s…
New law package aims to boost trust in Turkey's investment environment Deputy Prime Minister Nurettin Canikli said a draft legislation package to improve the investment environment has been offered to the cabinet of ministers, and the package will include comprehensive regulations on many issues, including problems facing foreign direct investors in Turkey. While the Cabinet…
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