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NEWSLETTER OCTOBER’

PRESIDENT ERDOĞAN INAUGURATES TURKEY’S LATEST INFRASTRUCTURE PROJECTS Page 2-5

TURKEY TURKEY SET TO BE THIRD UNVEILS LEAST-AFFECTED COUNTRY NEW ECONOMY BY PANDEMIC PROGRAM

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IT VALLEY ALLOCATES FUNDING TO ENTREPRENEURS

Page 9 CEZERI PASSES FIRST FLIGHT TEST Page 8 SOLAR TENDERS FOR 1 GW CAPACITY ALLOCATION IN TURKEY TURKEY’S LARGEST AEROSPACE FESTIVAL TAKES WINGS INVESTMENT OFFICE WEBINARS & EVENTS

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Message from ISTANBUL’S the Investment LATEST CITY Office Alleviating the negative HOSPITAL impacts of the COVID-19 outbreak on its economy COMMISSIONED and ranking as the 3rd least affected country by BY PRESIDENT the pandemic according to the OECD, Turkey focused its attention once ERDOĞAN again on launching new infrastructure projects.

President Recep Tayyip Erdoğan inaugurated Göztepe Prof. Dr. Süleyman Yalçın City Hospital in Istanbul, Ankara-Niğde Highway and Gebze-İzmit section of North Marmara Highway in September 2020.

Also, the Ministry of Treasury and Finance launched the New Economy Program, which outlined the PRESIDENT ERDOĞAN government’s three-year plan to fight the possible disruptive effects of the INAUGURATES ANKARA- pandemic on inflation, growth, current account and macroeconomic targets NIGDE HIGHWAY by paying attention to the Göztepe Prof. Dr. Süleyman Turkey has added yet another achievement to its array of conjunctures of the “new normal”. Yalçın City Hospital was officially infrastructure projects at a time when other parts of the opened in the presence of world are still struggling with the COVID-19 pandemic. On As the Investment Office, President Recep Tayyip Erdoğan September 4, President Recep Tayyip Erdoğan inaugurated we pledge to voice Turkey’s efforts to come on September 5 in Istanbul. Ankara-Niğde Highway. out of the pandemic Delivering remarks at the inauguration Speaking at the inauguration with minimal damage ceremony, President Erdoğan highlighted ceremony, President Erdoğan at global platforms. In infrastructure investments made in said, “We will keep working at full September, the Investment Office participated in healthcare, “Thanks to the strong strength in order to turn 2023, the live events held by or healthcare infrastructure we have built, centennial of our Republic, into the with global institutions shortcomings seen elsewhere in the beginning of a new victory for our such as NUMOV, Doha world, including developed countries, nation.” Bank, World Knowledge have been averted. Our healthcare system Forum, PortXL, Qatar Financial Center and Global stands strong despite the ongoing rise in The 330-km-long highway – Infrastructure Leadership coronavirus cases.” connecting Marmara, Black Sea Forum to present latest and Mediterranean regions – will developments in Turkey. Göztepe Prof. Dr. Süleyman Yalçın City be operated with homegrown Hospital is Istanbul’s fourth city hospital, transportation infrastructure President, Investment Office raising the total number of city hospitals in systems led by 15 staff members at A. Burak DAĞLIOĞLU Turkey to 16. a central hub.

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TURKEY WEALTH FUND CONSOLIDATES STATE-OWNED GEBZE-IZMIT SECTION OF INSURANCE COMPANIES The Turkey Wealth Fund (TWF) has greenlighted the NORTH MARMARA HIGHWAY consolidation of six state-owned insurance companies and all insurers affiliated with Türkiye Sigorta and Türkiye OFFICIALLY OPENS Hayat Emeklilik. President Recep Tayyip Erdoğan has inaugurated the Gebze-Izmit section of North Marmara Highway on The publicity meeting for Türkiye Accordingly, Güneş Sigorta, Halk September 19 via videoconference. Sigorta was held on September Sigorta, Ziraat Sigorta, Vakif 7 at the Presidential Complex in Emeklilik ve Hayat, Halk Hayat Delivering a speech at the “Key indicators regarding the Ankara in the presence of President ve Emeklilik and Ziraat Hayat ve inauguration ceremony, President course of economy signal positive Recep Tayyip Erdoğan. Delivering Emeklilik were acquired by Türkiye Erdoğan placed emphasis on developments, with figures proving a speech at the meeting President Sigorta in order to increase savings transforming Turkey into a world more favorable not just than the Erdoğan said, “The pandemic, and support non-bank financial power by taking “concrete actions.” second quarter but the last year while disrupting global balances, services sector in Turkey. in its entirety. Manufacturing has also opened new windows of “Every step that we take with a and the Purchasing Managers’ opportunities for countries like The need for a reconstruction view to making Turkey a regional Index (PMI) have been above the Turkey that have a high production of the insurance sector has and global power constitutes a 50-threshold for three consecutive capacity. Thanks to its geographical been emphasized during the building stone of this vision,” said months. Scoring 54.3 in August, we location and strong infrastructure announcement of Turkey’s New the president, noting that plans to surpassed even the U.S., Germany, as well as its resilience against Economy Program in recent develop future visions for Turkey France, the entire Euro region and crises and shocks, Turkey is one of years. With the completion of the by 2053 and 2071 were already South Korea. It is highly gratifying the most advantageous countries consolidation process, TWF is underway. that there has been around a to seize these opportunities. As planning to unveil a more dynamic 5.1 percent annual increase in I have previously said, besides public insurance company and Further commenting on the post- manufacturing industry production other areas, the Turkish economy further support the business COVID-19 economy in Turkey, despite the decline in April and will also emerge stronger from the environment in Turkey. President Erdoğan stressed, May.” pandemic.”

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Minister of Treasury TURKEY BASES and Finance ROADMAP ON Berat Albayrak announced the New NEW BALANCING, Economy Program - NEW NORMAL, 2021-2023 (NEP) on September 29, TURKEY SET TO BE NEW ECONOMY in Istanbul. The newly-launched program both 2022 and 2023, while inflation is THIRD LEAST-AFFECTED centers on the three pillars, which expected to stand at 10.5 percent at are new balancing, new normal and the end of 2020 and 8 percent in 2021. COUNTRY BY PANDEMIC new economy and it outlines the Minister Albayrak said, “We expect the Following China and South Korea, Turkey is set to be government’s three-year plan to fight budget deficit/GDP ratio to gradually the 3rd least-affected country by the novel coronavirus the possible disruptive effects of the decline over the program period, pandemic on inflation, growth, current standing at 4.9 percent this year, 4.3 as indicated by the “Economic Outlook, Interim Report” account and macroeconomic targets. percent in 2021, 3.9 percent in 2022 for September 2020, released by the Organization for and eventually dropping to 3.5 percent Economic Co-operation and Development (OECD). Delivering a speech at the press in 2023.” conference, Minister of Treasury and OECD GDP Growth Expectations (2020, %) Finance Albayrak stressed that the new During his speech, Minister Albayrak China 1.8 program would reinforce the confidence also announced that since the S. Korea -1 of investors in Turkey during and after beginning of the COVID-19 outbreak, Turkey -2.9 the pandemic as it had been before. the support packages provided by Indonesia -3.3 the Turkish government has reached Accordingly, Turkey’s year-end GDP TRY 494 billion, and the loan facilities USA -3.8 growth rate is expected to be 0.3 provided by state-owned banks have G20 -4.1 percent, and it is projected to be 5.8 exceeded TRY 267 billion. World -4.5 percent in 2021, and 5 percent in Germany -5.4 Canada -5.8 Japan -5.8 INDICATORS PROVE RECOVERY Brazil -6.5 IN TURKEY’S ECONOMY Russian F. -7.3 Euro Area -7.9 Also, in comparison with the same Bouncing back from the devastating S. Africa -11.5 impacts of the COVID-19 outbreak, month in 2019, retail sales volume

Turkey maintained the upward saw a 11.9 percent boost in July Source: OECD trend in industrial production, retail 2020. Food, drinks and tobacco sales sales and total turnover indices in rose 12.3 percent, whereas non-food OECD has revised upwardly its revised even better thanks to 2020 July. sales increased by 13.9 percent. contraction forecast for Turkey’s our strong economy. We owe a economy in 2020 up to -2.9 profound debt of gratitude to all Turkey’s industrial production index Meanwhile, Turkey’s total percent from -4.8 percent. OECD our healthcare workers and our in July 2020 posted a 4.4 percent turnover index, including industry, has further forecasted a 3.9 laborers who would not give up on increase year-on-year, said Turkish construction, trade and services percent GDP growth rate in 2021 production.” Statistical Institute (TurkStat). sectors, annually jumped 20.2 for the Turkish economy. From a sector-based perspective, percent in the same month. While the Meanwhile, OECD made an manufacturing index took the increase posted by the industry sector Minister of Treasury and Finance upward revision of its global lead with a 5.1 percent increase, was 20.2 percent, construction and Berat Albayrak released a contraction forecast, revising its while electricity, gas, steam and air trade sectors completed the month statement, in which he said, projection from -6 percent in June conditioning supply indices rose by with a rise of 14.9 percent and 32.9 “Hopefully, this forecast will be to -4.5 percent. 1.4 percent in July. percent y-o-y respectively.

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SOLAR TENDERS FOR 1 GW CAPACITY ALLOCATION The signing ceremony for the IT Valley Technology Development Zone Venture Capital Investment Fund (VCIF) was held on IN TURKEY September 5 with Minister of Industry and Technology Mustafa Turkey is poised to invite bids to build 74 solar power Varank, in attendance. plants throughout 36 provinces. The projects will be developed through allocation in exchange for a Use of Domestic Products (YMKT) Model, and will have IT VALLEY PARTNERS UP capacities of 10, 15 and 20 MW. WITH PARTICIPATION BANKS Localization Ratios TO ALLOCATE FUNDING TO Inverter ENTREPRENEURS Solar Module In the absence of localized inverter in the market, Turkey’s two participation banks, Vakıf He underlined that his ministry is ready no localization is required. Katılım and Albaraka Türk, are slated to support innovative entrepreneurs to jointly invest in the new Venture who have brilliant ideas to realize their Capital Investment Fund (VCIF). At the market potential with a high-added ≥ 70% ≥ 51% signing ceremony, Minister of Industry value and to raise competitiveness and Technology Mustafa Varank was in high-tech industry. “We have been cited as saying, “A venture capital fund developing Technology Development will be established for the first time in Zones as ‘mega tech incubators’, where Turkey’s history with the partnership of technology is transferred from concept a technopark and participation banks.” to production, and is globalized through Carrier Construction commercialization,” Minister Varank added. DC Solar Cable Includes solar tracking system if planned in project

≥ 51% ≥ 51%

CEZERI Turkey’s leading UAV and AI developer Baykar announced PASSES FIRST on September 15 that Cezeri, FLIGHT TEST Turkey’s first homegrown flying car, has successfully completed SUCCESSFULLY its maiden flight.

Baykar’s chief technology officer, Cezeri has a smart flight system Selçuk Bayraktar, supervised the and is able to fly fully autonomous. test flight of the 230-kilogram It has proven capable of carrying a prototype car which flew about single passenger so far, but Baykar 10 meters high on September 11. has been working on the prototype Bayraktar asserted, “The next to expand the capacity to two revolution in automotive technology passengers. Once Cezeri passes will be flying cars after the smart all tests, it is expected to join the Solar Modules Capacity Price Guarantee cars and Turkey is poised for future range of other urban means of The projects will Solar power plants Successful bidder will be granted a comprise 74 solar power with capacities of 10 purchase and price guarantee for 15 years, competition.” transport. plants in 36 connection MW, 15 MW or 20 MW which will commence from the signing zones will be built. date of the YEKA Usage Right Agreement.

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TURKEY’S LARGEST Teknofest 2020, the 3rd edition of Turkey’s massive AEROSPACE FESTIVAL aerospace festival, kicked off on September 24 in TAKES WINGS the Gaziantep province in southeastern Turkey. IN GAZIANTEP Organized by the Turkish transportation, from education Technology Team Foundation to helicopter design and jet (T3), the Teknofest Aerospace engine design. and Technology Festival had a busy agenda, with air Participants were incentivized shows, competitions and fairs to vie for a prize pool of taking place over four days. TRY 3 million in total. In 2019, The spectrum of competition prior to the outbreak of the categories varied this year; pandemic, Teknofest convened from biotechnology innovation in Istanbul Atatürk Airport, to agriculture, from the hosting more than 1.7 million environment and energy to visitors.

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INVESTMENT OFFICE WEBINARS & EVENTS

SEP 1 – HOW IS TURKEY PREPARING FOR THE SEP 16 – 21ST WORLD KNOWLEDGE FORUM ‘NEW CHALLENGES’ WITH GERMAN PARTNERS? Turkey’s Minister of Foreign Affairs Mevlüt Çavuşoğlu attended and shared Investment Office and the German Bosch Turkey and Middle East insights at Asia Anew Panel of 21st Near and Middle East Business President Steven Young were among World Knowledge Forum (WKF) via Association (NUMOV) held a digital the speakers at the conference. videoconference on September 16. conference on September 1, entitled “How Is Turkey Preparing for the The conference provided an Investment Office President ‘New Challenges’ with German overview of the current bilateral Burak Dağlıoğlu was also featured Partners?”. Turkey’s Ambassador German-Turkish economic as a speaker at the 21st WKF’s to Germany, Ali Kemal Aydın, relations and the opportunities for “Turkey, Destination for Early Stage Investment Office President Burak German companies to boost their Investments” Panel. Dağlıoğlu, Investment Office investments in Turkey. Director Necmettin Kaymaz and The panel was moderated by the Honorary Chairman of Global Entrepreneurs Foundation (GEF) Derik Kim and was streamed live on YouTube with the participation of representatives from South Korean funds, financial institutions, startups, venture capitals, conglomerates and local media.

SEP 9 – TURKEY AS A REGIONAL SEP 16 – BILATERAL & SYNERGISTIC MARITIME & TECH HUB OPPORTUNITIES BETWEEN QATAR AND TURKEY On September 9, Investment The webinar was attended by Office and PortXL, the world’s Ambassador of Turkey to Singapore On September 16, Doha Bank, one of Ambassador of the Republic of Turkey first port acceleration program for H.E. Murat Lütem, Investment the largest commercial banks in Qatar, to the State of Qatar H.E. M. Mustafa disruptive port innovations, held a Office Director A. Cüneyt Selçuk, held a live event entitled, “Bilateral Göksu, Investment Office President joint webinar entitled “Turkey as a Investment Office Country Advisor & Synergistic Opportunities between Burak Dağlıoğlu, Yapı Merkezi İnşaat Regional Maritime & Tech Hub” on Emre Büyükkılıç among other Qatar and Turkey”, where speakers Sanayi A.Ş. Chairman Başar Arıoğlu, the investment environment and the executives. exchanged views on challenges in the Doha Bank CEO Dr. R. Seetharaman innovation ecosystem of Turkey. business environment and steps to be were featured at the webinar. taken in order to mitigate risks.

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INVESTMENT OFFICE WEBINARS & EVENTS

SEP 18 – 13TH GLOBAL SEP 23 – EMERGING UPCOMING EVENTS INFRASTRUCTURE OPPORTUNITIES: OCT 8 – TRANSFORMATION OF LEADERSHIP FORUM QATAR & TURKEY GLOBAL SUPPLY CHAINS: WHY SHOULD ITALIAN COMPANIES CONSIDER TURKEY AS AN OPTIMAL DESTINATION FOR INVESTMENTS?

Qatar Financial Center held a webinar entitled ‘Emerging Opportunities: Qatar & Turkey’ to discuss Turkey & Qatar’s business The 13th edition of Global landscape on September 23. Infrastructure Leadership Forum were held via videoconference on Officials from the Embassy of the September 18. Republic of Turkey to the State of Qatar, Investment Office and one At the Forum, Zeki Emre Tekin of of Turkey’s leading software and the Investment Office presented systems company in the defence “Turkey’s Investment Opportunities in and ICT sectors Havelsan attended Transport Infrastructure”. the webinar.

SEP 30 – TURKISH-GERMAN ECONOMIC RELATIONS DURING THE COVID-19 PANDEMIC AND THE FUTURE AFTERWARDS OCT 16 – I AMCHAMPION AWARDS 2020

Investment Office Vice President for international investors as an Ahmet İhsan Erdem was featured industrial and investment hub. Turkey and U.S-based at a web panel entitled “Turkish- companies contributing German Economic Relations Turkey’s Deputy Minister of Trade to the Turkey-U.S. During the COVID-19 Pandemic Gonca Yılmaz Batur, Professor at economic cooperation and the Future Afterwards” on Konstanz University of Applied and bilateral relations September 30. Delivering a speech Sciences Erdal Yalçın, German between the two at the panel organized by SETA Association for Economic countries will be Foundation for Political, Economic Development and Foreign Trade and Social Research, Erdem firstly President Michael Schumann and rewarded at the ‘I gave an overview of Investment MR-Plan-Group CEO Claus R. Mayer AmChampion Awards’ Office’s activities and then he were also featured as speakers at Program held by the explained Turkey’s advantages the panel. American Business Forum in Turkey (AmCham Turkey / ABFT). According to the announcement AmCham Turkey’ website made by AmCham Turkey, provides detailed information the award program will about the award categories offer awards in 12 different and application requirements. categories. A business person The deadline for the who contributes to the Turkish- application is October 16, American business dialogue 2020. will be named “the honorand” as well.

14 15 TURKEY: HUB FOR INNOVATION AND GROWTH

Within 4-hours flight, easy access to multiple markets of USD 25 trillion GDP, USD 7.8 trillion trade, and 1.7 billion people.

Booming economy reaching USD 754 billion in 2019, up from USD 236 billion in 2002.

Over USD 220 billion of FDI between 2003-H1 2020, while the total amount of FDI attracted between 1923-2002 stood at USD 15 billion.

ACCESS TO Russia MULTIPLE GDP: $1.66 trillion Import: $240.2 billion MARKETS Population: 144.5 million

Europe

GDP: $20.2 trillion Import: $6.8 trillion Central Asia & Caucasus Population: 600.4 million GDP: $0.3 trillion Import: $81.7 billion Population: 89.1 million

MENA

GDP: $3.61 trillion Import: $751.6 billion Population: 448.9 million

TOTAL GDP: $25.77 trillion Import: $7.9 trillion Population: 1.3 billion

Source: World Bank (2018), Comtrade (2018) NEWSLETTER October’20 NEWSLETTER October’20

AVERAGE ANNUAL REAL GDP GROWTH (%) (2003-2019)

Turkey 5.3 HIGHLIGHTS Ireland 4.6 Poland Israel Slovak Republic 3.8 Chile 3.7 The fastest growing economy in Europe and one of the S. Korea 3.6 fastest growing economies in the world with an average annual Iceland GDP growth rate of 5.3% Estonia 3.0 over the past 17 years. Latvia (2003-2019, TurkStat) Luxembourg Australia Czech Republic New Zealand 2.7 Sweden Mexico SOPHISTICATED CONSUMER BASE Hungary Slovenia Switzerland A population of 83 million, United States Turkey half of which is under the age of 32.4. Canada was the (2019, TurkStat) Belgium fastest growing Norway economy of the Austria Largest youth population United Kingdom OECD members compared with the EU. Netherlands (2019, Eurostat) Germany during Denmark 1.4 2003-2019, Spain 1.4 with an average France 1.3 76.6 million Finland 1.3 annual growth fixed and mobile broadband internet subscribers. Japan 0.8 rate of Portugal 0.7 (2019, ICTA) Italy Greece -0.7 5.3% Source: IMF World Economic Outlook (October 2018) SKILLED AND 220 DEDICATED LABOR FORCE • Investment incentives as well as R&D support. CUMULATIVE FDI INFLOWS • Equal treatment to national and global investors TO TURKEY guaranteed by law. (USD BILLION) Over 32 million More than • 7 days to set up a company young, in Turkey, while it takes an 800,000 students average of 8,5 days in OECD well-educated graduate annually from

high-income countries. (USD BILLION) and motivated professionals. 207 universities. (World Bank Doing Business 2020) 2003-H1 2020 (2019, TurkStat) (2019, CoHE)

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TURKEY’S INFRASTRUCTURAL DEVELOPMENT

According to the European Investment Bank, Turkey ranks 1st in Europe in total value of Public-Private Partnership (PPP) projects during the 2015-2019 period. 8,600 km Total length of motorways (toll roads) in Turkey by 2035 once the 660 km currently under construction and the USD 4,600 km of planned projects 130 billion are completed. Total value of PPP contracts in Turkey during the 2003-2019 period. 5,500 km Total length of high-speed railways in Turkey by 2023 once the planned projects with total length 179 of 4,300 km are completed. Total number of PPP projects in Turkey during the 2003-2019 period.

44,350 35% 65% Expected growth in Number of hospital beds to be introduced Targeted share of renewable Turkey’s total installed once 31 integrated health campuses are sources in Turkey’s total power generation capacity put into operation across Turkey. Of those, installed power generation from 2018 to 2023 (from 20 will be PPP city hospitals with a total capacity (planned increase 88 GW to 110 GW). bed capacity of 30,750. from 59% (52 GW) in 2018 to 65% (72 GW) in 2023).

For more info 200 million invest.gov.tr/en/Sectors/Pages/infrastructure.aspx Annual passenger capacity once all stages of the newly commissioned Istanbul Airport in Turkey are completed.

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“China is Turkey’s third largest trade partner and second largest import partner. As two major emerging economies in the world, it is our wish that the two countries will learn from Following the Toyota Way, we implemented each other and strive towards win-win goals the Toyota Production System to based on mutual needs in various fields.” produce high-quality

ICBC Turkey is a full-license bank provided a wide array of high-quality holding commercial bank, investment financial services for the Turkish motor vehicles bank, and asset management licenses economy. In the future, it will provide with 44 branches and 21 securities a greater contribution to promoting business offices with around 860 economic and social development, and in Turkey.​​ employees. Its branch network will continue to contribute more to the covers areas where the economy and deepening of the mutually beneficial banking industry are active in Turkey and win-win economic and trade (these areas cover nearly 70 percent cooperation between China and Turkey of GDP of Turkey). through the implementation of the “Belt As the world’s largest commercial and Road Initiative”. In the process, bank, ICBC attaches tremendous ICBC Turkey will continue to devote importance to the Turkish market. ICBC effort to building the links of economic Turkey is a young member of the ICBC and trade exchanges between China Group. Based on the growth potential and Turkey, playing the role of a think- of the regional market and the support tank, putting forward strategic and of local regulators and the ICBC group, forward-looking suggestions, taking we aim to become the leading bank of tangible integrated financial services the “Belt and Road Initiative” and the to promote investment and trade Toshihiko KUDO preferred bank of “Chinese elements”. contacts between China and Turkey, President & ​CEO, Toyota Motor Manufacturing Turkey As a key international subsidiary and improving Turkey’s global position of the group, ICBC Turkey has already in the finance industry.

Gao XIANGYANG Chairman, ICBC Turkey

Turkey is very There is a huge need for tires in The core of the Turkish national “ and around Turkey, as well as

45 years of economic agenda, and the key in Europe, Russia, the Middle

value for investors, is a dedicated attractive for East, and North Africa. Turkey effort to promote innovation, has great advantages such as experience enhance competitiveness, and production “ customs duty exemption to the encourage investment in global Customs Union agreement, and value chains. Dow has over 45 also the location of Turkey is very as a domestic years of experience as a domestic and exports convenient for transportation manufacturer in Turkey, and our to these markets. Considering manufacturer new joint venture with AKSA is all, Turkey is very attractive for a key example of how we can production and exports. bring together raw materials, a in Turkey high-skilled workforce, and most In addition, the Turkish importantly a booming downstream government supports foreign customer industry. With a strong, Norifumi FUJIMOTO and local investors from different pro-business government Former President & CEO, aspects such as incentives. At the Andrew N. LIVERIS in Turkey, the investment Sumitomo Rubber Industries Turkey same time, with the help of the Former Chairman & CEO, DOW environment makes sense. And it is Investment Office, we managed also easy to operate, thanks to the to team up with AKO, one of the Investment Office President and biggest tire distributors in Turkey, his entire team. and built a joint venture.

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• Presenting investment opportunities to the investors and providing assistance during all the WHO WE ARE WHAT stages of their investments. • Serving as the reference point for international investors and the point of contact for all institutions WE engaged in promoting and attracting investments at national, Investment Officeis the official organization that: regional and local levels. • Offering free-of-charge services • Promotes the investment environment of Turkey and DO including market information provides assistance to investors. and analyses, site selection, B2B meetings, coordination with relevant governmental institutions, • Reports directly to the President of the Republic of Turkey. and facilitating legal procedures and applications such as establishing business operations, incentive OUR applications, obtaining licenses GLOBAL and work permits. LOCATIONS HOW

WE UK GERMANY

ITALY JAPAN USA HELP SPAIN S. KOREA TURKEY

• Multilingual (Turkish, English, German, S. ARABIA UAE French, Italian, Arabic, Spanish, Chinese, Japanese and Korean) QATAR

• One-Stop-Shop approach SINGAPORE • Result-oriented

• Private sector approach with full confidentiality

• Focusing on high-tech, value-added and employment generating investments.

24 25 VISIT invest.gov.tr

WEB SITE BRAND NEW LOOK

Investment Office, the official investment advisory body of Turkey, is a knowledge-center for foreign direct investments and a solution partner to the global business community at all stages of investments. It provides customized guidance and qualified consulting before, during and after entry into Turkey.

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