Turkey: 263 investment incentive certificates issued in October 2011

Based on data provided by Ministry of Economy, employment for 9,101 people are foreseen in return for 263 263 investment incentive certificates granted in October 2011.

It is reported that said investments focus on agriculture, mining, manufacturing, services and energy sectors.

In October 2011, the amount of fixed investments realized  totalled upto TL 3. 098 billion and employment  opportunities for 9,101 people were foreseen.

Turkey, with its strong domestic market and quality labor force, has become “a very important production and distribution hub for the region”.

The country is strategically situated at the crossroads of the Middle East, North Africa, Central Asia and Europe and There are also many foreign companies active in Turkey and this country is becoming more of an attraction point day by day.

Moreover, there are an increasing number of regional management centers for global brands based in Turkey.

compiled by Editor, BTT