Turkey offers excellent opportunities for trade and investment across a range of sectors. The Turkish economy has recovered quickly from a financial crisis in 2001 and has enjoyed strong growth rates over the last few years including 9.9% in 2004 with growth averaging 7.3% since 2004. Growth has been driven in the last two years by an increase in private sector investment and domestic demand.
Turkey is the world's 17th and Europe’s 6th largest economy. The IMF projects Turkey’s Purchasing Power Parity (PPP) adjusted GNP at $ 708 billion in 2007 and $755 billion in 2008. Turkey’s GNP is expected to surpass Australia in 2008 and become one of the top 10 economies in the world by 2050.
The mission was based in Istanbul where specific sectors identified offering opportunity included Environment, Water, Financial Services, ICT, Construction, Agriculture, and Transport. This trade mission offered companies the chance to visit this rapidly expanding market which also offers itself as an important gateway to the Middle East and its neighbouring countries. |
