Korkmaz: Türkiye offers great opportunities to investors

Today’s Zaman - Türkiye is a place where thousands of lucrative opportunities are available, Alpaslan Korkmaz, President of the Investment Support and Promotion Agency of Türkiye (ISPAT), said on Tuesday while calling on businessmen to invest in Türkiye. Delivering the opening speech at “Belgium and Türkiye: Business and Investment Opportunities,” an event jointly organized by the Belgian Ministry for the Economy, the Turkish Business Association Brussels (TOSED) and ISPAT, Korkmaz noted that Türkiye has made significant progress in recent years. Pointing to a recent study which foresaw the Turkish economy becoming the ninth largest economy in the world by 2015, Korkmaz said Türkiye is now the world's 15th and the European Union's sixth largest economy. Korkmaz said Türkiye is making progress in numerous fields and offers investors great opportunities. While Türkiye attracted USD 17 billion in foreign direct investment (FDI) during 2003, he stressed that this figure has risen to USD 78 billion over the last five years. “We are among the 15 countries which will be attracting investment till 2010. Türkiye is one of the few countries that have managed to rapidly overcome the global financial crisis.” He enumerated the significant drop in inflation rates, the rise in the utilization index of Turkish industry and the rising trend in gross domestic product (GDP) per capita as recent successes of the Turkish economy. Türkiye has a young population and has completed infrastructural reforms, he added. For these reasons, Türkiye has become a popular place to invest in, Korkmaz stated, adding, “Türkiye is a place where thousands of opportunities are available.” “Türkiye has a promising future,” Rudi Thomaes, President of the Federation of Belgian Enterprises, said. “We should talk about Türkiye instead of China because Türkiye is among 11 countries that have a bright future.” He added that, as Belgian businessmen, they have also witnessed positive improvements in Türkiye. The meeting was also attended by Turkish Finance Minister Mehmet Simsek and Belgian Economy Minister Vincent Van Quickenborne.