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Why Türkiye

Why Türkiye

Türkiye, a dynamic and rapidly growing market characterized by its favourable demographics and scalable industries, has increasingly established itself as a prominent regional hub for various manufacturing processes and comprehensive services.

Since the year 2020, a remarkable number of Unicorns, which are privately-held start-up companies valued at over a billion dollars, along with 2 Decacorns, have notably emerged in the business landscape.

These developments are particularly evident in sectors such as retail and gaming, with the fintech sector also expected to join this impressive lineup in the near future. This remarkable growth can be attributed to the deeply embedded entrepreneurial culture within the country, which is further supported by a recently promoted environment that encourages angel investors and venture capital (VC) investing.

This burgeoning ecosystem is fostering innovation and facilitating the rise of new enterprises.

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Turkiye Highlights

Large Market

One of the largest economies in the world - a G20 Member with a GDP (PPP basis) of over 3 Trillion USD

Strategic Location

Ability to reach 1.2 Bn people within 4 hour flight & working hours intersecting with 16 time zones

Excellent Demographics

85 Mio population, 50% under 33.5 years old, 77% Urbanization, 24 cities with more than 1 Mio Pop.

Trading Nation

With nearly $620 Bn of imports and exports each year,- Türkiye accounts for 1% of world trade and is becoming a regional trading hub

No Debt Problem

The ratios of public and household debt to GDP are respectively 31% and 20%

Scaleable Corporates

Combination of 3G Corporations and innovative SMEs. Vibrant Angel investment scene and several Unicorns/Decacorns since 2020.

Growth Oriented Market

Largest economy in Eastern Mediterranean, chalking up annual GDP growth around 4% since 2000