Vegeu aquest contingut i d'altres relacionats a Anella.cat: http://www.anella.cat/web/portal/experiencies/-/custom_publisher/yB90/28486140/Invertir-a-Turquia-i-incentius-del-govern-turc-per-a-la-inversio ---------------------------- La posició estratègica de Turquia és molt atractiva, al bell mig d'economies emergents, i la seva economia està clarament a l'alça gràcies a la seva productivitat, un mercat potencial de consumidors que no para de créixer i als canvis legislatius del 2003 que van afavorir l'activitat productiva i la inversió estrangera.

1. REPÚBLICA DE TURQUÍA
OFICINA DEL PRIMER MINISTRO
La Agencia de Apoyo y Promociòn de Inversiones
Yasemen KORUKÇU
Representante en España
“El Ámbito de Inversión en Turquía”

2. Index
- TURKEY WITH KEY FIGURES
-TOP REASONS TO INVEST IN TURKEY
-THE AGENCY
- WHY TURKEY?

3. Turkey with
Key Figures…

4. La 17a economía más grande a nivel mundial y 7a más grande en
comparación con los 27 países de la UE en 2011 (IMF)
Turquía tiene la población más jóven comparada
con los 27 países de la UE

5. 54 million credit card
users (2012)
67 million GSM users
(2012 Q3)
19 broadband
subscribers (2012 Q3)

6. Turkey is the 8th largest steel producer in the world and 2nd compared with
the EU countries (worldsteel 2012)
Turkey is the 16th largest automotive producer in the world (OICA 2012)

7. - Turkish Airlines is one of the fastest growing airlines in Europe
-The best airline in Europe (Skytrax 2011 & 2012)
- 131 million airline passengers in Turkey (2012)
- Istanbul Ataturk Airport is the best airport in Southern Europe (Skytrax 2010)

8. Turkey is the 6th most visited holiday destination in the world (2011)
International Tourist
Arrivals
Country
2011
(million)
1. France 79.5
2. USA 62.3
3. China 57.6
4. Spain 56.7
5. Italy 46.1
6. Turkey 29.3
7. UK 29.2
8. Germany 28.4
9. Malaysia 24.7
10. Mexico 23.4
Source: UNWTO ;*Ministry of Culture and Tourism
Out of world’s top 100 best hotels 22 are from Turkey (TUI Holly, 2012)

9. FDI in Turkey

10. Source: Central Bank of Republic of Turkey & Ministry of Economy
Soaring FDI Inflows
5,6
6,7
8,8
11,7
15
18,7
21
23,7
25,5
29,4
32,6
0
5
10
15
20
25
30
35
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
‘000 Number of Companies with
Foreign Capital
15
123
0
25
50
75
100
125
1923-2002 (80 years) 2003-2012 (10 years)
FDI Inflows
($ billion)

11. FDI in Turkey
The Growing Confidence in the Turkish Economy
Source: A.T. Kearney
Foreign Direct Investment Confidence Index 2012

12. Top Reasons to Invest
In Turkey

13. Top reasons
to invest in Turkey
Source: IMF World Economic Outlook, April 2012;
 Dynamic, Stable &
Attractive Economy
 GDP & Income
 Key numbers
 Population
 International Hub
 Structural Reforms
Benchmarking Performance of the
Turkish Economy
Average Annual Real GDP Growth (%)
2002-2011

14. Source: OECD Economic Outlook No.91, June 2012
Let your business blossom in a thriving economy and
promising future
The fastest growing economy among the OECD countries
Average Annual Real GDP Growth (%) Forecast in OECD
2012-2017
Top reasons
to invest in Turkey
 Dynamic, Stable &
Attractive Economy
 GDP & Income
 Key numbers
 Population
 International Hub
 Structural Reforms

15. Source: OSD, Ministry of Transport, TURKSTAT, CBRT, EIU, Ministry of Development *including credit cards
Emergence of a new middle-class
Top reasons
to invest in Turkey
2002 2011
Motor Vehicle Sales (thousands) 174 911
Motor Vehicles in traffic (million) 8,7 16,1
Airline Passengers (million) 33 118
Turkish Citizens visiting abroad (million) 3 6
Stock of Consumer Loans* ($ Billion) 4,2 129,4
Private Consumption per capita ($) 2.390 7.515
Healthcare expenditure per capita ($) 188 657
 Dynamic, Stable &
Attractive Economy
 GDP & Income
 Key numbers
 Population
 International Hub
 Structural Reforms

16. Source: Central Bank of the Republic of Turkey, European Central Bank , FED, Euro Area; 2009
Household Liability % of GDP
Top reasons
to invest in Turkey
17
64
94
0
10
20
30
40
50
60
70
80
90
100
Turkey Euro Area USA
2010
 Dynamic, Stable &
Attractive Economy
 GDP & Income
 Key numbers
 Population
 International Hub
 Structural Reforms

17. Source: TURKSTAT
Stability and High Performance
in the Economy
 Dynamic, Stable &
Attractive Economy
 GDP & Income
 Key numbers
 Population
 International Hub
 Structural Reforms
Top reasons
to invest in Turkey
Annual Inflation
* As of February 2013

18. Top reasons
to invest in Turkey
Source: UN *Number of people between ages of 15 and 64 **[Age 0-14 + Age 65+ ]/ Age 15-64
 Dynamic, Stable &
Attractive Economy
 Population
 Age
 Labor Force
 GDP
 International Hub
 Structural Reforms
Favorable Demographic Trend
Turkey

19. Source: IMD World Competitiveness Yearbook 2012, IMD WCY Executive Opinion Survey based on an index from 0 to 10
Top reasons
to invest in Turkey
Qualified Working Force Indicators 2012
6,1
5,4
5,1
4,7
3,8
3,2
0 1 2 3 4 5 6 7
Turkey
China
Poland
Romania
Hungary
Bulgaria
Availability ofComponent Senior Managers
Dynamic, Stable &
Attractive
Economy
 Population
 Age
 Labor Force
 GDP & Income
International Hub
 Structural Reforms

20. Source: TURKSTAT, Ministry of Development
Productive and Cost-effective Labor Force
Top reasons
to invest in Turkey
Productivity and Unit Wages Index in Industry
(Per Worker; 2005=100)
 Dynamic, Stable &
Attractive Economy
 Population
 Age
 Labor Force
 GDP & Income
 International Hub
 Structural Reforms

21. Top reasons
to invest in Turkey
Source: OECD *Harmonized Unemployment Rate, seasonally adjusted
 Dynamic, Stable &
Attractive Economy
 Population
 Age
 Labor Force
 GDP
 International Hub
 Structural Reforms
Employment Generating Economy
Turkey generated c. 3 million jobs since the onset of the
global financial crisis in 2009

22. Top reasons
to invest in Turkey
Fuente: *MERCER - Pan-European Employer Health Benefits Issues Survey 2008
**EUROSTAT 2011 data
Productive and Rentable Work Force
Horas
Jornada semanal a tiempo completo
Promedio Anual**
Dynamic, Stable &
Attractive Economy
 Population
 Age
 Labor Force
 GDP & Income
 International Hub
 Structural Reforms
Promedio anual de absentismo laboral
(2008) *

23. 4h

24. Top reasons
to invest in Turkey
Source: Respective Companies
Business Capital for Regional HQs
Multinational Companies (MNCs)
MNCs
Number of Countries
Managed from Turkey
Coca Cola 94
GE Healthcare 80
Microsoft 80
Intel 67
Unilever 36
Verifone 30
GlaxoSmithKline 30
BSH 30
Schneider Electric 27
Alstom 26
Ericsson 22
Cargill 20
Pfizer 20
Volvo 18
BASF 18
PepsiCo 14
Dynamic, Stable &
Attractive Economy
Population
 International Hub
 Access to Multiple Markets
Energy Corridor
Structural Reforms

25. Structural Reforms
FDI Law
Expats
International
Arbitrage
Trademark
Protection
Corporate
Income Tax 20%
National
Treatment
Freedom to
Invest
Repatriation of
the Capital
Real Estate
Dynamic, Stable &
Attractive Economy
 Population
 International Hub
 Structural Reforms
Top reasons
to invest in Turkey

26. Source: World Bank Doing Business Reports
Top reasons
to invest in Turkey
Improving Doing Business:
Number of days to set up a company
 Dynamic, Stable &
Attractive Economy
 Population
 International Hub
 Structural Reforms

27. Top reasons
to invest in Turkey
New Turkish Commercial Code
effective as of July 2012
Transparency
Accountability
Institutionalization
Improvement in investment & business
environment
Adoption of institutional management principles
Opportunity to perform legal procedures
electronically
 Dynamic, Stable &
Attractive Economy
 Population
 International Hub
 Structural Reforms

28.  Dynamic, Stable &
Attractive Economy
 Population
 International Hub
 Structural Reforms
Top reasons
to invest in Turkey
Structural Reforms: Yielding Results & Increasing Competitiveness
Global Competitiveness Index
Year
Number of
Countries
Turkey’s
Rank
Turkey’s Rank
(Percentile)
2004 104 66 63,5
2005 117 66 56,4
2006 125 59 47,2
2007 131 54 41,2
2008 134 63 47,0
2009 133 61 45,9
2010 139 61 43,9
2011 142 59 41,5
2012 144 43 29,8
Source: WEF

30. The Agency
• Trabaja directamente con la Oficina del Primer Ministro
• La mentalidad del sector privado con el apoyo del Estado.
• Un equipo plurilingüe
• Ventanilla Única de Inversiones
• 2 oficinas (Ankara y Estambúl)
• Servicio Enfocado a los Resultados
• Según el Reporte de Progreso en Negociaciones con la UE, el
establecimiento de La Agencia es la prueba del mejoramiento
del ámbito de inversión en Turquía.
The Agency

31. Agencía
La Red Internacional
15
representantes
21 países

32. The Agency
for all potential investors!
nTURKEY

34. Turkey: Vision of 2023
2011/12
772 bn USD
75.0 mln
10.469 USD
135 bn USD
%0,86 of GDP
23 bn USD
%9.1
2.236 km
888 km
GDP
Population
Per Capita Income
Export
R&D
Tourism Revenue
Unemployment
Highways
High Speed Rail
Line
2023
2.064 bn USD
82.5 mln
25.076 USD
500 bn USD
%3 of GDP
50 bn USD
%5
7.500 km
10.000 km
34
Why Turkey?

35. 2023 Transport Targets
• 5 new airports to be completed by 2014 – Elazığ, Bingöl,
Hakkari, Şırnak, Ordu-Giresun
• 3rd Istanbul Airport planned for 2015 with a 90m initial
passenger capacity. Tender by first quarter 2013.
• New terminals planned for existing airports
• Canal Istanbul – creation of an artificial waterway
connecting the Black Sea to the Sea of Marmara – US$ 50
bln project
• Major bridge in Çanakkale Straits (US$ 0.875 bln, as part of
Tekirdağ-Çanakkale-Balıkesir motorway worth US$ 3.42
bln)
• Construction and privatization of ports and marinas
(Transfering of Operational Rights & Built – Operate –
Transfer model)
Why Turkey?

36. 2023 Transport Targets - Rail
• 9,978 km new high speed rail lines through 29 cities
– 2 high speed rail lines have been completed (Ankara-Eskişehir,
Ankara-Konya)
– 4 are due to be complete in 2015 (İzmir-Ankara, İstanbul-
Bilecik, Bursa-Bilecik, Gaziantep-Halep)
– 9 more in planning stages:
• Alifuatpaşa-Doğançay tender due in November, Doğançay-
Sapanca in 2013 (part of the Istanbul-Bilecik line)
• 4,997 km new conventional rail lines
• 7,000 km Iron Silk Road (Bulgaria to Georgia, passing through
Istanbul, Ankara, Sivas, Erzurum, Erzincan and Kars)
• Expansion of the Istanbul rail and metro – current 154 km
rail/metro capacity is expected to reach 641 km in 2023
• 8 lines currently at the tender stage (total of over 100 km)
Why Turkey?

37. Urban Infrastructure Projects
• $400 billion investment planned for urban renewal projects
over the next 10 years
• 7 million units of housing
• 50 neighborhoods in Istanbul have been targeted for urban
renewal projects
• 2 new cities to be built in Istanbul with 1 million population
each – construction will start in 2013
• Istanbul Finance Center – planning complete and due to start
construction
• 34 hospital investments currently undertaken with PPP ($US
15bln)
Why Turkey?

38. 38
Opportunities in the Turkish Automotive MARKET
Passenger Car & LCVs Market Forecast (units)
929.326
1.320.000 +
2011 2018
Automotive Market Forecast (units)
Source: McKinsey
264.504
460.000
2011 2018
LVCs
602.248
860.000
2011 2018
PassengerCar
42%
Why Turkey?

39. European automotive market vs. Turkey Car density per 1000 inhabitants
Opportunities in the Turkish Automotive MARKET
Source: Ministry of Finance, IMF
forecast
Purchasing power per capita (USD)
39
3.394
2.334 2.332
1.534
837 791
Why Turkey?

40. Rapid increase in the electricity demand … … and significant growth potential
Per capita electricity consumption - 2010
(KWh)
2,800Turkey
Greece 5,400
Italy 5,700
UK 6,100
Spain 6,200
OECD
Europe 6,250
Germany 7,100
X2.5
Electricity Demand
(TWh)
7.7%
4.0%
Source: Privatization Administration of Turkey,
MENR
6th biggest and one of the fastest growing electricity market in Europe
Opportunities in the Energy Equipment
Why Turkey?

41. According to Goldman Sachs,
Turkey will be the 9th biggest economy in th world and 3rd compared
with all EU countries as of 2050.
1.China
2.USA
3.India
4.Brasil
5.Rusia
6.Indonesia
7.México
8.UK
9.Turkey
10.Japón
Source: Goldman Sachs, 2009
Why Turkey?

42. Increasing Confidence in the Turkish Economy
Source: Respective rating agencies
Turkey’s Sovereign Credit Ratings
S&P Moody’s Fitch JCR
Scale Jan 2010 Feb 2010 Scale Dec 2009
Jan
2010
Scale Dec 2009
Jan
2010
Nov
2012
Scale
January
2010
Februar
y 2010
A A2 A
AAA+
AAA
AAA-
A- A3 A-
A+
A
A-
BBB+ Baa1 BBB+ BBB+
BBB Baa2 BBB BBB
BBB- Baa3 BBB- Turkey BBB-
BB+ Ba1 BB+ Turkey BB+
BB Turkey Ba2 Turkey BB BB Turkey
BB- Turkey Ba3 Turkey BB- Turkey BB- Turkey
B+ B1 B+ B+
B B2 B B
B- B3 B- B-
CCC+ Caa1 CCC+ CCC
CCC Caa2 CCC CC
CCC- Caa3 CCC- C
SD Ca DDD D
D
Investment Grade by Fitch in Nov 2012
Why Turkey?

43. Why Turkey?
 An Attractive and Promising Economy
(de 2002 a 2011, el PIB ascendió de 230 mil millones de $
a 772 mil millones de $)
 Huge and Young Population
(75 million people with average 28.5 age!; 60% of the
population is younger than 35!)
Huge and developing domestic market
Liberal and reformist Investment Environment

44. Why Turkey?
● Qualified Work Force
(more than 27 million of profesional, qualified and
motivated work force)
●Central and Unique Location
●Energy terminal and Corridor of Europe
●Low Tax Rates and Incentives

45. ON

46. Moltes Grácies
www.invest.gov.tr
korukcu.yasemen@invest.gov.tr