Posted on 18 October 2013
Turkey’s on-going efforts to attract foreign investors took the country’s Investment Support and Promotion Agency of Turkey (ISPAT) to US capital Washington this month, where ISPAT President, Ilker Ayci, confirmed strong interest from US investors in opportunities in Istanbul and broader Turkey.
Said Ayci: “These meetings proved that US companies are keenly interested in Turkey but they are not thoroughly informed about our country. We are here to fill that gap. Turkey’s young population is our greatest asset. With half of its population under the age of 30, Turkey is going through a demographic ‘golden age’. And this trend is set to continue for the next 20 years.”
Ayci added that Turkey’s rising middle class with an increasing income is also an important contributor to the country’s economic expansion and dynamism. He also explained that Turkish companies are expanding regionally, with many seeking international partnerships to expand their global footprint.
The ISPAT team has been holding talks with business associations and multinational companies in Washington after it a visit to New York. It has anoother round of investment seminars and meetings lined up in the UK, Germany, France and Japan in the coming months.
Meanwhile, Istanbul was one of the 10 destinations that received the highest increase in the number of searches on the UK’s leading overseas property portal in September. The popularity of Istanbul on Rightmove Overseas indicates a growing awareness of the city’s investment opportunities in its expanding suburbs.