Turkey is facing an economic stage, led by the flow of investments

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Turkish and foreign investors said that during the coming period, Turkey will be the focus of interest and activity of European investors.

And who will increase the volume of their investments after some international companies recently started directing their production and investments to Turkey.

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Recently, some international companies operating in the furniture, textile, pharmaceutical, and packaging sectors directed their production and investments to Turkey, after the serious disruptions in the global trade movement.

With the start of the economic recovery phase, the disruptions that affected the production chains, especially in the Asian countries, led to the emergence of a deficit in the face of the increasing demand.

It directed several European companies, led by the famous Swedish furniture company IKEA (IKEA).

The Poland-based Readymade Garment Company (LPP) centers its supply to closer and more stable centers such as Turkey.

Also, among the foreign companies are “Boehringer Ingelheim” and “DW Reusables” international, headquartered in Belgium.

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Marek Novakowski, President of the Turkish-Polish Chamber of Commerce, said that the investment environment and incentives in Turkey are very good and that this situation will increase the interest of Polish investors in Turkey.

Novakovsky added: “Turkey has witnessed during the last stage the establishment of a group of foreign direct investments.

It is sourced from European Union countries, in addition to other investments from around the world.

He said, “The chemical industries that are involved in the automobile and construction industries are at the forefront of the sectors that will witness a turnout from Polish investors.”

“During the last stage, Turkey was able to develop the logistical infrastructure and open important railways.”

In addition to the above, the two countries, Turkey and Poland, are preparing to open a railway, which means providing more logistical support to companies operating in the two countries, according to Novakovsky.

In turn, the representative of the Polish-Turkish Chamber of Commerce, Koray Akğluğlu, stated that Polish investors are also interested in the medical equipment and cosmetics sectors.

He added, “Polish investors are aware of the rapid development in these sectors, some Polish companies are planning to open chain stores in Turkey and even production lines.

The next step is to invest in Turkey, whose market size is twice the size of the Polish market.”

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Akğluğlu said that this month will witness the holding of a video conference that will bring together a large group of officials from cosmetic manufacturers operating in Turkey and Poland.

“Polish investors and companies are aware of Turkey’s strength in the Middle East market, and they want to strengthen their fields of activity in this market.

And export their products to the Middle East and North Africa, and even the countries of the Near and Far East.”

For his part, said Tughrul Sharmat, Chairman of the Chamber of Commerce of Turkey, Belgium, and Luxembourg.

Belgium-based international DW Reusables recently announced direct investments in Turkey.

Sharmat added that the disruptions in the global supply chain after the Corona pandemic marked a turning point in economic relations between Europe and Turkey.

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Sharmat pointed out that the movement of investments in Turkey will witness positive developments during the next stage, and that these developments will reflect positively on the volume of foreign trade.

He drew attention to the fact that the problems that occurred in the global supply chain and container supply sector prompted foreign companies to look for alternative resources in nearby geographical areas.

In turn, Kadir Kurtulch, Chairman of the Board of Directors of the Russian-Turkish Trade House, said that Turkey provides many economic advantages to investors.

Including geopolitical location, modern logistics infrastructure, and flexible incentive packages.

He stated that Turkey also provides a safe and independent location for the transfer of energy resources to European countries and that its geographical location positively affects the drop in the value of freight and therefore the cost value.

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Kurtulch stated that approximately 2,130 companies with Russian capital are currently operating in Turkey.

And that cooperation between the two countries in the agricultural sector is increasing in parallel with the continuation of cooperation in many fields.