ECONOMIC OUTLOOK ( MARKET OPORTUNITIES )

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MARKET OPORTUNITIES
Due to her geographical location, economic structure, huge potential and high growth rate Turkey is a world class country, and a candidate for full membership of the EU.

Izmir's agricultural and industrial production makes her one of he most important cities of Turkey. The GDP of Izmir has a share of 7.7% in the total GDP of Turkey. With regard to per capita GDP Izmir occupies a position of major importance in Turkey. The per capita bank deposit in Izmir is 26% higher than Turkey's average. Due to her geographical location Izmir is the gateway to Asia, the Far Eastern markets and the Turkic Republics.

Her favourable climatic conditions and geological structure allow all kinds of transportation. The planned construction of a second port will without doubt facilitate the commercial activities of the city. The fact that 10% of the total exports and imports of Turkey are serviced by Izmir indicates the significant role Izmir and the Aegean Region play in the Turkish economy. When taking into account all the additional advantages offered by the Aegean Free Zone the attractiveness of Izmir for foreign investment becomes obvious.

Izmir offers all the cultural and technical infrastructure as well as the natural and human resources that are necessary for all kinds of investments in a wide spectrum ranging from food to heavy industry.

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