ISTANBUL — Turkey’s adjusted industrial production rose 1.8 percent in July compared to a month earlier, exceeding economists’ forecasts, the country’s statistics agency, TurkStat, announced Monday. The manufacturing industry and electricity, gas, steam and air conditioning supplies made the largest contribution to industrial production in July – something experts said was a result of favorable […]

According to information compiled from the balance of payment data of the Turkish Central Bank (TCMB), the construction service income, income obtained from contracting services performed abroad, in August was around $271 million (TL 607 million), a record in construction service income. The construction income obtained between January and August was also around $780 million, […]

According to Ernst&Young publication ‘Attractiveness survey, Europe 2014, Back in the game’, Turkey is showing the best growth in CEE region about attractiveness to establish operations. There is a growing divergence in the perceived attractiveness of different European countries, and the divide is no longer simply between core and peripheral economies. Western Europe’s rise in […]

Why construction in Turkey Turkish contractors are active in eighty one countries since 1970’s in numerous areas such as industrial buildings, oil refineries, road-tunnel-bridges, international airports and concrete rail transport systems. Their current strategy is to expand in Western and Central African countries, African country and India; whereas increasing their presence in Russia, geographic area […]

The Luxury Hotel Market in Turkey Flourishes In the last few years, Turkey has become a focal point for several international luxury hotel brands due to its growing tourism potential over tha last 10 years. The luxury hotel brands that have partnered with local investors and have entered the Turkish Market include Viceroy, Mandar in […]

If you plan to do an investing in Turkey, there are 3 main sectors you should to consider: Property, stocks and banking. Each sector has its own risks and rewards, therefore you ought to think twice and do some analysis before finance your cash. Property For most of the investors buying properties in Turkey is […]