SECTORAL ANALYSIS OF FOREIGN INVESTMENT
Journal Title: Ancient Land - Year 2024, Vol 6, Issue 4
Abstract
Abstract As a principal bridge between Europe and Asia, Turkey attracts high foreign investments in many fields due to its strategic location and strong economic policies. Through this paper, one can get insight into essential sectors like energy, real estate, manufacturing, health, IT, tourism, and agriculture, where massive inflows are recorded, and also it points at the challenges that have to be tackled and opportunities gained. While most of the investment in the energy sector goes into renewable sources such as wind, solar, and geothermal, introducing advanced drilling technologies will go a long way in boosting geothermal production. Real estate investment will also focus on urban development due to rapid urbanization. In contrast, the manufacturing sector will focus on automotive and electronics both vital to the export strategy of Turkey. Other emergent sectors, such as health and biotechnology, have shown demographic and technological changes, hence emerging opportunities in biotechnology and pharmaceuticals. The digitalization of the economy has led to a sustained increase in the demand for digital services. All these combined yield an extremely dynamic business environment where companies grow and fail rapidly, hence great potential in many sectors such as cybersecurity and digital innovation. The rich cultural heritage of Turkey, in general, augments the opportunities in the tourism sector, but it also has to deal with problems such as regional security and political stability. Agriculture continues to be the foundation, but the trend is more toward sustainable practices and organic farming to face the change in climate and resource management. This detailed presentation will guide stakeholders and investors who would like to have a view and navigate through the investment landscape in Türkiye.
Authors and Affiliations
Parviz Mammadov
Keywords
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- EP ID EP748700
- DOI 10.36719/2706-6185/34/76-80
- Views 20
- Downloads 0
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