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Turkey
- 2. REPUBLIC OF TURKEY(TÜRKIYE CUMHURIYETI) •CAPITAL: ANKARA •CURRENCY: TURKISH LIRA •LARGEST CITY: ISTANBUL •POPULATION: 74 MILLION •OFFICIAL LANGUAGE : TURKISH •LOCATED ON TWO CONTINENTS -- EUROPE AND ASIA
- 3. HISTORY • TURKEY WASPROCLAIMED A REPUBLIC IN 1923, EMERGING FROM THE RUINS OF THE OTTOMAN EMPIRE • WHICH RULED THE MIDDLE EAST, NORTH AFRICA, THE BALKANS AND PARTS OF EASTERN EUROPE FOR OVER 450 YEARS. • FROM 1923 TO 1938, MUSTAFA KEMAL ATATÜRK, THE FOUNDER AND FIRST PRESIDENT OF THE TURKISH REPUBLIC. • TRANSFORMED THE COUNTRY FROM A BACKWARD, FEUDAL STATE TO A PROGRESSIVE NATION WITH A WESTERN OUTLOOK. • ATATÜRK REPLACED THE SHARIA, OR ISLAMIC HOLY LAW, WITH CIVILIAN, TRADE AND CRIMINAL CODES ADOPTED FROM SWITZERLAND, ITALYAND GERMANY.
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- 5. POLITICAL • One ofthe current political strengths in Turkey is that their government have policies on liberalisation. • Turkey is supporters of liberal trade and investment policies which allow open trade between different countries in the EU. • Turkey forged a custom union agreement in 1996 to allow many Turkish firms to get bigger and more successful in the global economy. • Exports have been rising on average at a rate of 10% every year and this will allow the industry to flourish with the exports produced in the Turkey.
- 6. ECONOMICAL • One ofthe current economic strengths in Turkey is that there is a high flow of foreign investment coming from abroad. The investment plays apart in Turkey's speedy expansion and this has been driving the country's economic growth. • The money generated from foreign investment will be used for expanding the infrastructure of the country. • The economy of Turkey is defined as an emerging market economy by the IMF. • Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries. • The country is among the world's leading producers of agricultural products; textiles; motor vehicles, ships and other transportation equipment; construction materials; consumer electronics and home appliances.
- 7. SOCIAL • One ofthe social system strengths in Turkey is that they have growing proportion of young population as they have more than half the population being aged below 30. • This will allow Turkey to increase their employment rate by getting the most out of the young labour force. • This is an advantage for the business and Industry being brought into Turkey as shows there is a healthy supply of young population willing to work so the company could create jobs for these people. • Turkish culture is influenced by the ancient history of Anatolia, the Mediterranean, the Middle east, the Caucasus, eastern Europe, and certainly by the Aegean culture.
- 8. TECHNOLOGY • The Republicof Turkey has long been and continues to be an advocate of raising science and technology to new heights. • One of the technological strength's in Turkey is the significant development in the ICT sector. • Launched in 2004, one of the subsequent triggers in the Turkish model is the conceptualization of the Turkish Research Area (TARAL). • TARAL set into motion a mobilization with which the private and public sectors, together with NGOs, strategically focus and collaborate on R&D and innovation. • The TARAL objectives that are to be achieved are to (a) enhance the quality of life, (b) find innovative solutions to societal needs, (c) increase the competitiveness of the country, and (d) foster and diffuse S&T awareness in society.
- 9. IMPORTS AND EXPORTS IMPORTSEXPORTS Coffee, Tea and Spices: US$ 199.8 million Vehicles: US$17.5 billion (12.1% of total exports) Machinery: US$25.6 billion Machines, engines, pumps: $12.3 billion (8.6%) Electronic Equipment's: US$17.6 billion Gems, precious metals: $11.3 billion (7.8%) Vehicles: US$17.5 billion Knit or crochet clothing: $8.9 billion (6.2%) Tanning, dyeing extracts: $179.3 million Electronic equipment: $8.3 billion (5.8%) Organic Chemicals: US$4.7 billion Iron and steel: $6.6 billion (4.6%) Medical, technical equipment's: US$4.6 billion Oil: $4.5 billion (3.1%)
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- 11. • TOURISM INTURKEY IS FOCUSED LARGELY ON A VARIETY OF HISTORICAL SITES, AND ON SEASIDE RESORTS ALONG ITS AEGEAN AND MEDITERRANEAN SEA COASTS. • IN RECENT YEARS, TURKEY HAS ALSO BECOME A POPULAR DESTINATION FOR CULTURE, SPA, AND HEALTH CARE TOURISM. • THE 6TH MOST POPULAR TOURIST DESTINATION IN THE WORLD Blue Mosque, Istanbul
- 12. Important Monuments Interior ofan early Ottoman mosque in Edirne Interior of the Sultanahmet Mosque in Istanbul, Turkey
- 13. Topkapı Palace, Istanbul Traditionalwaterfront houses, called vali, on the Bosporus
- 14. One of themain entrance gates of the Dolmabahçe Palace Grand Bazaar
- 15. Close up viewof Dolmabahçe Palace from the Bosporus Beylerbeyi Palace from the Bosphorus Centre Anatolia
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- 17. TURKISH AIRLINES • IT ISTHE NATIONAL FLAG CARRIER AIRLINE OF TURKEY, HEADQUARTERED AT THE TURKISH AIRLINES GENERAL MANAGEMENT BUILDING ON THE GROUNDS OF ATATÜRK AIRPORT IN YEŞILKÖY, BAKIRKÖY, ISTANBUL.
- 18. TÜPRAŞ • TURKEY’S ONLYOIL REFINER, OPERATING FOUR REFINERIES WITH A TOTAL CAPACITY TO HANDLE AN ANNUAL 28.1 MN TONS OF CRUDE. • TÜPRAŞ OPERATES FOUR OIL REFINERIES, THREE OF WHICH PROCESS IMPORTED CRUDE OIL. • TUPRAS ALSO OWNS A MAJORITY STAKE (79,98%) IN THE SHIPPING COMPANY DİTAŞ AND, SINCE 2006, A 40% OWNERSHIP OF PETROL RETAILER OPET.
- 19. INDIAN COMPANIES • MORETHAN 150 COMPANIES WITH INDIAN CAPITAL HAVE REGISTERED BUSINESSES IN TURKEY IN THE FORM OF JOINT VENTURES, TRADE AND REPRESENTATIVE OFFICES. • THESE INCLUDE M/S POLYPLEX, GMR INFRASTRUCTURE, TATA MOTORS, MAHINDRA & MAHINDRA , RELIANCE, ISPAT, ADITYA BIRLA GROUP, TRACTORS AND FARM EQUIPMENT LTD., JAIN IRRIGATION, WIPRO AND DABUR.
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