The power of Turkey’s industrial cities Has had to do with imports, exports, and local products

Turkey’s Industrial Investment

Industrial investment in Turkey is one of the most critical aspects of the Turkish economy; Industry Turkey has expanded and evolved from the 18th century to become one of the world’s largest producing countries, and the Turkish economy, in turn, has jumped from 18th to 13th place globally. Apart from tourism, trade, and the real estate market, Turkey’s industries are limitless, and the industrial sector is a growing and renewable industry. The Turkish government has acknowledged its importance and has strived to construct research institutes with the goal of renewal, keeping up with advances, and securing new shifting needs as a result of rapid technological development, which has had a direct impact on industry development. The Turkish government has provided numerous incentives for industrial investment, including a system of incentives, infrastructure, equipment, and raw materials, the presence of a large consumer market, and Turkey’s good relations with various countries around the world, all of which have contributed to the country’s success. One of the simplest things that encourage industrial investment in Turkey is exporting and importing to the rest of the globe from Turkey.

Industrial Investment in Turkey has the following characteristics:

In addition to the incentives system and the benefits mentioned above, investors in Turkey’s industrial zones can benefit from a variety of advantages, including tax exemption for establishments, from the added value of purchasing land, building and using the facility, real estate tax, and lower water, electricity, and gas costs.

Industrial zones, which are large organized areas designed to allow industrial companies and factories to work in an environment suitable for the implementation of their activities by providing all of the necessary robust infrastructure and all of the essential needs for water, electricity, gas, communications, waste treatment facilities, equipment, and staffing, are allocated by the Turkish government in various parts of the country. Administrative centers exist in each area to properly coordinate workflow, secure job possibilities, and methodically maintain production, as well as scientific research centers to upgrade and develop factories and technology.

Turkey’s Organized Industrial Zones

Turkey’s 322 industrial zones are spread throughout eighty regions. The Turkish government is actively seeking to establish more industrial cities due to the importance of industry and its role in supporting local production and improving the country’s economy in general and per capita income. Two hundred fifty-five areas have been activated, of which work is currently underway, while the remaining areas are under construction, and the Turkish government is actively seeking to establish more industrial cities due to the importance of industry and its role in supporting local production and improving the country’s economy in general and per capita income in particular.

Turkey’s Most Important Industries

Industry Turkey has joined the Group of Twenty industrialized countries, which account for two-thirds of global trade and more than 90% of global crude oil production; it has also become an exporter of a variety of products that importers have well received, and it is now Europe’s leading producer of televisions and light vehicles. One of Turkey’s aims for 2023 is to be among the world’s top five industrially producing countries.

Furniture and furnishings for the home are made.
Production of automobiles and light commercial vehicles.
Industry of building materials and cladding
Industry of food
Textile and garment industries, as well as chemical industries.
Appliance manufacturing industry
Metal-related businesses (copper – iron – steel – aluminum).
The car parts business
Electricity and electronics industries
Industries involving chemicals

Turkey’s plastic manufacturing sector, which accounts for 3% of global plastic output, is emerging as the most critical and successful object of industrial investment in the field of chemicals. Turkey is the second-largest producer of plastic in Europe and the seventh-largest globally.

It is one of the largest paint makers in Europe, ranking sixth in terms of paint production and second in terms of petrochemical imports.

Industry Turkey’s economic expansion has assured the chemical industries sector’s success and substantial profits, in the long run, thanks to the government’s enhanced infrastructure, skilled people, and competitive manufacturing costs.

Industry Turkey

Turkey’s adherence to international quality and safety standards has allowed Turkish cars to compete with the best in the world in terms of efficiency and quality. Turkey has made a name for itself by designing and creating goods for various vehicle brands, including Ford, Fiat, and Volvo. Turkey is ranked first among the world’s largest automobile producers. Around 80% of Turkish output is destined for international markets since it uses Turkey as a production base, much like any other supplier on the planet. In 2017, Turkey exported 986,000 cars to the European market, making it the top exporter.

The following are the most major industrial zones in Turkey

Ostim Industrial District is located in the city of Ostim.

It comprises auto components, medical supplies, chemicals, metallurgical industries, and various food processing plants.

Industrial Zone of the USP

Building materials, metals, plastics, medications, and household appliances are among the industries represented.

Industrial Zone of AITOSP:

It also contains factories that produce chemicals, home, and electrical goods, metals, furniture, and textiles, among other things.

Industrial Area of Organise:

It consists of between 2000 to 3000 factories, the majority of which are engaged in the production of luxury furniture. It distributes furniture across Turkey, as well as exporting it outside Turkish boundaries.

Industrial Zone of Toshab:

It is well-known for its textile sector, which includes textiles, threads, and window treatments.

Despite the outbreak of the Corona epidemic, Turkey continues to make remarkable progress in the industrial field, as evidenced by the opening of more than 500 new factories in a short time in response to market demands, confirming Turkey’s progress furthered a further qualitative leap in the industrial field.

Turkey is a productive country that is also seeking to revitalize its import and export markets. It is currently the world’s twenty-fifth largest export economy and ranks seventh in imports into the European Union. It has a good chance of becoming a member of the European Union because it is a signatory to the Euro-Mediterranean Partnership (Boromed), which aims to improve economic integration among 16 Mediterranean countries and encourages industrial investors to set up businesses and factories in Industry Turkey to tap into the lucrative export market. Cleaning materials, cosmetics, cables, clothing, school tools, furnishings, soap, household appliances, metals (iron, mercury, copper, manganese), and some foodstuffs (figs, grapes, olives, wheat, apples, vegetables), sugar, auto parts, plastic materials, and wood are among the products Turkey exports annually. Gold, machinery, and petroleum account for the majority of Turkish imports.

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