Why Turkey?

11th largest World economy by Purchasing Power Parity (PPP), behind the UK and before Italy, 4th largest among EU; PPP per capita reaching $27,200.
Highest growth in OECD: GDP grew on average by 5.1%/year since 2002 and planned to grow by 3.3% in 2022.
Low indebtedness: Public debt at 40% of GDP, 3% budget deficit, and the total of all debts (public, households, banks, companies) = 1,2 x of GDP (3,5x in EU, 2,5x in the US).
Customs Union Agreement with the EU since 1996, Free Trade Agreements with 28 countries in the Balkans and the Middle East. Access to 1,5bn customers in EU, Eurasia and the MEA; markets worth $22 trillion of GDP.
Young population of 84.7 million, with a median age of 31, and 13 million youths between 15-24 years old
Access to 60 worldwide destinations in less than 4 hours direct flights from the new Istanbul Airport.
Energy corridor and terminal of Europe. Transport capacity will increase to 221mn tons of oil and 43bn cm3 of natural gas.
Democracy with a secular constitution; Turkish women got the right to vote 10 years before French ones. Western strategic partner; 2nd army in NATO.
Challenges: March 2022 LTM inflation of 61%, TRY/€ LTM devaluation of 39%, T-Bills at 25%, CDS +500, Current account deficit -3.3% and ratings (Fitch B+, S&P B+, Fitch BB-).

Some leading sectors

EU Rankings: 2nd in agriculture and as steel manufacturer, 5th largest automotive producer with 1,5mn vehicles, 2/3 exported. 4th country in GSM users (83mn), in internet users (37mn), and 5th with 71mn credit card users.
Worldwide Rankings: 4th in shipyards, 5th in cement production, 6th touristic destination, 7th largest plastic producer, 8th largest steel producer, 9th in agriculture, 14th in automotive production.
2021 Exports ($225bn; +33%): automotive, machinery, textile, steel, chemicals to Germany, UK, Iraq, Italy, France.
2021 Imports ($271bn; +23%): oil and gas, machines, chemicals from China, Germany, Russia, US, Italy.
42 Turkish firms among the World’s leading 250 construction firms according to ENR, ranked 2nd after Chinese ones.

FDI: $240bn in 19 years.
2021 M&A: 390 deals, $10.1bn (+12%), with 60% foreign investors, mainly from Holland, France, Germany, UK, USA, Austria, Spain, Japan, Czech Republic and UAE.