Turkey’s developing economy offers lucrative investment opportunities in infrastructure via public private partnership (PPP) across a wide variety of sectors, including transportation, healthcare, and energy.
Turkey has a strong case for investment in infrastructure:
- The Turkish economy exhibits a robust annual GDP growth rate of 5.7%.
- Turkey’s 81-million strong population is growing by an additional 1 million every year; coupled with a rapid urbanization process, this has resulted in more than 20 urban centers with populations over 1 million.
- Turkey’s growing trade volume and strategic location compels the country to develop its infrastructure.
- Turkey has implemented USD 135 billion worth of PPP projects in a variety of sectors.
- Turkey has set ambitious targets to upgrade its infrastructure by 2023, the centennial of the Republic of Turkey.
- From transportation to healthcare to energy, ample opportunities are available in the pipeline.
- Turkey has a favorable investment legislation for PPP investments that can be realized through various models, such as build-operate, build-operate-transfer, transfer of operational rights, etc.
- Turkey’s investment climate is further strengthened by domestic and international laws that protect investments and provide international arbitration.
- Turkey’s macroeconomic policies, investments, and more importantly, strong public finance management, support PPP investments that require guaranteed purchase.