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Analysis

Going international: Universities take steps to raise foreign student numbers
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Among the many issues attracting the attention of school policymakers in Turkey, one of the most critical is the country’s position in the global higher education market. This has been an area of success over the past several years, as seen by the two-fold increase in international student enrolment at Turkish universities from 15,481 in the 2005/06 academic year to 31,170 in 2011/12. By the year…

Analysis

On the silver screen: Domestic cinema is coming into its own
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While Turkish cinema has been winning awards at international festivals for some years now, its mass media appeal has only recently begun to entice investors. Turkish TV, in particular, has become a major export industry for the country, projecting “soft power” throughout the region while also bringing substantial investment into domestic studios. A virtuous circle is in progress; as the quality…

Analysis

Spreading their wings: Domestic travellers are a growing market
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Turkey is a renowned destination for international holidaymakers and business travellers, yet one of the outstanding successes of recent years has been the rise of domestic tourism – Turks holidaying at home and, increasingly, of travelling abroad. This trend is set to continue too, as economic growth makes a vacation all the more possible for the country’s citizens. After many years of restricted…

Analysis

Encouraging investment: A new raft of incentives is aimed at improving competitiveness
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The Ministry of Economy has issued a number of new incentives to encourage investment in Turkey, along with plans to roll out even more such initiatives in the coming years. Similarly, the Ministry of Industry has issued a new set of incentives aimed at attracting investors in technology start-ups, as well as plans to create investment incentives for the media sector in a bid to attract more foreign…

Overview

Seeds of success: Record foreign investment is propelling modernisation of the sector
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A favourable climate and proximity to both affluent Europe and the dry Middle East make Turkey a global breadbasket and a natural destination for investment. Foreign direct investment in the agriculture sector reached a record high of $2.1bn by October 2012, a 150-fold increase from a decade ago, according to the Ministry of Food, Agriculture and Livestock (MFAL). Incentives for private-sector investment,…

Overview

Hold the phone: New technology adoption fuels growth despite high tax burden
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After the government began privatisation in the 1990s Turkey’s telecommunications network attracted significant foreign direct investment and underwent rapid modernisation. The country’s mobile network is now comparable to that of North America and Western Europe in terms of penetration and services, with fixed-line services already reaching a majority of the population. While government statistics…

Overview

Maturing gracefully: Aspiring to become a year-round destination through niche offerings
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With official figures from 2012 showing foreign arrivals continuing to edge upwards, year-on-year, Turkey has maintained its status as a leading global tourism destination. Indeed, the sector has shown little slowdown despite the economic troubles of its most active market, Europe. Yet there are challenges, not least of which is the way in which rapid growth has threatened the integrity of environmental,…

Overview

Transformative change: Reforms have resulted in significant gains, although mounting costs remain a concern
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Although the health system faces an array of challenges, including human resource shortages, disparities between regions and rising costs, significant gains in the quality and accessibility of care have markedly improved the wellness of Turkey’s population. Moreover, as the Turkish economy becomes more service-oriented, health companies and investors are well positioned to capitalise on growth opportunities…

Overview

Virtual connections: Infrastructure expansion is aiding growth in spite of piracy challenges
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Bolstered by growth in mobile broadband and fibre-optic services, plans for massive 4G expansion, and a young population keen to embrace the latest in technology, IT is one of the fastest-growing sectors in the Turkish economy. Under the government’s expansive Vision 2023 strategy, the country plans to make major strides in internet penetration, technological innovations and research leadership within…

Overview

Ready to achieve: Cultivating human capital to meet development goals
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Although the republic has made great educational progress recently, more must be done to improve quality, ensure equal access and connect students to the world of business. The stakes for reform are high, given the key role the school system must play in facilitating the country’s transition to a more knowledge-oriented economy. “Turkey has reached a pivotal stage in its development,” Mustafa…