| Turkey is strategically situated at the crossroads of Europe, Asia and the Middle East. Apart from its strategic link to bridge the gap between East and West, Turkey's industry set-up attracts a vast range and mix of investors and companies. With a population of 70 million and a booming tourist sector, Turkey is at the top of the list for Emerging economies. Information technology, telecommunications, energy and construction are all sectors with potential for further market development. In October 2005, Turkey began negotiations with the EU but it has already adopted many European Union directives and regulations to be more in line with the EU.
To be successful in the Turkish market, it is advisable to have a local representative office. This will facilitate the setting-up and regulatory processes required in such a complex market. The government has over these recent years facilitated the laws and requirements for foreign investment and is now very active in attracting such investment and a solid reliable framework.
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