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City Guide > Economy - 15 Mart 2013 Cuma + - Yazdır

Economy

  • One of the driving forces behind the national economy
  • The second largest commercial centre in Turkey
  • A significant industrial base, realizing 9.3% of Turkey's total industrial production
  • Created 48% of the Aegean Region's GDP in 2008
  • Has high potential in motor vehicles, chemicals, industrial machinery & equipment, food & beverage production, renewable energy, tourism, automotive OEM, information & communications technology
  • Has 1743 international companies

A Foreign Tradebase

  • More than 4,000 export companies
  • 4.2% of the total imports and 5.8 % of the total exports of Turkey
  • The traditional export items of Izmir are agro-industry products, machinery and mechanical appliances, automotive components, iron and steel, tobacco, foodstuffs and textile
  • A worldwide reputation for its local products such as cotton, figs, grapes, tobacco, olives and superior quality olive oil
  • With its organized industrial zones including 7 active, 6 under construction and several in project phase, 2 free zones, 1 technology development zone and 4 main trade ports, Izmir is the investment attraction centre of the region.

The number of international companies in Izmir increased by 105% from 2006 to 2012.

Source: Republic of Turkey Ministery of Economy

The most important factors behind this increase were:

  • Izmir's proximity to foreign and domestic markets.
  • access to a high quality workforce
  • low labour rates .
  • a highly developed infrastructure
  • access to raw materials

Breakdown of the Number of International Companies in Izmir by Country of Origin (As of the end of 2010)

Republic of Turkey Prime Ministery Undersecretariat of Treasury

Source:Republic of Turkey Ministery of Economy

 

Government Office Konak-İZMİR
Phone: +90 232 455 82 82 e-mail: izmir@icisleri.gov.tr