|
|
- Derek Sullivan
- 5 years ago
- Views:
Transcription
1 Turkey s value proposition and a short note on Turkish Mining Sector (10 November 2016) ABMEC Annual Conference 2016 (Figures and pictures courtesy of Investment Agency of Turkey)
2 10 Reasons to Invest in Turkey Robust Economy Opportunities Domestic market + EU Benign R&D Ecosystem Strategic Location Lucrative Incentives Favorable Demographics EU Perspective EU OPEN for BUSINESS Skilled & Cost-competitive Labor Force Liberal Investment Climate
3 th largest economy in the world with track record growth and bright future 17 th largest economy in the world (GDP, PPP) Annual GDP Growth, % 4.7 Turkey 3.9 Poland 3.4 Romania 2.6 Czech R. 1.6 Hungary 225 Real GDP Growth (Index: 2002=100) Turkey 200 Poland Romania 175 Czech R. 150 Hungary 125 f o r e c a s t 100 Source: IMF World Economic Outlook, April 2016, TurkStat, OECD, NIS
4 Domestic Consumption Investment Expenditures Exports Stocks Robust growth has generated significant economic activity supported a vibrant domestic market, lucrative export opportunities and an entrepreneurial spirit of the private sector.. Turkish Economy has more than doubled over the past 13 years & promising more growth in future Turkish Economy has been driven by a robust domestic market, investment and exports Turkish Economy (GDP at PPP, $Billion) 587 2, Contribution to Real GDP Growth (%) , years Next 6 years -2, ' ' Imports Source: IMF World Economic Outlook, October 2015, TurkStat
5 Domestic market + EU market + Free Trade Area Access to 944 million Consumers in total Custom Union with the EU allows direct access to the EU Market = 510million people = 79million people and 355 million people in 27 countries with Free Trade Agreements: Source: EUROSTAT, Population figures as end-2014 Ministry of Economy * In ratification process
6 Turkey s economic growth has paved the way for the emergence of a sizeable middle-class Doubling Income per capita (PPP) $20,438 $10, million 3.9 million 2.6 million 13.4 million 43.6 million High Income Upper-Middle Income Middle Income Low Income Poor 10.6 million 25.8 million 33.9 million 1.4 million 1.4 million Source: IMF, Pew Research; The poor live on $2 or less daily, low income on $ , middle income on $ , upper-middle income on $ , and high income on more than $50; figures expressed in 2011 purchasing power parities (PPP) in 2011 prices.
7 Turkey s domestic market is further supported by emerging urban centers across Turkey.. 20 cities with population over 1 million
8 Strategic location to manufacture, export and manage Access to 1.5 billion people, $27T GDP & $8T trade at 4 hour flight-distance Connectivity with key markets through road, rail, sea and air.. Europe Central Asia Caucasus MENA Follow and cover markets in 16 times zones from New York to Tokyo Turkish Airlines connect you to 235 destinations in 113 countries
9 Strategic location to manufacture, export and manage Already a manufacturing & export hub for global companies.. As well as a management hub managing dozens of countries from Turkey.. Exporting 85% of its production 90 countries Exporting 77% of its production 80 countries Production base for MENA 67 countries Using Turkey as Super Hub Its largest production facility In the world 52 countries Besides regional proximity to our clients, İstanbul provides appropriate infrastructure, convenient airport links, and a good quality of life for our staff. Dimitris Tsitsiragos, Vice-President, IFC
10 A g e G r o u p s ( % ) A g e G r o u p s ( % ) A favorable demographic structure with half of its population under age 30 TURKEY EUROPE Female Male Female Male 120 Working Age Population (15-64) (Index: 2014=100) 75 Total Dependency Ratio (%) (Age 0-14 & Age 65+) / Age Europe Turkey Europe Turkey Source: Turkstat, Eurostat, UN, 2014
11 Germany EU UK Czech R. Slovakia Hungary Poland Turkey Turkey Poland Hungary Czech R. EU Availability of skilled labor force together with a diligent working culture and costcompetitive edge provides productive capacities.. Availability of Competent Senior Managers, 2014 (10=Available; 0=Unavailable) 6.0 Availability of Qualified Engineers, 2014 (10=Available; 0=Unavailable Turkey Czech Rep. Romania Poland Hungary Turkey Hungary Romania Czech Rep. Poland 36.1 Labor Cost per Hour in Manufacturing ( ) 2012 Annual Average % Increase in Labor Productivity ( ) Source: IMD World Competitiveness Yearbook Executive Opinion Survey based on an index from 0 to 10; Eurostat, OECD
12 China India Russia Canada Brazil US Suisse Poland OECD UK Turkey China Poland India Czech R. Spain German y Suisse Turkey OPEN for BUSINESS Liberal investment climate Foreign Direct Investment (FDI) Law National Treatment No restriction on foreign ownership International Arbitration Guarantee of Transfers Real Estate purchase Employment of Expats Bilateral Investment Protection Treaties with 75 countries Double Taxation Agreements with 80 countries FDI Regulatory Restrictiveness Index, 2015 Number of Days to Set up a Company, =Open to FDI 1=Closed to FDI Source: World Bank, Ministry of Economy, Ministry of Finance OECD
13 EU The EU perspective has further improved Turkey s investment climate, adopting the EU standards and regulations.. Turkey is the only country which has Custom Union with the EU EU accession negotiations in many areas including but not limited to: Enterprise & Industrial Policy Financial Control Company Law Intellectual Property Law Free Movement of Capital Taxation as of 2015, Turkey is the EU s fifth biggest trade partner. Total trade volume between Turkey and EU is 140B. Turkey is also Europe s fourth biggest export and sixth biggest import partner. The EU process has also a positive impact on Turkey s business culture: Modern management practices and skilled manager base Increasing use of English for business Internationallyminded people
14 Lucrative incentives Manufacturing Incentives Employment incentives Special Zones Tax deduction & exemption + Payroll & Training support + Free Zones Tax deduction & exemption + Organized Industrial Zones Developed infrastructure Services Incentives Technology Development Zones R&D and Innovation Incentives Tax deduction for exporting services in; E n g i n e e r i n g A r c h i t e c t u r e D e s i g n S o f t w a r e Medical Reporting Accounting Call Center D a t a c e n t e r EDUCATION H e a l t h c a r e To support R&D Tax deduction & exemption+ Industry Academia Tax deduction & exemption Grants +
15 R&D incentives are further supported by a favorable ecosystem.. Number of Researchers (thousands) 1 Increasing R&D Spending ($ Billion) Turkey Poland Turkey Poland Romania Slovakia Number of Students Enrolled in Doctoral* Studies (Thousand) ' Romania Slovakia Selected Foreign Companies performing R&D in Turkey Turkey Poland Romania Slovakia Source: 1 OECD 2 Eurostat *Doctoral or equivalent level
16 Turkey offers abundant opportunities in the mining sector Major untapped reserves potential Established infrastructure Investor friendly environment Considerations Strong tectonic and magmatic history led to rich underground reserves Tethyan-Laurasia Metallogenic belt covers Turkey high proven potential Mining wealth untapped: Entire Southeastern region which had no drilling since 80s, offers massive potential due to mineral wealth In the other regions, mining has been limited to surface excavations. Big potential with deep drilling In-depth geologic research and data for offered by State Mining Agency (MTA) Reliable power lines and available underground water resources World-leading construction sector offers low cost and on-budget field projects Favorable tax regime corporate tax 4-20% No nationalization threat All mining companies treated same against the law Ownership (transfer) rights clearly defined and protected by law Social permissions have been a challenge, yet recently solved via best practice social programs Sophisticated geology requires expertise and model development professional explorers have an edge SOURCE: McKinsey & Company Team analysis
17 Turkey Mining Outlook Mining reserves in Turkey (as a percentage of world reserves) Iron Copper Phosphate Gold Silver Chromium Barite Diatomite Perlite Pumice Bentonite Na-Feldspar Marble Boron Salts 0.03% 0.29% 0.57% 0.67% 1.06% 1.44% 4.73% 4.81% 8.70% 9.74% 13.40% 19.14% Turkey is one of the richest countries in the world in terms of minerals. It possesses the largest reserves of several minerals % 72.00% SOURCE: General Directorate of Mineral Research and Exploration
18 MAJOR UNTAPPED RESERVES POTENTIAL Major untapped reserves potential Number of exploration companies Exploration spending USD billions Canada Chile 110 1,0 Brazil 57 1,0 Turkey In Turkey, exploration have been ignored for a long while leaving many regions virgin especially SouthEast and Northern Turkey 1 Calculated based on the total amount of drillings multiplied by cost of 1M drilling as USD 1K Source: MEG; Ministry of Economy; McKinsey&Company team analysis
19 Source: CBRT, Ministry of Economy FDI Turkey s value has been appreciated by foreign investors with increasing FDI in Turkey FDI Inflows ($ Billion) 165 Number of Foreign Companies in Turkey ( 000) (30 years) (13 years) Top Investors by FDI stock (%) 14 11,4 11,2 9,7 Top Sectors by FDI Stock (%) 14 Sector Share (%) Manufacturing 33,2 7,2 7,1 6,9 Finance & Insurance 22,1 5,6 5,1 4,8 Information & Communication 13,2 Wholesale & Retail Trade 12,3 Energy 9,9 Mining & Quarrying 2,0 Transportation & Storage 2,0
20 FDI 2015 has been quite a successful year for Turkey.. FDI Inflows to Turkey ($ Billion) % Top Investors in 2015 ($ Million) Spain USA China Netherlands Azerbaijan 786 Russia 747 UK 596 Gulf Countries 457 Germany 387 Japan 360 Malaysia 327 Top Sectors in 2015 ($ Million) Manufacturing Financial Services Transportation & Storage Energy Wholesale & Retail Trade 569 Mining & Quarrying 202 Information & Communication Services 150 N o t a b l e i n v e s t o r s i n Source: CBRT
21 UK is the second largest investor in Turkey with strong commercial and economic relations I n v e s t m e n t T r a d e T o u r i s m 12.4 billion UK FDI 2933 UK companies 13.7 billion trade 2.5 million UK tourists Stock of the UK FDI in Turkey Number of the UK companies in Turkey Exports: 8.8 billion Imports: 4.9 billion British tourists visit Turkey every year Source: CBRT, Ministry of Economy, OECD, ITC Stock of the UK FDI (2014), number of the UK firms (Mar 2016), trade covers goods (2015) and services (2014), tourism: average of the past 5 years.
22 THANK YOU FOR YOUR ATTENTION Ahmet Iplikci
WHY INVEST IN TURKEY?
Why invest in? 10 reasons to invest in.. Robust Economy Opportunities Domestic market + EU Benign R&D Ecosystem WHY Strategic Location INVEST IN Lucrative Incentives TURKEY? Favorable Demographics Business-friendly
More informationREPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey (ISPAT) Investment Climate and Doing Business in Turkey Murat OZDEMIR Country Advisor Canada ozdemir.murat@invest.gov.tr
More informationREPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Investment Climate in Turkey Beautiful landscape Combination of contemporary and traditional Home of many successful
More informationRepublic of Turkey Prime Ministry. Investment Support and Promotion Agency of Turkey ISPAT. Investment Environment of Turkey
Republic of Turkey Prime Ministry Investment Support and Promotion Agency of Turkey ISPAT Investment Environment of Turkey Ahmet Cüneyt Selçuk Chief Project Director AGENDA The Agency Turkey with some
More informationREPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT FT International Financial Centers Global Series: Istanbul Playing to your strengths to adapt, attract and retain
More informationTURKEY: RECENT DEVELOPMENTS January September 2018
TURKEY: RECENT DEVELOPMENTS January September 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years
More informationTURKEY: RECENT DEVELOPMENTS January March 2018
TURKEY: RECENT DEVELOPMENTS January March 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 2 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years 237
More informationTURKEY: RECENT DEVELOPMENTS January June 2018
TURKEY: RECENT DEVELOPMENTS January June 218 3 81 4 698 961 7 34 7 96 9 66 8 98 1 931 1 6 11 2 11 88 11 19 1 883 1 97 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 1 years 237
More informationSector and PPP. inturkey. Ahmet İhsan ERDEM. Republic of Turkey Prime Ministry Investment Support and Promotion Agency.
Infrastructure Sector and PPP inturkey Ahmet İhsan ERDEM Vice Presiden t Republic of Turkey Prime Ministry Investment Support and Promotion Agency Agenda The Agency Why Turkey? General Infrastructure Outlook
More informationEnvironment. of Turkey. Esra DOĞAN TULGAN Senior Project Director. Republic of Turkey Prime Ministry Investment Support and Promotion Agency
Investment Environment of Turkey Esra DOĞAN TULGAN Senior Project Director Republic of Turkey Prime Ministry Investment Support and Promotion Agency Agenda Key Figures on Turkey Top Reasons to Invest in
More informationTURKEY: RECENT DEVELOPMENTS January December 2018
TURKEY: RECENT DEVELOPMENTS January December 18 3 581 4 698 5 961 7 4 7 96 9 656 8 98 1 931 1 56 11 5 11 588 11 19 1 883 1 597 12 48 12 112 Per capita GDP tripled while nominal GDP quadrupled in last 15
More informationTurkey: Recent Developments and Future Prospects. ISBANK Economic Research Division October 2018
Turkey: Recent Developments and Future Prospects ISBANK Economic Research Division October 2018 Macroeconomic Outlook Strong Economic Growth Cycle GDP of 851 bn USD (2017), 10.6k USD (2017) per capita
More information10 reasons to invest in France
October 2009 10 reasons to invest in France IFA Keys to understanding the new France 2 1 An economy with a global outlook Foreign companies employ over 2.8 million people in France at 23,000 different
More informationREPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Investment Climate in Turkey AGENDA Turkey with some key figures FDI in Turkey Top reasons to The Agency Why Turkey?
More informationTurkey: Recent Developments and Future Prospects. ISBANK Economic Research Division May 2018
Turkey: Recent Developments and Future Prospects ISBANK Economic Research Division May 2018 Macroeconomic Outlook Strong Economic Growth Cycle GDP of 851 bn USD (2017), 10.6k USD (2017) per capita Average
More informationTransformative Power of Private Equity in Turkey
tepav Economic Policy Research Foundation of Turkey Transformative Power of Private Equity in Turkey Guven Sak, Berlin, Super Returns Conference 27 February 2012 Slide 2 Framework Current economic environment
More informationMONGOLIA is OPEN. for BUSINESS. Invest Mongolia Agency
MONGOLIA is OPEN for BUSINESS Invest Mongolia Agency WHY INVEST IN MONGOLIA 1. Large mineral resource base that can be leveraged for value added processing 2. Situated between two giant economies, China
More informationCan Malaysia Create Better Returns for Global Investors? Dato Richard Azlan Abas Chief Executive Officer MALAYSIAN DIRECTORS ACADEMY (MINDA)
Can Malaysia Create Better Returns for Global Investors? Dato Richard Azlan Abas Chief Executive Officer MALAYSIAN DIRECTORS ACADEMY (MINDA) Can Malaysia Create Better Returns for Global Investors? Malaysia
More informationIreland, one of the best places in the world to do business. Q Key Marketplace Messages
, one of the best places in the world to do business. Q1 2013 Key Marketplace Messages Why : Companies are attracted to for a variety reasons: Talent Young, flexible, adaptable, mobile workforce. The median
More informationDISCOVER YOUR WAY TO AZERBAIJAN
DISCOVER YOUR WAY TO AZERBAIJAN VALUE PROPOSITION PROVEN TRACK RECORD AND STABILITY STRATEGIC LOCATION FAVOURABLE BUSINESS CLIMATE QUALIFIED WORK FORCE VALUE PROPOSITION PROVEN TRACK RECORD AND STABILITY
More informationPresentation for the Economic Development Committee of the City of Toronto
Presentation for the Economic Development Committee of the City of Toronto Consulate General of the Republic of Turkey June 24, 2014 TORONTO ECONOMIC SUCCESS STORY OF THE STAR AND CRESCENT ECONOMIC SUCCESS
More informationDOING BUSINESS IN INDIA
DOING BUSINESS IN INDIA 15 th August, 1947 Indian Independence 26 th January, 1950 Republic- India New Delhi Mumbai Kolkata State of Orissa Chennai Transportation Hubs International Airports New Delhi
More informationFMConsulting CEO Peter Heidinger gives a presentation on "Market Entry in Turkey" in Investing in Romania, Poland, Turkey and China Conference, Italy.
FMConsulting CEO Peter Heidinger gives a presentation on "Market Entry in Turkey" in Investing in Romania, Poland, Turkey and China Conference, Italy. December 13, 2013 Padova, Italy Eurointerim International
More informationREPUBLIC OF TURKEY PRIME MINISTRY
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey ISPAT Ismail Bitirim Senior Project Director Investment Climate in Turkey Beautiful landscape... Combination of contemporary
More informationTurkey s Saving Deficit Issue From an Institutional Perspective
Turkey s Saving Deficit Issue From an Institutional Perspective Engin KURUN, Ph.D CEO, Ziraat Asset Management Oct. 25th, 2011 - Istanbul 1 PRESENTATION Household and Institutional Savings Institutional
More informationCANADA EUROPEAN UNION
THE EUROPEAN UNION S PROFILE Economic Indicators Gross domestic product (GDP) at purchasing power parity (PPP): US$20.3 trillion (2016) GDP per capita at PPP: US$39,600 (2016) Population: 511.5 million
More informationREPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey
REPUBLIC OF TURKEY PRIME MINISTRY Investment Support and Promotion Agency of Turkey Tunisia Investment Forum IDB G8 - Deauville Partnership Regional Investment Symposium 14 June 2013, Tunisia INVESTMENT
More informationForeign Direct Investment and Ease of Doing Business: Before, During and After the Global Crisis
Foreign Direct Investment and Ease of Doing Business: Before, During and After the Global Crisis Nihal Bayraktar Pennsylvania State University Harrisburg June 27, 2011 Introduction FDI has been seen as
More informationNo. 2. Key Economic Indicators. Bank Austria Economics & Market Analysis Austria
No. 0 Key Economic Indicators Bank Austria Economics & Market Analysis Austria Key Economic Indicators Issue /0 Economic Forecasts for Austria Percentage change over previous year 00 0 0 0 GDP (real)..0
More informationFinancial wealth of private households worldwide
Economic Research Financial wealth of private households worldwide Munich, October 217 Recovery in turbulent times Assets and liabilities of private households worldwide in EUR trillion and annualrate
More informationSingapore. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2012 1 POPULATION Total population a million; as of 1 July 3.52 4.03 4.27 4.59 4.84 4.99 5.08 5.18 Population density persons per square kilometer 5443 5900 6112
More informationMongolia s economy and competitiveness.
Mongolia s economy and competitiveness www.ecrc.mn Economic Policy and Competitiveness Research Center OUR VISION The Economic Policy and Competitiveness Research Center (ECPRC) established in 2010. Formed
More informationLinking Education for Eurostat- OECD Countries to Other ICP Regions
International Comparison Program [05.01] Linking Education for Eurostat- OECD Countries to Other ICP Regions Francette Koechlin and Paulus Konijn 8 th Technical Advisory Group Meeting May 20-21, 2013 Washington
More informationNo. 1. Key Economic Indicators. Bank Austria Economics & Market Analysis Austria
No. 00 Key Economic Indicators Bank Austria Economics & Market Analysis Austria Key Economic Indicators Issue /00 Economic Forecasts for Austria Percentage change over previous year 008 009 00 0 GDP (real).0.8..4
More informationTurkey Macroeconomic Outlook
June 2011 The study analyzes the macroeconomic scenario in Turkey and its effect on the investment prospects. We believe domestic consumption will be strong and the core driver of growth in this new era.
More informationCENTRAL BANK OF THE REPUBLIC OF TURKEY
CENTRAL BANK OF THE REPUBLIC OF TURKEY Growth and Financial System Durmuş YILMAZ Governor February, 211 1 Presentation Outline I. Recent Developments in the Turkish Economy II. III. Monetary Policy Policy
More informationThe Mexican Economy: Now and in the Future
Manuel Sánchez BBVA Investor conference "LATAM: Growth at your fingertips" Milan, Italy, May 10 2012 Index 1 Structural strengths 2 Recent developments and outlook 3 Long term opportunities 4 Consolidation
More informationJanuary 12 th,
www.financeisrael.mof.gov.il Table of Contents 1 Main Indicators 2 Real Economy 3 Foreign Trade and Balance of Payments 4 Labor Market 5 Fiscal Stance 6 Price Stability and Monetary Policy 7 Innovative
More informationMyanmar. Key Indicators for Asia and the Pacific Item
Key Indicators for Asia and the Pacific 2017 1 POPULATION a Total population million; as of 1 October 46.1 46.6 47.1 47.6 48.1 48.5 48.8 49.2 49.5 49.8 50.2 50.6 51.0 51.4 52.0 52.5 52.9 Population density
More informationPriorities of the Government of the Republic of Moldova in the area of attracting investments and promoting exports
Ministry of Economy and Infrastructure of the Republic of Moldova Priorities of the Government of the Republic of Moldova in the area of attracting investments and promoting exports THE REPUBLIC OF MOLDOVA
More informationBATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR
BATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR GENERAL INFORMATION ABOUT GEORGIA Area: 69,700 sq km Population: 3.7 mln Life expectancy: 75 years Official language: Georgian Literacy:
More informationNo. 2. Key Economic Indicators. Bank Austria Economics & Market Analysis Austria
No. 00 Key Economic Indicators Bank Austria Economics & Market Analysis Austria Key Economic Indicators Issue /00 Economic Forecasts for Austria Percentage change over previous year 008 009 00 0 GDP (real)..9..4
More information2012 Canazei Winter Workshop on Inequality
2012 Canazei Winter Workshop on Inequality Measuring the Global Distribution of Wealth Jim Davies 11 January 2012 Collaborators Susanna Sandström, Tony Shorrocks, Ed Wolff The world distribution of household
More informationA short history of debt
A short history of debt In the words of the late Charles Kindleberger, debt/financial crises are a hardy perennial we have been here many times before. Over the past decade and a half the ratio of global
More informationNo. 1. Key Economic Indicators. Bank Austria Economics & Market Analysis Austria
No. 0 Key Economic Indicators Bank Austria Economics & Market Analysis Austria Key Economic Indicators Issue /0 Economic Forecasts for Austria Percentage change over previous year 009 00 0 0 GDP (real).9.9.0.8
More informationLithuania: in a wind of change. Robertas Dargis President of the Lithuanian Confederation of Industrialists
Lithuania: in a wind of change Robertas Dargis President of the Lithuanian Confederation of Industrialists 2017 06 15 Lithuanian Confederation of Industrialists - the largest business organisation in Lithuania
More informationUAE Economy at Glance
UAE Economy at Glance 2 Presentation Outline UAE Vision 2021 UAE Economy UAE Business Environment UAE Key Areas of Development UAE VISION 2021 3 4 UAE Vision 2021 We want to be among the best countries
More informationSnapshot of the Chilean Economy
Snapshot of the Chilean Economy Economy GDP 2012 GDP per capita (PPP, 2012) Actual interest rate (Monetary Policy, Jan 2013) US$ 268 billion (IMF) US$ 18.354 (IMF) 5.0% Unemployment rate (Avg. 2012) 6.5%
More informationSaudi Arabia at a Glance
Invest Saudi Table of Contents Saudi Arabia at a Glance Saudi Arabia Economy Why Invest in Saudi? Key Incentives Available for Investors Strategic Sectors & Opportunities Investments We Value the Most
More informationMENA Benchmarking Report Arab-EU Business Facilitation Network
MENA Benchmarking Report Arab-EU Business Facilitation Network www.ae-network.org September 2014 Agenda Objective of the Report Macroeconomic Analysis Business Environment Index MENA Rankings 2 Objective
More informationNear-term growth: moderating, but no imminent hard landing. Vulnerabilities are growing along the current growth path
1 Near-term growth: moderating, but no imminent hard landing Vulnerabilities are growing along the current growth path financial and structural reform must be accelerated to contain risks and transition
More informationINVESTMENT IN TURKEY General Directorate of Incentive Implementation and Foreign Investment
REPUBLIC OF TURKEY INVESTMENT IN TURKEY General Directorate of Incentive Implementation and Foreign Investment Taipei 21.10.2014 Outline of the Presentation: 1-) General Economic Outlook 2-) Investment
More informationDoing Business in Myanmar. Aung Naing Oo Director General Directorate of Investment and Company Administration
Doing Business in Myanmar Aung Naing Oo Director General Directorate of Investment and Company Administration Outline 1 2 2 3 4 5 6 7 8 9 Highlight of Myanmar Reforms Investment Laws Special Economic Zones
More informationWorld Economic Outlook Central Europe and Baltic Countries
World Economic Outlook Central Europe and Baltic Countries Presentation by Susan Schadler and Christoph Rosenberg September 5 World growth returns to trend. (World real GDP growth, annual percent change)
More informationGlobal Economy is Expected to Grow by 3.4 % in 2016 GDP growth in 2016, %
Russia Brazil Mexico Rest of Latin America Rest of Eastern Europe Middle East and Africa Global Economy is Expected to Grow by 3.4 % in 216 GDP growth in 216, % 9 8 7 6 5 4 3 2 1-1 -2-3 -4 North America
More informationSKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet
SKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet MYTH = GLOBALIZATION GENERATES GROWING ECONOMIC WEALTH AND WELL-BEING FOR ALL Fact: Economic growth boils down to rising
More informationEconomic Stimulus Packages and Steel: A Summary
Economic Stimulus Packages and Steel: A Summary Steel Committee Meeting 8-9 June 2009 Sources of information on stimulus packages Questionnaire to Steel Committee members, full participants and observers
More informationCenter for Transatlantic Relations Johns Hopkins University Paul H. Nitze School of Advanced International Studies
executive summary Center for Transatlantic Relations Johns Hopkins University Paul H. Nitze School of Advanced International Studies Daniel S. Hamilton and Joseph P. Quinlan The Transatlantic Economy 2014
More informationBusiness environment
Business environment A market of 500 million people within the EU Your gate to a market of 500 million customers Hungary Land: 93,030 km² Population: 10 million GDP/capita, at PPP: EUR 14,221/ USD 18,816
More informationEMPLOYMENT RATE IN EU-COUNTRIES 2000 Employed/Working age population (15-64 years)
EMPLOYMENT RATE IN EU-COUNTRIES 2 Employed/Working age population (15-64 years EU-15 Denmark Netherlands Great Britain Sweden Portugal Finland Austria Germany Ireland Luxembourg France Belgium Greece Spain
More informationEUROPEAN UNION SOUTH KOREA TRADE AND INVESTMENT 5 TH ANNIVERSARY OF THE FTA. Delegation of the European Union to the Republic of Korea
EUROPEAN UNION SOUTH KOREA TRADE AND INVESTMENT 5 TH ANNIVERSARY OF THE FTA 2016 Delegation of the European Union to the Republic of Korea 16 th Floor, S-tower, 82 Saemunan-ro, Jongno-gu, Seoul, Korea
More informationAmerican Chamber of Commerce to the European Union (AmCham EU)
EXECUTIVE SUMMARY CENTER FOR TRANSATLANTIC RELATIONS JOHNS HOPKINS UNIVERSITY PAUL H. NITZE SCHOOL OF ADVANCED INTERNATIONAL STUDIES DANIEL S. HAMILTON AND JOSEPH P. QUINLAN THE TRANSATLANTIC ECONOMY 2016
More informationSecond estimate for the first quarter of 2010 EU27 current account deficit 34.8 bn euro 10.8 bn euro surplus on trade in services
109/2010-22 July 2010 Second estimate for the first quarter of 2010 EU27 current account deficit 34.8 bn euro 10.8 bn euro surplus on trade in According to the latest revisions 1, the EU27 2 external current
More informationSecond estimate for the third quarter of 2008 EU27 current account deficit 39.5 bn euro 19.3 bn euro surplus on trade in services
STAT/09/12 22 January 2009 Second estimate for the third quarter of 20 EU27 current account deficit 39.5 bn euro 19.3 bn euro surplus on trade in According to the latest revisions1, the EU272 external
More informationMONGOLIA S FOREIGN INVESTMENT POLICIES AND PERSPECTIVES
MONGOLIA S FOREIGN INVESTMENT POLICIES AND PERSPECTIVES Mr. ENKHBOLD Vorshilov, Director General, Department of Foreign Trade and Economic Cooperation, Ministry of Foreign Affairs, Mongolia KEY FIGURES
More informationWhy Smart Investors Choose France
Why Smart Investors Choose France SUMMARY An attractive place to do business At the heart of the world s largest market, the European Union A productive and dynamic workforce Low set-up costs An innovative
More informationA. Definitions and sources of data
Poland A. Definitions and sources of data Data on foreign direct investment (FDI) in Poland are reported by the National Bank of Poland (NBP), the Polish Agency for Foreign Investment (PAIZ) and the Central
More informationMonetary Policy: A Key Driver for Long Term Macroeconomic Stability
Monetary Policy: A Key Driver for Long Term Macroeconomic Stability Julio Velarde Governor Central Bank of Peru March 2016 Agenda 1. Peru s growth is based on strong fundamentals 2. Recent economic developments
More informationIrish Economy and Growth Legal Framework for Growth and Jobs High Level Workshop, Sofia
Irish Economy and Growth Legal Framework for Growth and Jobs High Level Workshop, Sofia Diarmaid Smyth, Central Bank of Ireland 18 June 2015 Agenda 1 Background to Irish economic performance 2 Economic
More informationNavigator. Now, next and how for business. UAE report
Navigator Now, next and how for business UAE report 2 UAE An oil-price recovery and improving infrastructure will strengthen the UAE s status as a regional trade hub. Higher oil prices and a positive short-term
More informationTurkey and the Emerging. the Global Crisis. Yelda Yücel 14 June 2009 Nicosia
Turkey and the Emerging Market Economies during the Global Crisis Yelda Yücel 14 June 2009 Nicosia Green Shoots in The Global Economy? There are more signs of easing of the global recession in the second
More informationaid flows 13 flows (USD 000, 2009 constant)
AIDFORTRADE AT A GLANCE 2011 Basic indicators Population (thousands, ) 1 6 320 GDP (millions current USD, ) 2 5 939 GDP real growth rate (annual %, ) 3 6.4 GDP per capita, PPP (current international dollars,
More informationIndia s International Trade & Investment
India s International Trade & Investment July 2017 1 Structure of Presentation 1 Indian Economy: A Snapshot 2 Merchandise Trade: A Perspective 3 Services Trade: Recent Trends 4 India s Investment Flows
More informationFinancial law reform: purpose and key questions
Conference on Cross-Jurisdictional Netting and Global Solutions Update on Netting in Asia May 12, 2011 London School of Economics and Political Science Peter M Werner Senior Director ISDA pwerner@isda.org
More informationSTATISTICAL YEARBOOK 2017
STATISTICAL YEARBOOK 2017 May 2017 For further statistical data, links and contacts, please visit the WKO-Internet pages: http://wko.at/statistik and/or http://wko.at/zdf Detailed statistical Information
More informationCHINESE GLOBAL PROPERTY INVESTMENT REPORT JULY 2017
CHINESE GLOBAL PROPERTY INVESTMENT REPORT JULY 2017 CHINESE GLOBAL PROPERTY INVESTMENT REPORT 3 SUMMARY In calendar-year 2016, for the first time ever, mainland Chinese outbound property investments surpassed
More informationSTATISTICAL YEARBOOK 2014
STATISTICAL YEARBOOK 2014 May 2014 For further statistical data, links and contacts, please visit the WKO-Internet pages: http://wko.at/statistik and/or http://wko.at/zdf Detailed statistical Information
More informationIndia: An Attractive Investment Destination. Department of Industrial Policy and Promotion Ministry of Commerce and Industry
India: An Attractive Investment Destination Department of Industrial Policy and Promotion Ministry of Commerce and Industry Indian economy: growth trajectory Indian economy at USD 4531 Billion (in PPP
More informationReport on Finnish Technology Industry Exports
Report on Finnish Technology Industry Exports Last observation October 2018, 2.1.2019 Goods Export of Technology Industry from Finland Goods Export of Technology Industry from Finland by Branches Source:
More informationIran: Untapped Potential
Iran: Untapped Potential Alireza Kolahi CEO Abhar Wire and Cable Executive Chairman Noorin Industrial Holdings Member of Board DigiKala.com President Iran Electrical Industry Association Member of Board
More informationPKO Bank Polski. Poland - an interesting place on the investment map for the Danish entrepreneurs
PKO Bank Polski Poland - an interesting place on the investment map for the Danish entrepreneurs Copenhagen, 29th of April 2014 Leading bank in Poland and CEE The largest universal bank in Poland since
More informationInvestment Climate & Opportunities in Georgia
GEORGIAN NATIONAL INVESTMENT AGENCY Investment Climate & Opportunities in Georgia April, 2011 Georgian National Investment Agency Georgian National Investment Agency was established in 2002 under Ministry
More informationAzerbaijan Export and Investment Promotion Foundation. Azerbaijan Country Presentation
Azerbaijan Country Presentation Basics Establishment: 28 May 1918 Independence: 18 October 1991 Area: Population: Official Language: Government system: Membership in: 86.6 thsd km2 9.48 million Azerbaijani
More informationCapital Access Index 2006 Gauging Entrepreneurial Access to Capital
Capital Access Index 2006 Gauging Entrepreneurial Access to Capital Max = 10 9.0 Hong Kong 8.5 8.0 7.5 7.0 6.5 6.0 5.5 5.0 4.5 40 Source: Milken Institute United Kingdom U.S. India China Brazil Russia
More informationCan Moscow be an International Financial Center?
Can Moscow be an International Financial Center? Moscow By Iftekhar Hasan, who thanks other authors who have provided information either directly or via web What is Important for Developing a Financial
More informationAnnuities: a private solution to longevity risk
Annuities: a private solution to longevity risk Product & Knowledge Fair 2007 Rüschlikon 30 March 2007 Thomas Hess Head of Economic Research & Consulting Veronica Scotti Client Solutions Need for private
More information3 Labour Costs. Cost of Employing Labour Across Advanced EU Economies (EU15) Indicator 3.1a
3 Labour Costs Indicator 3.1a Indicator 3.1b Indicator 3.1c Indicator 3.2a Indicator 3.2b Indicator 3.3 Indicator 3.4 Cost of Employing Labour Across Advanced EU Economies (EU15) Cost of Employing Labour
More information/JordanStrategyForumJSF Jordan Strategy Forum. Amman, Jordan T: F:
The Jordan Strategy Forum (JSF) is a not-for-profit organization, which represents a group of Jordanian private sector companies that are active in corporate and social responsibility (CSR) and in promoting
More informationInternational Economic Outlook
International Monetary Fund September 9, 16 International Economic Outlook Alejandro Werner Director Western Hemisphere Department 1 Global and Regional Developments Relevant Issues Global and Regional
More informationANNEX 2: Summary Tables
ANNEX 2: Summary Tables 41058 v3 Table 1: Financing of Education Expenditures (trillion TL, percent) Source Expenditure on Education (Percent of Total) Public Central Government Revenue 11,890 (61.40)
More informationPRESENTATION BY JACOB A. FRENKEL AT THE FORUM: INTELLIGENCE ON THE WORLD, EUROPE, AND ITALY. Villa d'este, Cernobbio - September 7, 8 and 9, 2012
PRESENTATION BY JACOB A. FRENKEL AT THE FORUM: INTELLIGENCE ON THE WORLD, EUROPE, AND ITALY Villa d'este, Cernobbio - September 7, 8 and 9, 1 Working paper, September 1. Kindly authorized by the Author.
More informationIZMIR UNIVERSITY of ECONOMICS
IZMIR UNIVERSITY of ECONOMICS Department of International Relations and the European Union TURKEY EU RELATIONS ( EU308) FOREIGN DIRECT INVESTMENT IN THE EUROPEAN UNION AND TURKEY Prepared By: Büke OŞAFOĞLU
More information2010 Results. Paris - March 2, 2011
2010 Results Paris - March 2, 2011 > Highlights of 2010 > Financial results > Strategy and outlook 2010 Results 2 2010: A Year of Acceleration Highlights of 2010 Revenue of 3,892m, up 19.1% Operating profit
More informationC W S S u m m i t. Dambisa Moyo 16 May 2012 London
2 0 1 2 C W S S u m m i t Dambisa Moyo 16 May 2012 London Table of Contents I Global Labour Market Picture II Six Labour Market Drivers III The Challenges Ahead 2 Global unemployment (millions) Unemployment
More informationGlobal Construction 2030 Expo EDIFICA 2017 Santiago Chile. 4-6 October 2017
Global Construction 2030 Expo EDIFICA 2017 Santiago Chile 4-6 October 2017 Graham Robinson Global Construction Perspectives Global Construction 2030 is the fourth in a series of global studies of the construction
More informationRalentissement dans les BRIC: faut-il s en inquiéter?
Ralentissement dans les BRIC: faut-il s en inquiéter? Présentation : Andrea Goldstein, Economiste à l OCDE Mercredi 18 décembre 213, 18 rue de Martignac - 757 Paris The BRICs in the International Investment
More informationTHE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION
SOUTH CAUCASUS AND UKRAINE INITIATIVE THE NEED TO ADDRESS FINANCIAL MARKETS DEVELOPMENT IN THE REGION Working Group on Financial Markets Development and Impact of Central Banks 17 November 2009 Warsaw,
More informationCambodia Case on Ensuring inclusive and sustainable FDI in the Natural Resource
Third Meeting of the Asia-Pacific Foreign Direct Investment (FDI) Network for Least Developed and Landlocked Developing Countries Cambodia Case on Ensuring inclusive and sustainable FDI in the Natural
More informationChina s Overseas Direct Investment (ODI): Current situation and future outlook
China s Overseas Direct Investment (ODI): Current situation and future outlook New York Stock Exchange (NYSE) Dr. Qin Xiao Chairman, the Boyuan Foundation January 7, 2015 Agenda A. China s ODI: High Growth
More informationConstruction and Mining Technique
Construction and Mining Technique Atlas Copco Capital Markets Day, December 2, 2008 Björn Rosengren, Business Area President Atlas Copco Capital Markets Day, December 2, 2008 Construction and Mining Technique
More information