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Global firms need resistant, reliable partners such as Turkey, Finance Minister Albayrak says

by Anadolu Agency

ANKARA Oct 27, 2020 - 4:34 pm GMT+3
Treasury and Finance Minister Berat Albayrak. (Photo by Saffet Azak)
Treasury and Finance Minister Berat Albayrak. (Photo by Saffet Azak)
by Anadolu Agency Oct 27, 2020 4:34 pm

Global firms need objective, resistant, reliable and dynamic partners like Turkey in the current era, the Turkish treasury and finance minister said Tuesday.

"Turkey is a strong, large market with a middle class with growing purchasing power, rapid economic growth and GDP (gross domestic product) that tripled over the last 20 years," Berat Albayrak stressed at a meeting with foreign investors organized by private lender Citibank.

Turkey offers investors unique opportunities with a production base, educated human resources and strong logistics infrastructure, he underlined.

The coronavirus pandemic showed that dependence on the East Asia region is too risky, he stressed.

Turkey's location at the intersection of three continents, logistics advantage, economy, young population and educated workforce are among its strong features, he added.

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