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Turkey Wants to Become 9th Largest Economy by 2050

Published: August 30, 2013; 17:13 · (Vindobona)

Turkey is hoping to become the ninth largest economy worldwide by the year 2050. Growth rates will be around 5.2 percent in the years from 2012 to 2017.

Turkey Wants to Become 9th Largest Economy by 2050 / Picture: © Flickr

Because of its geographic position to serve all regional markets in Europe, the Middle East and Africa, best chances in the Turkish economy are forecast for the construction industry. Strong economic performance as well as a pulsating tourism industry are the reasons why more and more hotel chains operating globally have recently been focusing on acquiring market shares in Turkey.…

This article includes a total of 551 words.

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