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Business and Investment Environment in Turkey

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News

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Our new technology move makes us proud

We have exerted great effort to achieve indigenous and national production, and I am genuinely pleased to see the results in the headline of this issue that coincides with the 140th anniversary of ICOC’s establishment.

A world-class cultural centre: AKM

Atatürk Cultural Center (AKM), one of Taksim Square’s symbols, was opened upon the completion of reconstruction. AKM’s halls feature the world’s leading technologies in stage mechanics and systems and are equipped with the top mechanisms in acoustic, sound, lighting and displaying systems.

Career opportunities in postgraduate programs

Istanbul Commerce University’s postgraduate programs built, in line with the business world’s demands, are waiting for the students who wish to give their careers a direction and study in Türkiye.

2.5 million tourists getting off the cruise

Located in the Mediterranean basin, Türkiye is quite ambitious in cruise tourism. Türkiye aims to host over 2.5 million cruise tourists in 2022.

Istanbul’s unfading flowers Mosaics and glazed tiles

Anatolia is the centre of the mosaic art we usually see in the decorations of the Byzantine era…Hagia Sofia offers the most fruitful examples of this art branch that originated from Anatolia and extended to other civilizations. Mosaic art is composed of designs built from small materials such as stones and marbles in various colours.

Guiding the business for 140 years

Istanbul Chamber of Commerce (ICOC) celebrates the 140th anniversary of its establishment. In 2022, the Chamber will continue to develop the entrepreneurial ecosystem it has been building with 140 years of experience and open it up to the world. This year, ICOC will include new phases to its projects on women and young people’s enterprises and startup entrepreneurship and continue to be the beacon of business.

Türkiye gaining strength through cooperation in the space race

Turkish Space Agency (TSA) took a critical step on the path leading to membership in the European Space Agency (ESA). Conducting negotiations with EU member countries, TSA also signed a cooperation agreement with Japan. USA, Italy, France and United Kingdom are on the list of TSA.

Base of participation financing

Istanbul is a candidate for the league of the world’s top 10 financial centres in the next ten years with the Istanbul Finance Center project. A significant part of the centre will open this year. The project is expected to provide an inflow of US$ 250 billion to the Turkish economy after 15 years.

Türkiye on environmental-friendly industry’s route

The new industrial investments are expected to focus on the neighbouring countries due to the emission restrictions in Europe. Türkiye ratifying the Paris Agreement offers many advantages for such investments.

Full ahead in naval exports

ASELSAN includes the torpedo countermeasure system and the electronic chart-based navigation system developed for surface and sub-surface systems to its export chain. Türkiye continues to support the peace and stability in its friendly nations by exporting defence systems used the seas as well as products of land, aviation, and space industry.

Fairs

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HANNOVER MESSE 2024

Fluid Power, Hydraulic and Pneumatic, Digital Ecosystems, Energy, Future Hub, Sub-Industry

BUDAPEST INTERNATIONAL BOOK FAIR 2024

Book, Publishing Industry

BAKU INTERNATIONAL BOOK FAIR

Book, Publishing Industry

LONDON BOOK FAIR 2024

Book, Publishing Industry

MIPTV 2024

TV SERIES, MOVIES, CONTENT, TV, PRODUCTION

AUTOMECHANIKA BUENOS AIRES 2024

AUTOMOTIVE INDUSTRY EQUIPMENT AND MATERIALS, AUTOMOTIVE INDUSTRY, AFTERMARKET PRODUCTS AND SERVICES, BATTERIES AND ELECTRONIC SYSTEMS, LUBRICATION EQUIPMENT, SPARE PARTS AND TIRES

ICOC Media

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ICOC Statistical Data

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April 2024 (Istanbul)

SymbolMonthly
 4.89Istanbul Wage Earners Cost of Living Index 4.87Wholesale Price Indexes
SymbolBy End of Year
21.07Istanbul Wage Earners Cost of Living Index19.22Wholesale Price Indexes
SymbolAnnual Variation
78.81Istanbul Wage Earners Cost of Living Index65.94Wholesale Price Indexes
* These datas belongs to Istanbul

Our Institutions & Affiliates

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World Trade Center Istanbul
Teknopark İstanbul
Commercialization Center of Istanbul
Cemile Sultan Facilities
Istanbul Convention & Visitors Bureau
Istanbul Chamber of Commerce Arbitration and Mediation Center
Istanbul Commerce Newspaper

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