13 days to SIB’s forum in Turkey |15 September 2012

The Seychelles delegation for the forum, comprising private sector representatives and key government officials, will through different presentations try to convince the Turkish business community to come and invest in Seychelles and do business with Seychellois traders. 

Over the next 13 days leading up to the forum, Seychelles Nation in collaboration with the SIB will bring you a series of facts about Turkey and Istanbul – one of the country’s major cities and financial centre where the forum will be held.

The aim is to explain why it is important at this point in time for Seychelles to tap into this high potential market for foreign direct investment (FDI) in various sectors to boost its own economic development.

This column also serves as a countdown leading to the delegation’s departure and the start of the forum.

Facts about Turkey
 
• The largest TV producer in Europe and more than half of the televisions sold in Europe are made in Turkey  
• The second textiles and clothing supplier to Europe after China
• Europe’s second largest and world’s 10th largest country in iron and steel production    
• The second largest producer of organic cotton (major input in organic textile) producer  
• Second largest construction and contracting industry, ranking behind China  
• Turkish shipyards ranked fourth in the world (behind China, South Korea and Japan) in terms of the number of ordered ships, and also fourth in the world (behind Italy, USA and Canada) in terms of the number of ordered mega yachts  
• The tenth ranked producer of minerals in the world in terms of diversity 
• The world sixth biggest cement producer, second jewelry exporter, second flat glass manufacturer and first boron mineral producer 
• Europe’s third ceramic tile manufacturer, fourth largest telecom market, third big yacht and eighth ship builder