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Announcements

Economy In Izmir
  • One of the driving forces behind national economy
  • The second largest commercial center in Türkiye
  • A significant industrial base, realizing 8 to 9 % of Türkiye’s total industrial production
  • A productive city creating 13.5% of the total added value created in Türkiye
  • Having 10.4% of the total businesses and 9.7% of the total employment of Türkiye

A Foreign Trade Base

  • Approximately 40% increase in exports in the last three years
  • More than 4,000 export companies
  • 4.1 % of total imports and 6 % of the total export of Türkiye
  • The traditional export items of İzmir areagricultural products, foodstuffs, textiles, clothing, iron and steel
  • A worldwide reputation for its
  • local products such as cotton, figs, grapes, tobacco, olives and superior quality olive oil

FDI in Izmir

  • The number of international companies in İzmir increased by 22% from 2006 to 2007
  • The most important factors behind this increase were:
    • İzmir’s proximity to foreign and domestic markets
    • access to a high quality workforce
    • low labor rates
    • a highly developed infrastructure
    • access to raw materials

Breakdown Of FDI

A selection of major international corporations that have chosen to invest in İzmir:
Japan Tobacco International, KT&G, Philip Morris, Hugo Boss, TESCO, Akzo Nobel, Delphi, Tetra Pak, British American Tobacco, Krone, Rultrans, Schineider Electric