Turkey’s official statistics establishments records the substantial increase in demand for Turkish property from Gulf countries, despite the sharp fall in lira.
Recent crisis experienced in value of Turkish Lira against dollar and other major currencies has only strengthened the demand from foreign buyers for property in Turkey.
Marc Faber, known for his forecasts regarding crisis in global financial markets, stated that Turkey had options on alternative co-operations and it was time to invest in Turkish assets.
“What is happening to the Turkish Lira? Why is it in steady decline against the dollar and could it recover sometime soon after all, or should we simply forget about investing in Turkey?”
The requirement of “military permission” for property sales to foreigners in Turkey removed for 16 most popular provinces.
“Şehit Fethi Bey” Park, the largest recreation area of the region was opened with a grand ceremony with the participation of thousands of citizens on 26th July 2018.
Sabiha Gökçen Airport (ISG) which is located in the Asian part of Istanbul increased its performance substantially in the first half of 2018.
Uzungol is a popular tourism center of the Eastern Black Sea located at a height of 1250 meters at a distance of 20 km from Çaykara town. It stands out as a place of "Nature's Wonderfulness" with its natural beauties.
As one of the main players in the Middle East region Turkey has also an important part to play in China’s huge "Belt and Road Initiative" (BRI)
Alibaba, one of the most important online e-trading companies in the world, has invested in Trendyol, one of Turkey’s major e-commerce platforms.