Turkey has always played a significant role in the region of Europe, and for good reason. Turkey has a distinct edge due to its strategic location, and as a result, numerous enterprises have thrived and made enormous profits there for many decades.
Here is a list of the top 8 business sectors in Turkey that are now favorable for any startup. If you’re seeking for profitable company prospects there, these sectors are listed in no particular order. Consider this:
Construction
Similar to the rest of the globe, real estate, the building of private and public spaces, and city redevelopment projects have recently become extremely lucrative trends in Turkey.
Though there are many construction firms, there is a significant difference between developing environmentally and energy-conscious homes and traditional construction.
You can go a long way toward success by studying to be a civil engineer or by launching a construction company using contemporary equipment and technology that addresses issues with energy and the environment.
Tourist Agency
For many foreign tourists, Turkey is a major destination. It draws travelers from all walks of life from around the globe. There are numerous historical locations that are particularly important to Jews, Christians, and Muslims. In addition to the historical landmarks, Turkey offers stunning scenery, a vibrant culture, and travel services that help visitors have an unforgettable vacation.
It wouldn’t be a bad idea to invest in a tourism agency if you are considering doing so. It is a fair opportunity because it doesn’t take much to get started and because the revenues are higher.
Textile
While China continues to dominate, the Turkish textile industry is booming, producing large quantities of ready-to-wear and making a significant contribution to Turkey’s overall GDP.
There are many factories in Turkey that produce goods, chemicals, and unfinished intermediate items. The textile industry is in charge of exporting textiles to countries in Europe. Therefore, because there is a significant return on investment, textile firms are constantly looking for investors. So, get a job in the textile industry, get familiar with how they conduct business, and then invest some money when you’re ready.
Natural Construction Stone
Turkey is an ocean-surrounded nation, thus it is only natural that there would be mountain ranges there. Numerous natural stones are extracted across these marble mountains and exported throughout the rest of the world.
This region is the fourth-largest producer of marble and also produces onyx, turf, limestone, basalt, granite, travertine, andesite, diabase, and slate. But mining and exploration techniques need to be modernized because they are outdated.
Almond farming
Nearly 80% of the hazelnuts consumed worldwide are produced in Turkey. Turkey’s economy is mostly based on agriculture, therefore growing, packing, and exporting hazelnuts is a lucrative industry there. It’s cheap money, there are some clever ways to build up the infrastructure, and the area is fertile for growing hazelnuts.
Information Technology
Only a small number of telecom organizations regularly require a clever individual who can handle the tactical side of information technology because of many strict restrictions by the European Union. There is a great opportunity to invest in information technology because Turkish IT is so far from Silicon Valley.
