In the past several years, the Turkish market has been turned into a more and more safe haven for national and international investments. Although Greece is struggling with crisis, Greek businessmen have chosen neighboring countries to invest in apparently.
The Turkish economy has been developing by 4% per year and the government is offering great incentives and motivation to possible investors in order to attract them. According to a report published by the Greek-Turkish Chamber of Commerce, by 2050 Turkey will have 100 million residents and therefore, a greater demand in goods and services.
Taking into account that these two nations have many similaritie as well as similar eating habits and styles of dress, the Turkish market is offering great opportunities, mostly to Greek commercial companies, to expand their business in Turkey since they can easily enter this market in contrast to other European markets. Moreover, the Turkish people are familiar with many Greek products.
Apart from everyday goods, Greek businessmen are investing in energy companies based in Turkey as well. Over 20 major Greek companies of the energy and material fields have purchased shares of Turkish companies.
Furthermore, professionals of tourism are making extended efforts to attract visitors from the Greece to Turkey and vice versa.