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Why Istanbul?

Your Gateway to Global Business

Istanbul is a globally unique city, offering a wealth of possibilities and opportunities for entrepreneurs.
Key Statistics
Istanbul’s Economy
Accessibility
Labor Force & Talent
Infrastructure
Living in Istanbul

Key Statistic

Istanbul is a strategic center which attracts billions of people.

15 Millions

Population

15 Millions
Turkish Lira

Currency

Turkish Lira

ISTANBUL’S ECONOMY

Istanbul’s Economy Alone is larger than approximately 130 Countries

As the Turkish economy grows with historic records, Istanbul acts as the engine of growth, having US$31 k GDP per capita income to which corresponds more than two times of countries’ average. Compared to the 2001 level, GDP per capita in Istanbul has increased more than fivefold.

The foreign trade volume is US$216 billion, where 75 k companies are dealing with international trade in Istanbul.

9th

Major European City regarding Business FriendlinessFDI Magazine | 2018
istanbul economy graphistanbul economy graph
istanbul economy graphistanbul economy graph

ACCESSIBILITY

Ranks World’s First in terms of Accessibility

Hosting two international airports (Atatürk Airport on the European side and Sabiha Gökçen Airport on the Asian side), and constructing the third international airport, Istanbul is reachable by most of the major international airlines and charters. The city is from 2 to 5 hours from European destinations and 9 hours from North America.

According to the report of Airports Council International 2017 rankings, Istanbul Ataturk Airport ranks the 15th busiest international airport in the world, leaving Denver Airport, Singapore Airport and John F. Kennedy Airport behind.

Turkish Airlines has picked up four awards this year; "Best Airline in Southern Europe", "Best Business Class Onboard Catering", "World's Best Business Class Lounge", and "Best Business Class Dining Lounge" in the 2017 World Airline Awards. Moreover, Turkish Airlines is the #1 in the World flying to the most countries worldwide with 301 destinations in 121 countries.

Istanbul has two railway stations: Haydarpaşa on the Asian side and Sirkeci on the European side. The city can be reached from Belgrade (via Balkan Express), Bucharest (via Bosphorus Express), Budapest (via TransBalkan Express), Kishinev (via Prietenia Express), and Munich (via Istanbul Express).

accessibility-map

LABOR FORCE & TALENT

Skilled and Dynamic Labor Force Shall Make You Globally Competitive

Along with its huge potential in human resources, Istanbul is a city where you can achieve your business goals with utmost accuracy.

$216 billion

International Trade VolumeFDI Magazine | 2018

9th

Major European City regarding Business FriendlinessFDI Magazine | 2018

75k companies

Deailing with International Trade

$449 billion

GDP
access istanbul viewtransportpersonfigure

403,040 Companies Registered in Istanbul Chamber of Commerce

Istanbul Chamber of Commerce (April - 2018)

Housing Sector Comes #1 with 34,933 Companies

Istanbul Chamber of Commerce (April - 2018)

36,653 Companies with Foreign Partners  (61% of Turkey)

Ministry of Economy (February - 2018)

Global, Livable and Safe City

LIVING IN ISTANBUL

Istanbul enjoys being among the safest cities in the World. The Safe Cities report released by the Economist Intelligence Unit is based on an index composed of more than 40 quantitative and qualitative indicators. These indicators are split into four thematic categories: digital security; health security; infrastructure safety; and personal safety.

A city’s quality of living standards is certainly an important element for employers & employees to consider. Istanbul converts itself into a vibrant and limitless city with its countless opportunities and cultural background. The art and culture are so rich in the city that it offers ample choices for social activities.

Turkish Lira

Currency

Turkish Lira
15 Millions

Population

15 Millions
Rank in game studio count

2nd in europe

Rank in game studio count
Fastest Exit ($100M)

21 months

Fastest Exit ($100M)
Fastest Unicorn

23 months

Fastest Unicorn

our partners

Meet our strategic partners supporting Istanbul’s innovative startups.

Türkiye TechVisa
Invest in Türkiye
Turkon Line
Zalando

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