Istanbul, the capital of many civilizations throughout history and carries its strength from its past to the future. With its dynamic habitat and cosmopolitan structure, Istanbul offers new economic opportunities as well as its cultural attraction.
A Global Bridge
Istanbul plays an important role in the cultural, political and economic areas in the region with its intercontinental bridge mission connecting Europe and Asia. Located on the important trade routes of the world such as the Silk Road and Spice Trade routes from past to present, Istanbul continues to this role with Belt and Road Initiative Project, aiming to create a continuous global trade route from Beijing to London by revitalizing the Silk Road.
Located at the intersection of global connections, Istanbul is in the middle of a global trading volume of 30 trillion dollars with a population of 1.6 billion and with a 4-hour flight distance. Due to its geographical location, 4 hours of daily working hours in İstanbul coincides with Asian countries and 6 hours with European countries. With this feature, Istanbul can play an important role in the markets and can be positioned as an active business center.
With a capacity of 200 million passengers, almost every day Istanbul Airport hosts millions of guests from 124 different destinations with the title of “the second most progressive airport” among the airports that host the most passengers in the world.
Istanbul, one of the favorite tourist attraction centers of the world, is the 6th most preferred tourism route in the world and the 4th in Europe with 51.9 million visitors.
Strong and Steady Economy
Istanbul, the youngest populated city of Europe with 15.5 million people, is a finance and business center having a significant share both in Turkey and the world economy by producing 31.2 percent of GDP that is 1 trillion 155 billion TL in Turkey.
According to "Purchasing Power Parity", Turkey is the world's 13th and OECD’s 7th largest economy. Turkey has the liquid 2nd organized capital markets among the exchange members of World Federation of Exchanges to (WFE), a strong and competitive banking sector and a wide range of financial and economic infrastructure with its 391.2 billion dollars foreign trade volume.
Qualified and Dynamic Human Resource
Istanbul is a “multicultural” metropolis with its rich and unique historical architecture, extensive culinary culture and numerous cultural and artistic events. It is one of the most preferred cities for both living and working with its climate in which the four seasons are experienced.
Istanbul has a dynamic and qualified demographic structure that will easily adapt to the variability of the future labor market, with an Average age of 32.4 and the labor participation rate stood at 53 percent in Turkey. In this respect, it offers rich human resources to global financial companies.