Turkey - Country Commercial Guide
Market Opportunities

Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.

Last published date: 2022-07-26

Until recently, GoT-supported major infrastructure projects have presented substantial opportunities for U.S. firms. Even with several previously slated infrastructure projects put on hold, opportunities remain for U.S. products and services in both the government and consumer spheres. The civilian aerospace sector has grown significantly in the last fifteen years. Project opportunities are chiefly in maintenance and repair operation (MRO) facilities, air traffic control systems, and commercial space projects. In the energy sector, Turkey has drastically increased in its imports of LNG to diversify its energy suppliers. Offshore oil and gas exploration will continue in the Mediterranean Sea and the Black Sea. The same impulse to diversify Turkey’s energy supply has resulted in an uptick of license tenders for renewable energy projects, specifically solar, wind, and geothermal.

Both the public and private sectors continue to invest substantially in advanced manufacturing, information and communication technologies, and healthcare, among other sectors.

Turkey’s movement toward membership in the European Union, though effectively frozen, nevertheless saw the country adopt many European business regulations and standards, ultimately making it easier to sell products and conduct business in Turkey than in previous years. Despite economic uncertainty, Turkey still has numerous opportunities for U.S. products and services, and the Commercial Service team in Turkey is ready to assist.