Turkey - Country Commercial Guide
Market Opportunities

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

Last published date: 2021-12-07

The Government of Turkey (GoT) has undertaken numerous infrastructure projects, which have, until recently, presented substantial opportunities for U.S. firms. However, due to the marked slowdown in the Turkish economy, several previously slated infrastructure projects have been put on hold. That noted, opportunities remain for U.S. products and services in both the government and consumer spheres. The civilian aerospace sector has grown over 200% in the last decade. Project opportunities are chiefly in maintenance and repair operation (MRO) facilities, air traffic control systems, and commercial space projects. In the energy sector, Turkey seeks to diversify its energy suppliers, offering opportunities for liquid natural gas (LNG) exports. Offshore oil and gas exploration will continue in the Mediterranean Sea and the Black Sea. At the same time, license tenders for renewable energy, specifically solar, will continue as the GoT seeks to lessen dependency on oil and gas imports. 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 now effectively stalled, nevertheless created momentum to 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 CS Turkey team is ready to assist.