Turkey has long served as the crossroads between Europe and Asia. Utilizing this strategic geographic location, the Government of Turkey has planned to make significant infrastructure investments, funneling over $250 billion into upgrades in roads, airports, and other infrastructure by 2023, the hundredth year anniversary of the founding of the Turkish Republic.
It is thus an opportune time for U.S. companies to seize these opportunities and pursue business development in the Turkish transportation market. Some U.S. firms have already participated in some large infrastructure projects in the past few years, including the following:
To help facilitate further U.S. company participation in this market, the U.S. Department of Commerce is planning an executive-led trade mission in the transportation technologies sector from March 26-31, 2017. The trade mission will stop in Istanbul, Ankara and Izmir and will feature U.S. firms that provide hi-tech equipment, systems and technology solutions from the four major modes of transportation (air, rail, land and marine).
This mission will provide an excellent opportunity for companies to meet with Turkish business partners, industry representatives, Turkish municipal officials, and government officials. It will also include unique one-on-one meetings, networking events, and site visits, in addition to interactions with private industry representatives and U.S. Embassy specialists. Participants will not be limited to the Turkish market; participating companies will also have the chance to meet with U.S. officials from the “partnership posts” of Turkey, namely Uzbekistan, Azerbaijan, Georgia and Turkmenistan.