- One of the driving forces behind national economy
- The second largest commercial center in Türkiye
- A significant industrial base, realizing 8 to 9 % of Türkiye’s total industrial production
- A productive city creating 13.5% of the total added value created in Türkiye
- Having 10.4% of the total businesses and 9.7% of the total employment of Türkiye
A Foreign Trade Base
- Approximately 40% increase in exports in the last three years
- More than 4,000 export companies
- 4.1 % of total imports and 6 % of the total export of Türkiye
- The traditional export items of İzmir areagricultural products, foodstuffs, textiles, clothing, iron and steel
- A worldwide reputation for its local products such as cotton, figs, grapes, tobacco, olives and superior quality olive oil
With its 18 organized industrial zones, 2 free zones, technology development zone and 4 main trade ports, İzmir is the investment attraction center of the region.
Foreign direct investment in İzmir increased by 10 times between 2004 and 2007.
- The number of international companies in İzmir increased by 22% from 2006 to 2007
- The most important factors behind this increase were:
- İzmir’s proximity to foreign and domestic markets
- access to a high quality workforce
- low labor rates
- a highly developed infrastructure
- access to raw materials
Breakdown of Foreign Direct Investment in İzmir by Country of Origin (2006-2007)
A selection of major international corporations that have chosen to invest in İzmir:
Japan Tobacco International, KT&G, Philip Morris, Hugo Boss, TESCO, Akzo Nobel, Delphi, Tetra Pak, British American Tobacco, Krone, Rultrans, Schineider Electric.
