Robot tractors, geothermal greenhouses and cloned trees are part of the farming sector’s push to modernise, but more innovation is needed. The hot trend in the automotive industry may be self-driving cars, but a more practical and productive application has quietly taken place for years: driverless tractors. Turkey’s farmers can already turn to...
Agriculture
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Articles & Analysis | The cutting edge: New technological advances are helping to produce and harvest crops from The Report: Turkey 2013
Articles & Analysis | Seeds of success: Record foreign investment is propelling modernisation of the sector from The Report: Turkey 2013
A favourable climate and proximity to both affluent Europe and the dry Middle East make Turkey a global breadbasket and a natural destination for investment. Foreign direct investment in the agriculture sector reached a record high of $2.1bn by October 2012, a 150-fold increase from a decade ago, according to the Ministry of Food, Agriculture...
Articles & Analysis | Eating well: The domestic market is projecting significant growth from The Report: Turkey 2013
The expanding population, at about 1.3% per year, and changing demographics have helped Turkey’s food and beverage sector outpace global growth and make it a key market for investment. According to state statistics, a quarter of household spending goes to food, drinks and tobacco. Worldwide, the food and beverage market is estimated to be...
Articles & Analysis | A thermal injection: Greenhouse expansion to boost agricultural investment from The Report: Turkey 2013
A drive to restructure Turkey’s agricultural sector includes ambitious plans to expand fruit and vegetable production and is set to open the door for foreign investors looking to meet demand back home. Buoyed by favourable geographic conditions and abundant rainfall, Turkey’s agricultural sector contributed $62bn to the economy in 2012, after...
Chapter | Agriculture from The Report: Turkey 2013
A favourable climate and proximity to affluent Europe and the dry Middle East make Turkey a global breadbasket and a natural destination for investors. Foreign direct investment is at unprecedented levels, reaching a total of $2.1bn by October 2012. Major government infrastructure projects are also set to boost the agriculture industry in the coming years. The sector is hampered by high levels...
At an average of 5.1% between 2003 and 2012, Turkey has experienced one of the world’s highest growth rates over the past decade. This was accompanied by drops in joblessness and poverty, as well as gains in school enrolment, home ownership and life expectancy.