Satisfaction Rate in Outbound Investments by Turkish Companies Stands at 73 Percent
A PwC study revealed that the satisfaction rate of Turkish companies with their outbound investments is 73 percent, and these investments have started to surpass incoming foreign direct investments.
According to the results of the "Course of Turkey's Global Competitiveness" research prepared by PwC, the satisfaction rate of Turkish companies in their outbound investments was recorded at 73 percent. The disclosed data showed that outbound investments have exceeded foreign direct investment inflows.
The Summit Where the Research Was Presented
Within the scope of the Transforming Leadership Summit, held for the fifth time this year, the results of the research prepared by PwC regarding Turkey's global competitiveness were shared with the public.
Shift in Investment Trends
PwC Turkey Country Senior Partner Cenk Ulu and PwC Turkey Markets and Industry Groups Leader Cihan Harman evaluated the details of the study.
Investment Satisfaction Rate
As one of the striking results of the study, it was announced that the satisfaction rate of Turkish companies in their outbound investments is at the level of 73 percent.
Reasons for Outbound Investment
Entering new markets ranked first in companies expanding abroad with 28 percent, followed by generating foreign currency revenue with 17 percent and physical proximity to the customer with 16 percent.
Competitiveness and Other Factors
While other strategic targets were effective in heading abroad at a rate of 14 percent, gaining a competitive advantage through costs, taxes, and incentives accounted for a share of 13 percent.
Future Trends and Indices
While artificial intelligence and climate trends came to the forefront in the study, information was shared that under the optimistic scenario, artificial intelligence will make a 14 percent positive contribution to industry size.