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Turkey is the first candidate to take the place of China in the production of European and American goods!

Turkey is the first candidate to take the place of China in the production of European and American goods!

Turkey instead of China!

Turkey is distinguished by its location close to Europe in addition to its distinction in terms of logistics services, transportation networks and great production capacity, as well as its excellent workforce and many factors that made it one of the first candidates to be a new production center instead of China.

 

Experts expect:

Global experts expect a huge circulation of cash in global markets, which may reach more than 2 trillion dollars after getting rid of the Corona virus! Turkey should attract approximately 5% of that liquidity.

In the context of those expectations, the Turkish academic and economist, Berk Haji Kozler, shared his prediction based on many factors that indicate that his country will turn into a center for the production of European and American goods instead of China, after the suffering that America and Europe have experienced due to the failure to obtain products that were made in China due to the Corona pandemic.

 

He continued, saying: The strategic location that Turkey occupies near the centers of industry and production will enable it to transform into a new production center for both European and American goods, and that the high exchange rate of the dollar against other currencies and Turkey's services and capabilities that are taken into account will enable it to compete for China's position in the production of goods. Which you cannot produce and will not be able to produce at the present time.

 

Corona in Turkey ... from crisis to opportunity:

Experts believe that the Corona pandemic is not an economic crisis, but rather a sudden health crisis that led to tension and created a state of uncertainty in the global economy, and that countries such as China were the first in the field of economy and now they are on the verge of bankruptcy!

So far, more than 25 million factories have been closed in China due to the Corona crisis, not to mention the major foreign investments that suffered a massive setback and an unreasonable recession, until this setback reached America, which entered the global economic recession.

While there were many countries that turned that sudden shock into a major economic opportunity, Turkey presided over these countries through a set of sound and smart measures to be the biggest beneficiary of the Corona crisis.

 

Turkey ... a supply and production center worth thinking about:

The suffering that Europe and America witnessed in reaching many products that are manufactured in China, led to the topic of thinking about an alternative productive supply center to the economic circles again, especially since medical supplies such as protective masks, jumps and other things have become equal to the value of gold! This is due to the widespread spread of the virus and the scarcity of these products.

When talking about an alternative production center to China, one should think about a country that has geographical proximity to America and Europe and has strong production capabilities.

In the first place, Turkey hesitates to mind, as it has a network of common roads with the countries of the European Union, as well as the possibility of transporting goods by air within three hours or less. In addition to its richness in the iron networks that connect the two parties.

 

Successful new actions:

According to expectations that refer to Turkey, the Turkish government has taken many serious measures, which some considered successful in terms of timing! It began using the economic protective shield strategy, which stipulates allocating ten billion Turkish liras to support the economy for the internal market of small producers or medium-sized enterprises that are experiencing stagnation or slowdown in movement.

In conclusion, we can note that the Turkish economy has witnessed real growth and unprecedented improvement in recent periods, thanks to long-term, proactive plans that included all economic levels, which will help Turkey to replace China.

 

related articles :
Investing in Istanbul ... All you need to know !! 
Obtaining Turkish Citizenship by Owning a Property
The Turkish real estate market 
Three Questions before buying a property in Turkey
Buying Real Estate Online in Turkey

 

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