Financial Times FT.com

Foreign investment: Open economy woos investors

By James Drummond

Published: November 21 2007 04:40 | Last updated: November 21 2007 04:40

Shipbuilding? Cars? Vans? Not perhaps the arenas immediately associated with Turkey. Yet, according to the government’s investment support and promotion agency, founded only three years ago, Turkey is now the eighth largest shipbuilder in the world.

And if Turkey were an EU member it would be the sixth-largest economy in the group as well as the 17th largest in the world.

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