International Investors Association (YASED) President Ahmet Erdem stated, “Turkey’s’ World Bank Ease of Doing Business Index of the previous year by 17 places to rise, an indication of the very significant improvements that come with these criteria in our country and successfully is a result of reforms implemented”.
The World Bank has published the “Ease of Doing Business 2019” Report. World Bank Ease of Doing Business Index. Turkey, compared to the previous year, ranked 17 positions higher, 43rd of 190 countries.
By emphasizing the importance of the performance made by Turkey in terms of ease of doing business in this era and regarding which countries are competing in attracting more foreign investment, Erdem said: “This result is a very positive and important development both in terms of the efficiency of existing investments and new investments. Turkey, also with the reforms made by the ease of doing business among 190 countries this year has been among the top 10 countries showing the greatest improvement has been in the only country in Europe that relate to this list. ”
Ahmet Erdem said, “The Doing Business Report and Index” published by the World Bank every year, rated by the applications like the company establishment, foreign trade processes, credit supply, tax payment, enforcement-bankruptcy and construction permit processes, in many areas for the convenience of companies who want to invest in the country.” He stated that it is a study accepted by international investors as a guide in the decision making.
Erdem stated that the countries that improved the criteria of the World Bank’s Ease of Doing Business Index increased their competitiveness at the investment attraction and said:
“In recent years, the Coordination Council for the Improvement of the Investment Environment (YOIKK) platform has spent a lot of time in order to make improvements to the issues that constitute this index. YOIKK is one of the most successful examples of public-private sector cooperation, which was established to improve the business and investment environment in Turkey. As YASED, we have made significant contributions to these studies for 16 years in YOİKK, and we continue to provide them. We would like to congratulate and thank TOBB (The union of chambers and commodity exchanges of Turkey), DEİK (Foreign economic relations board), TİM (Assembly of exporters), TÜSİAD (Turkish industrialists and businessmen’s association) and MÜSİAD (Independent industrialists and businessmen’s association) with whom we have worked with the aim of contributing to the development of the country’s economy. As YASED, we will continue supporting the implementation of economic and legislative reforms, with the full knowledge of our members’ international know-how and experience.”