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regional-markets-focus-on-turkey
regional-markets-focus-on-turkey

Regional markets – Focus on Turkey

Since the 1980s the Turkish economy has transitioned rapidly from a centrally planned communist marketplace to a dynamic, export-oriented, rapidly modernising entity. Today, it has an industrial gas business to match.

The country now benefits from a deregulated, free-market stewardship of its economy, which is increasingly driven by medium-to-heavy industry and the service sector, while there are also significant automotive, construction, and electronics industries at play.

The Turkish gases industry benefits from this high level of industrial activity, with well-established oil and petrochemical industries, as well as considerable iron and steel production capacity. Considerable revenues are also derived from sales of gas to the manufacturing sector.

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