Turkey is one of the largest middle-income partners of the World Bank Group (WBG), and the 18th largest economy in the world. In less than a decade, per capita income in the country has nearly tripled and now exceeds $10,000.
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Arçelik is one of Turkey’s most successful enterprises, manufacturing millions of home appliances each year at factories it owns and operates across the nation and abroad.“75 percent of our produ... Show More +ction is for exportation and our main markets are west Europe, our biggest market is UK, France, Holland Germany and Spain,” says Mursel Tellici, Maintenance Team Leader at one of Arçelik’s busiest plants based in Istanbul.Supporting and further boosting such export competitiveness are among the main objectives of the World Bank’s Country Economic Memorandum, or CEM, for Turkey. Show Less -