ABSTRACT
Turkey, with its diversified economy and geographical location next to Europe and the Middle East, draws the attention of many foreign investors. Either for investments directly into Turkey or for investments through Turkey as a gate between Europe and the Middle East. Turkey has undergone a crisis in 2001 which made it easier for the country to sustain its economy during the last global economic crisis. Apart from the fact that Turkey is the 16th largest economy in the world, the gross domestic product (GDP) figures also indicate Turkeys booming economy. Privatization is on Turkeys agenda since 1984. Apart from minimizing the States control in the economy through privatizations, privatization has been developed as a new source for investment. Foreign investors face certain models for the realization of projects in Turkey which are specific to the Turkish project sector. Any assets located in Turkey are subject to foreclosure proceedings pursuant to Turkish law.
