Introduction
Business location is always a decision that needs a lot of research. This is especially so for a multinational company. Some of the key areas that a multinational company should be able to critically analyze before locating its plants in a country are matters of security, the international relations between the country and other nations, regional security, the availability of natural resources, transport and the internal competition that is likely to be experienced in the host country (Donaldson, 2011). In this paper, the Eurasian country- the republic of Turkey is analyzed as a host country. The authorship of this paper focuses on the ideal location of Turkey plus its numerous relationships the country has gained since it became a republic early 1920’s (UK Trade & Investment, 2012). The transport system in Turkey is also analyzed for consideration. The conclusions of this paper are based on the factual evidence of the historical trends in Turkey (Fox, 2011).
Turkey is a Eurasian country that borders both Asia and Europe. In fact, there has been a contradiction classification of the country that borders both the Mediterranean and two more seas the Aegean Sea to the west, the Black Sea. This makes water transport one of the major forms of transport in the country (USA Int'l Business Publications, 2012). The unique location of turkey has made it to have major relations with the European countries where its membership to the European Union is pending acceptance. The country is also a member of the Great twenty economies (Donaldson, 2011). This has led to the government investment in the air transport to ensure that the country is able to reach as many nations as possible. The rate of growth in the exports is a clear indication of this. The exports rose from $110bn in 2009 to $117bn in 2010. The air transport has solidified its international market which includes both European and Asian countries. The country also has markets in Africa (Donaldson, 2011).
Internally, the country has a Total of 15,095,603 moving vehicles on its highways, superhighways and weather roads. The highways are a span of 426,906 km of which the dual carriage roads are 16,784 km long. This is considered as an almost sufficient transport which is supplemented by water transport and rail transport. The rail transport spans 10,984 km of which 25% is electrified. The railway line connects the country with counties like Greece, Georgia, Azerbaijan and Armenia from its interior. The recent construction of speed railway line between two of its major cities Konya and Ankara has indeed improved internal transport (Fox, 2011).
Major kind of nature disasters in Turkey
Turkey experiences extreme temperatures in spring and in winter. The country is accustomed by the Mediterranean climate on its coast which boarder the Mediterranean and the Aegean sea. However, these extremes do not affect the transport in the country (Fox, 2011). Both the rail and road transport traffic are heavy at all times. The only decline that is evidenced is in the number of flights in winter. However, the creation of the black sea lead to creation of fault lines that cut across the Dardanelles (UK Trade & Investment, 2012). The country has varied landscape occasions volcanic eruptions and earthquakes. The most recent earthquake was in 1999 at the north of the country. Specialist said that the cause of the earthquake was fault lines (Donaldson, 2011). The insurance companies charge high premiums to cover companies that locate their businesses in the northern part of the country as opposed to the locations along the coasts. The coasts are the safest locations for a business location in Turkey (USA Int'l Business Publications, 2012).
Natural resources of Turkey
Turkey harbors a great richness of oil wells and iron ores. In fact, the country is one of the major exporters of iron to the European nations. The country also produces food, steel and petrochemical products. These resources has indeed made the country shake off from the economic crises that it had in 2001 and strengthened its currency; Turkish Liya (renamed in 2009) among the world major currencies (Donaldson, 2011). The high exportation of shipping and other auto motives that are made at its docks from these natural resources has maintains its GDP to being 16th in the world since 2009.
Type business located in which part of Turkey, and also which type of business is not Recommend
Given the good relations that turkey has with the European, the Asian, and the African countries, the country is a preferable business location especially for a company that manufacturers’ wares that are made of iron (USA Int'l Business Publications, 2012). The coastal area of the republic of Turkey has been populated by shipping companies and thus starting another ship manufacturing company would not prudent. However, the growth rate in the market of road moving automotives in Asia and Africa that is occasioned by expansion of highways create a good chance for motor vehicle manufacturers (UK Trade & Investment, 2012). The fact that the country also borders Iraq and other countries that have been experiencing war that is associated with terrorism; make the northeastern cities less secured (Fox, 2011). However, north western cities that border Greece are among the most secure sites for business location in turkey.
References
Donaldson, M., (2011). Turkey. Turkey: Lernerclassroom
Fox, S., (2011). Business Etiquette For Dummies. New York: Willey
USA Int'l Business Publications, (2012). Business in Turkey for Everyone. New York: author
UK Trade & Investment, (2012). Doing business in Turkey. London: Author
