Foreign Direct Investment in the Cement Industry of Turkey: Overall Contribution by Multinational Businesses and Potential Impacts on the Economy

Abstract

The cement sector contributes to the development of the GDP and also the creation of employment opportunities in Turkey. The cement production is made of 100% national inputs and it is exported to 90 countries in the world. Additionally, it attracted an important portion of foreign direct investment (FDI) by means of the privatization operations. However, despite its importance, the cement sector of Turkey is very fragile, especially in times of global crisis and economic downturns. Eventually, the aim of this chapter is to review the cement sector of Turkey, analyze the foreign participation and work out its overall contribution to the entire economic capacity of Turkey depending on credible national and international publications. © 2015, IGI Global.