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REGIONAL INVESTMENT CLIMATE ASSESSMENT PROJECT (RICA)

The European Union (EU) and the Ministry of Development (MoD) jointly funded the “Regional Investment Climate Assessment in Turkey” Project (the Project). Work on this project commenced in Ankara on September 19, 2014 and is expected to last for two years, ending September 19, 2016. The Project is being implemented by the World Bank Group (the WBG). MoD is the main beneficiary and DG Regional Development and Structural Adjustment is coordinating the project on behalf of the MoD.

The overall objective of the project is to reduce the regional disparities in Turkey and contribute to the sustainable development of the country by improving the investment climate at both the regional and national levels.

Projet Activities

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Entrerprise Survey

An Enterprise Survey is a firm-level survey of a representative sample of an economy’s private sector. The surveys cover a broad range of business environment topics including access to finance, corruption, infrastructure, crime, competition, and performance measures. For the implementation of the 2015 Turkey Regional Enterprise Survey, in which 6,000 interviews will be conducted covering all 26 NUTS II and 81 NUTS III regions in Turkey, the World Bank customized a sampling  methodology  that  is  based  on  the  same  sampling  methodology  the WBG  employs  in Enterprise Surveys conducted around the world.

ICA Reports

The Investment Climate Assessment (ICA)  helps  to  identify  issues  in  Turkey’s investment  climate  that  matter  most  for  productivity, growth and international competitiveness for Turkish business sector. 26 Regional and one national ICA Reports will be the output of RICA Project. The 26 regional  ICA  reports  will  provide  description and  analysis  on  the  conditions  of key investment  climate  indicators  for  each  of  the  26  NUTS  II regions.  The  set  of covered  topics includes  perceived obstacles, statistics on the average firm in the region, indicators on corruption, taxes and regulations, access to finance, infrastructure, workforce, crime, informality, innovation, and trade. The National ICA Report will provide analysis on conditions of the national investment climate. The Report will largely be based on analysis of data collected from the 6,000 surveys of enterprises located across Turkey’s 26 NUTS II Regions.

Investment Support and Promotion

In  the  recent  years  Turkey  significantly  increased  its  efforts  in  investment  support  and  promotion activities  with  a  particular  focus  on  attracting  foreign  direct  investment.  To  this  end,  each  province (NUTS III)  has a dedicated  investment support office  (ISO) that works under the respective DA that covers  that  province.  Since  their  establishment  the  ISOs  have  shown  different  levels  of  performance with  respect  to  their  mandate.  Currently,  they  operate  in  a  complex  environment  together  with  a number of stakeholders at the regional level as well as the central level. This  activity is comprised of an evaluation of the overall investment support and promotion framework of Turkey with the ISOs as the  unit  of  analysis. Two  components  planned  under  this  activity are  the  investment  support  and promotion  services  report  and  a  consequent  training.

Stakeholders

basic14Ministry of Development

basic14World Bank

basic14Central  Finance  and  Contracts  Unit

basic14European Union Delegation

basic14Development Agencies

basic14Investment  Support  and  Promotion  Agency  of  Turkey

basic14Coordination  Council  for  Improving  the  Investment  Climate (YOIKK)

basic14Turkish Statistical Institute (TURKSTAT)

basic14Ministry of Science, Industry and  Technology,

basic14Ministry  of  EU  Affairs

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