Turk Telekom head sees great growth potential in Turkey

ISTANBUL

Turkish market has great potential for growth, according to Turk Telekom Chief Executive Officer Paul Doany.

Turkey will continue to grow in the next five years, Paul Doany told Anadolu Agency.

Doany said Turkey's demography remains "very health" for investment, adding that the country's tax incentive system and regulations were quite attractive for establishing new businesses.

About the country's location, Doany said all companies who invest in industry have been successful.

Many countries regret moving their vehicle production facilities to other countries, he said.

Doany praised the country's capability of utilizing the private sector's resources to fund public sector projects.

Turkey has found a way of setting up its main infrastructure while placing lowest burden on the government's budget, Doany said.

Reporting by Handan Gunes:Writing by Tuba Sahin