Turkey's central location means it's pivotal to the success of China's Belt and Road initiative, Chinese experts say.
At a recent event in Ankara, the director general of the Institute for Borderland Studies at Chinese Academy of Social Sciences, Xing Guangcheng, said the initiative relied on Turkey's geographical location, a significant reason as to why China is poised to invest in Turkey.
Guangcheng also denied that the initiative was solely in Chinese interests, saying that China wanted to establish a common initiative with other countries.
"This is a win-win project," he said.
The project began in 2013, and is aiming to connect Asia, Africa and Europe with billions of dollars of infrastructure investments encompassing transport, telecommunications and, energy, co-ordinating them with each other to revitalise trade and investment partnerships.
Turkey's position in One Belt, One Road
Among OBOR's most significant ambitions is to bring trade routes back to the Eurasian continent after three centuries of Atlantic-dominated trading.
As a bridge between Europe and Asia, Turkey is in a crucial position in the new network. It's also the strongest and largest economy in the region, with an excellent track record for growth. This gives Turkey a unique bargaining chip in its negotiations to have its own interests accounted for in its dealings with China.
Three hundred years ago, Turkey's Anatolian side - which accounts for 97 percent of the country's landmass - was an important trade route, connecting Europe with the large markets of China, East Africa and the Middle East. These routes were dismantled by the Portuguese, Dutch and British seagoing trade routes. Restoring these routes means an opportunity for Turkey to improve the lives and fortunes of the people living in its rural and remote areas, as well as bringing trade wealth to the people living in neighbouring countries.
Rare bungalow style property in a peaceful area of Uzumlu in Fethiye, located within easy walking distance to the town centre and amenities – this house has its own private garden and large swimming pool to enjoy.
Built in partnership with a worldwide hotel chain, these outstanding beachfront properties enjoy magnificent open panoramic views across the sea and are just minutes away from a private bay and excellent on-site social facilities.
One of our top investment or lifestyle opportunities in the entire city, this panoramic sea view project is found in the city centre of Istanbul in Cihangir and offers apartments for sale in sizes ranging from one – two bedrooms.
In the countryside of Antalya, this farmhouse style property is a nature lovers dream and is situated within a huge plot guaranteeing a private lifestyle – this house in Kursunlu enjoys beautiful views from all rooms inside.