Turkey has a great potential to compete worldwide, particularly in the textile, auto, and machinery sectors, according to the CEO of Hannover Fairs Turkey, which handles the Turkish operations of one of the world’s largest fair firms, Deutsche Messe AG.

With access to various regions, companies in Turkey have significant market diversity, Alexander Kuhnel told Anadolu Agency.

“Turkey is a strategic economy with a broad access network both in terms of industrial production and foreign trade ties,” he said.

Kuhnel said factors such as Turkey’s dynamic young population offer “major advantages” for companies who want to invest here.

Read more: 'Turkey has great potential to compete worldwide'