Amazon is to Make $100M Investment in Turkey

Amazon, one of the world's leading companies, has decided to invest in Turkey. The company plans to establish a logistics base in Tuzla, Istanbul.

Amazon first started selling products online in Turkey in 2018. The company, which has been booming in the country since then, has decided to make a major investment in Turkey after 5 years. Amazon shared its investment plan with the public yesterday.

Amazon plans to create job opportunities for more than 1000 employees within a year with the first logistics base in Turkey, which is scheduled to open in Istanbul this fall. An investment of more than $100 million is planned for the construction of the new logistics base, which will serve the recent increase in customer demand.

Amazon Emphasized Their Trust in Turkey

Stefano Perego, Vice President of Europe Operations, stated that Amazon is happy to open its first logistics base in Turkey in Istanbul. He added that they would like to underline their trust in Turkey on this occasion. They are extremely excited about the more than a thousand new job opportunities they will create in their first year. Amazon will be providing a modern and safe working environment with satisfactory wages and benefits.

More than half of the products sold on the Amazon marketplace are sold by SMEs. The company's investment in Turkey also means opening SMEs to the world. The company's statement said that the improvements in operations will enable SMEs that store and ship through FBA systems to reach hundreds of millions of customers around the world, as well as expand their brands, increase sales and create jobs.

Amazon Will Prioritize Sustainability

Ahmet Burak Dağlıoğlu, Head of the Investment Office of the Presidency of Turkey, commented on the matter. “Amazon's investment decision, which will be the first logistics base in Turkey, prioritizes sustainability and green transformation and creates employment. It has also become a concrete example of our discourse. This investment is very important for our e-commerce sector. It has gained great momentum in recent years, with our ever-developing logistics infrastructure under the leadership of our President, to further strengthen it in the domestic and export markets."

"As the Presidential Investment Office, we are pleased to share this investment decision with the public. We have followed it since the beginning of the process and supported it by working closely with the Amazon team both in the field and in the bureaucratic processes. We would like to express our gratitude to the Amazon team, who trusted and invested in our country.”

Furthermore, Amazon will offer career opportunities with an understanding of diversity and inclusion for candidates with varying experience and educational backgrounds in the recruitment process.

Appointments Will Start in the Upcoming Months

Accordingly, Turkey's investment agency stated that these investments are critical for the development of Turkey's e-commerce sector in both domestic and international markets. Also, they pointed out that the appointments will begin in the next few months.

At the facility, hiring processes will begin for departments such as engineering, human resources, accounting, operations and information processing (IT) for the logistics base to be built. On the other hand, the hiring of customer service and logistics teams will begin in the coming months. According to projections, the company will employ more than 1,000 people in a year. As Amazon is one of the biggest companies in the world, the hiring process will be quite thorough.

The company, which is a global giant in e-commerce, is not only active in this field. It also conducts major studies in online publishing, digital data services, cloud computing and artificial intelligence. The founder and CEO of the company, American businessman Jeff Bezos, is one of the 5 richest people in the world, with a personal fortune of $187.3 billion. The World's 500 Most Valuable Brands-Global 500-2022 Research, prepared by the international brand valuation organization Brand Finance, shows Amazon's importance. Amazon is the second most valuable company in the world with a value of $350 billion in 2021. Apple, on the other hand, is the most valuable company in the study with $355 billion.

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