David Taylor

The U.S.-based Procter and Gamble (P&G) has made its 250 million-Turkish lira ($70 million) investment in the northwestern province of Kocaeli's Gebze district online and signaled new investments, as reported by Reuters on Feb. 28. 

Turkish President Recep Tayyip Erdo?an has called on U.S. businesses not to hesitate in investing in Turkey. 

"I am inviting you from this platform to invest more in Turkey," Erdo?an said March 30, noting Turkish entrepreneurs' concerns about investing in the U.S. that are related to legislative differences, competitive environment and geographical distance.