Abstract:

Sultan II came to the throne in a very difficult period of the Ottoman State in all respects. Abdülhamid (1876-1909) followed a policy of balance in relations with Europeans in order to overcome this difficult process and to correct the severe economic conditions in the country. In fact, 19. The Ottoman State, which has been challenged by competition with Europe since the middle of the century, with limited investment opportunities due to capital and technological insufficiency, has tried to solve the capital problem by giving advantages to foreign companies in various sectors. Thus, on the one hand, it is aimed at accelerating the development in high areas of added value such as transport, mining and trade in the country. For example, the company’s ownership of foreign assets is 19. It began in the second half of the century. During the administration of Abdülhamid, it gained speed thanks to the legislative arrangements made. It is also important to note that among the foreign companies that invest in Ottoman, the French are in the forefront. In fact 20. At the beginning of the century, considering the capital structure of companies investing in Ottoman, it is noted that with a 44% share, French-born companies took the first place. The French capital, which is aimed at investing in the Ottoman territory in order to develop its capital and to meet its raw materials needs, is especially targeted to strategic sectors such as municipal services, banking, insurance, port operations and mining benefits. In this study we take into account both domestic and foreign sources. Railways investments with French capital or French partnership in the Abdülhamid sovereignty and the implementation of the company benefits will be tried to be examined.

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