Turkey launches a strategy to attract direct international investments until 2028

The Investment Office of the Turkish Presidency has issued a new strategic document to attract international direct investments for the period 2024-2028.

This strategy aims to increase Turkey's share of international investments to 1.5% by 2028, with a 12% increase in investment flows to its competitive region.

The strategy includes various investment areas such as climate-friendly, digital, and global supply chain-oriented investments.

With its strategic geographical location, Turkey serves as a guarantor for facilitating companies' access to global markets and offers a favorable business environment thanks to its developed infrastructure and ongoing reforms.

Since 2003, Turkey has attracted $262 billion in international direct investments and has become a significant regional hub for multinational companies.

The new strategy aims to enhance this performance and transform Turkey into a global economic power.

It relies on a data and evidence-based approach, focusing on sustainable development and digital transformation, and includes eight priority areas for quality investments.

This strategy is expected to improve competitiveness and attract more high-quality investments that support digital transformation and regional development.

The Turkish government continues to work on implementing annual action plans in cooperation with relevant institutions to ensure the achievement of the strategy's goals, enhancing Turkey's position as a primary destination for international direct investments.

Edited by: Imtilak Real Estate©