President Recep Tayyip Erdoğan stated, “With strong production capabilities and human resources, Turkey will be the Century of Turkey, the century of investment.” Erdoğan mentioned that new reform packages will be put into effect. Responding to the opposition’s early election statements, Erdoğan used the expression, “There are 3.5 years without elections ahead of Turkey.”

The critical investment summit in Istanbul has started. The Investment Advisory Council met for the first time in 8 years. Companies worth 3.5 trillion dollars in size participated in the meeting.

President Recep Tayyip Erdoğan delivered the opening speech of the meeting at the Dolmabahçe Working Office. President Erdoğan stated, “With a strong production capability and human resources, Turkey will be the Century of Turkey, the century of investment.”

“WE WILL ACTIVATE REFORM PACKAGES”

Key points from Erdoğan’s statements: “We established the Investment Advisory Council in 2014 to obtain the opinions of the international business world.

Our country has become one of the leading destinations where international direct investments are directed.

In the future, we will find solutions to our problems with mutual wisdom and activate new reform packages.

“CENTURY OF INVESTMENT”

Turkey has proven that it is a reliable partner in global trade.

We have taken revolutionary steps. With strong production capabilities and human resources, Turkey’s century will be a century of investment. We are also determined to make the Century of Turkey the century of investment.

We are not only talking about volume increases here. We have also expanded the technology composition of the products we export.

MEDIUM-TERM PROGRAM EMPHASIS

Over the past 21 years, we have risen to the 11th place in terms of purchasing power parity with an average annual growth rate of 5.4%.

While we had a 0.5% share in global trade with 36 billion dollars in exports in 2002, today with our exports reaching 256 billion dollars, we have raised our share to over 1%.

We are entering a period where our current account has decreased, reserves have increased, risk indicators have improved, and inflation has been controlled.

We do not abandon fiscal discipline. Recently announced growth, employment, foreign trade, and inflation data demonstrate that the (Medium-Term) program is working.

Approximately 31% of the exports realized in Turkey over the past 15 years were carried out by international capital companies.

“OPENING THE WAY FOR INVESTORS”

Our efforts continue on many important matters for our investors.

We aim to complete these efforts focusing on climate law, entrepreneurship ecosystem, and investment incentives by the end of the year to open the way for investors.

We prioritize digital transformation, green economy, energy efficiency, and plan to accelerate investments.

With the opening of our parliament, the climate law will come to the agenda. With the law, we will accelerate the green transformation process in our industry.

We will increase our competitiveness and offer investment support opportunities in more than 30 areas.

Our Presidential Investment Office is at your service 24/7. Our relevant ministries are also ready to support you.

“THERE ARE 3.5 YEARS WITHOUT ELECTIONS”

Turkey has 3.5 valuable years without elections ahead of us. We can only achieve our goals by giving justice to these 3.5 years.

We consider the election discussions brought up by the opposition to cover up their internal quarrels as beating water in a mortar.”