Turkey’s Path Towards Becoming a Prime Investment and Production Hub
Vice President Cevdet Yılmaz Emphasizes Importance of Investment Environment at Advisory Council Meeting
Vice President Cevdet Yılmaz recently spoke at the closing program of the 10th Meeting of the Investment Advisory Council, which took place at the Presidential Dolmabahçe Office with the participation of President Recep Tayyip Erdoğan.
During his address, Yılmaz highlighted the significance of the suggestions and evaluations brought forth by the participants in the meeting. He emphasized that these recommendations are aimed at improving Turkey’s investment environment and making it more attractive for potential investors.
Yılmaz also noted that the strategic steps discussed at the meeting to strengthen Turkey’s position in the global economy will be closely monitored. He shared, “The Turkish economy has seen significant growth, attracting 268 billion dollars in international direct investments over the past 21 years. Our goal is to increase our global share in this field to 1.5 percent in the next five years through a strong economic program.”
As Turkey looks forward to the future, Yılmaz expressed confidence in the country’s economic, diplomatic, and strategic standing. He stated, “During what we describe as the Turkey Century, our nation will rise to a stronger position economically, diplomatically, and strategically. We remain committed to making Turkey a hub for investment and production.”
Addressing potential investors interested in Turkey, Yılmaz encouraged them to seize the opportunities offered by the country. He assured them of the government’s support in facilitating their investment processes and emphasized Turkey’s readiness to welcome new investments.
Following Yılmaz’s remarks, Templeton Asset Management Chief Executive Manraj Sekhon, representing the company representatives, shared the final declaration from the meeting. Yılmaz expressed gratitude to all participants for their contributions to a successful and productive gathering.
The Investment Advisory Council meeting served as a platform for valuable discussions and decisions aimed at enhancing Turkey’s investment environment and fostering economic growth in the country. Participants left the meeting with a shared commitment to furthering Turkey’s position in the global economy and promoting investment opportunities in the nation.
