Türkiye’s New FDI Strategy: Becoming a Production and Export Hub
Turkey’s Foreign Direct Investment (FDI) strategy aims to attract investments that will position the country as a key production and export hub globally. The strategy, outlined in a document titled “Turkey Foreign Direct Investment Strategy 2024-2028,” aims to increase Turkey’s share of FDI to 1.5% globally by 2028 and boost its regional share in FDI inflows to 12%.
The strategy, part of Turkey’s vision for the “Century of Turkey,” focuses on sustainable and technology-oriented development to attract high-quality investments aligned with global trends. The goal is to enhance Turkey’s global competitiveness, drive economic growth, and create more quality jobs.
Taking into account factors like global supply chain shifts, protectionism, climate change, digitalization, and industrial policies, the strategy aims to position Turkey as a leading investment, production, and export center. It emphasizes attracting high-value projects that support green and digital transformations, employ advanced technology, and offer quality jobs.
By encouraging climate-friendly and digital investments, the strategy aims to support Turkey’s sustainable development and technological advancement. It targets key policy areas such as investment environment competitiveness, green transformation, digital transformation, global value chains, and skilled human resources.
Turkey’s strategic location, skilled workforce, and robust infrastructure make it an attractive destination for investors. The strategy aims to leverage these strengths to increase regional competitiveness and attract more investments to Turkey. Incentives like tax reductions, investment support, and streamlined processes will be offered to international investors to make Turkey a top choice for investments.
Overall, Turkey aspires to become a global economic powerhouse by strengthening its position as a key investment destination in the region. With its track record of attracting FDI and hosting multinational companies, Turkey aims to transform into a leading global economic center, aligned with sustainable development goals and digital transformation trends.
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Sofia Martins graduated from the Technical University of Madrid with a degree in Agronomy, focusing on plant nutrition and soil science. She has a deep interest in sustainable fertilizer management and works to develop eco-friendly solutions that optimize plant growth while minimizing nutrient runoff. Sofia is a dedicated researcher and has published several articles on sustainable plant nutrition practices.