(MENAFN- AzerNews) Türkiye is already a prime hub for foreign investments and will
further strengthen its position in the coming years, according to
Burak Daglioglu, head of the Turkish Presidency's Investment
Office, Azernews reports, citing Anadolu Agency.
With a strong commitment to reforms and concerted efforts to
create an investor-friendly environment, Türkiye will build on its
successes of the past two decades, he told Anadolu in an interview
in London.
He said there is growing interest from international investors
after the recent elections, placing the country in a position where
it can surpass previous inflow records.
Following his reelection, President Recep Tayyip Erdogan has
refreshed his financial team, bringing in prominent figures such as
Mehmet Simsek, the new finance minister, and Hafize Gaye Erkan, the
first woman to lead the country's Central Bank.
The government is also pursuing reforms to improve regulatory
frameworks, streamline bureaucratic processes and enhance
transparency.
“Our current share in global investments is around 1% and our
goal is to increase this to 1.5%,” said Daglioglu.
“Looking at data for the first four months of this year, we are
talking about an investment of nearly $4 billion. Personally, I
prefer a more long-term analysis, and the figure for the past 12
months has exceeded $14 billion.”
He said Türkiye's geographical location as a gateway between
Asia, Europe and Africa is a major advantage, along with the
extensive human resource talent pool in the country.
Another key factor is Türkiye's position in the global green
energy sector, according to Daglioglu.
Apart from transitioning its own energy production to renewable
and green sources, Türkiye has also become a critical equipment
producer in the worldwide supply chain, he explained.
“Türkiye features in any discussion about green energy equipment
around the world,” he said.
Economic relations with UK
Regarding the UK, Daglioglu said the two countries have
longstanding trade and investment ties.
“The trade volume between the two nations, valued at
approximately $19 billion, shows our existing economic
cooperation,” he said.
“Since 2003, Türkiye has received over $250 billion in foreign
direct investment, with around $13.5 billion coming from British
investment companies. Additionally, there are approximately 3,200
UK-based companies operating in Türkiye.”
Investments from the UK are spread in diverse sectors and have
made a significant impact, he added.
Financial investments and venture capital flows in technology
are particularly important areas, while manufacturing, with a
particular focus on telecommunications and energy, also offers
promising opportunities for UK-based companies in Türkiye,
according to Daglioglu.
“We think that the UK's strong industrial background and its
status as a financial center in its region will contribute to our
country. In technology entrepreneurship, we can gain significant
investments and obtain important financing from the UK in terms of
the supply chain,” he said.
“We also see that investors recognize the increasing importance
of the green economy in Türkiye, and the UK stands out as one of
the leading countries providing financing for these projects,” he
added.
Daglioglu cited recent examples, including a credit agreement
for UK financing for a high-speed electric rail line between the
Turkish capital Ankara and the western port of Izmir, as evidence
of rising interest and support from international investors for
Türkiye's sustainability efforts.
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