Tuesday, 02 January 2024 12:17 GMT

Turkey’s investment office develops FDI strategy for 2024-2028 period


(MENAFN) Burak Daglioglu, head of Türkiye's Investment Office, announced that the office has developed a Foreign Direct Investment (FDI) strategy for the 2024-2028 period. This strategy is intended to serve as a roadmap for attracting investments that will position Türkiye as a major global production and export hub amid the evolving global economic landscape.

In a statement to a Turkish news agency about the new FDI strategy, Daglioglu emphasized that it is a key component of the "Turkish Century" vision. He explained that the strategy aims to bolster Türkiye's economic development through a focus on sustainable and technology-driven transformation, thereby attracting higher quality investments in line with global trends.

Daglioglu highlighted that the strategy aligns with President Erdoğan's objective of placing Türkiye among the world's top 10 economies. He noted that this approach would enhance Türkiye's global competitiveness, stimulate economic growth, and create more qualified employment opportunities.

The strategy was formulated with consideration of several global trends, including the reconfiguration of supply chains, reverse globalization and protectionist movements, macroeconomic uncertainties, climate change and environmental sustainability, digitalization, and the increasing importance of regional and national industrial policies. Daglioglu pointed out that adapting to these trends is crucial for Türkiye to remain attractive to investors in the shifting global order.

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