12/3/2024

Investment Office Signs Cooperation Agreement with China's "Silicon Valley"

​A delegation led by Investment Office Vice President Bekir Polat held meetings with local government officials from Haidian District, home to the Zhongguancun Science Park—often referred to as China's "Silicon Valley"—as well as representatives from the city's tech hub.

During the meetings, Investment Office and Zhongguancun Science Park signed a Strategic Cooperation Memorandum focused on supporting value-added investments, boosting high-level visits, sharing knowledge and expertise, and organizing investment-related events in the technology sector.

In his speech, Polat highlighted that Investment Office operates under the Presidency of the Republic of Türkiye and aims to attract international investments to the country. He emphasized that the Office's mission is to promote Türkiye's investment environment to international investors, guide international companies in their investments within Türkiye, and contribute to creating a better business and investment climate.

“Türkiye is the nexus of the world, with its strategic location at the crossroads of Europe, Asia, the Middle East, and North Africa. While its population is 85 million, Türkiye offers access to a market of 1.3 billion people within a four-hour flight radius," said Polat.

He further emphasized Türkiye's strong industrial foundation and its potential for collaboration with China's innovation ecosystem. “Türkiye boasts a sophisticated production infrastructure across many sectors. We believe the entrepreneurial spirit, engineering expertise, and youthful population of Türkiye align seamlessly with China's innovation-driven ecosystem," he added.

Polat also highlighted that Türkiye is currently the 17th largest economy globally, with ambitions to rank among the top 10 under the vision outlined by President Recep Tayyip Erdoğan. “Achieving this goal requires a commitment to value-added, research-intensive, and innovation-driven investments and production models," he stated.

Following the speeches, Investment Office Unit Manager Mustafa Erdönmez delivered a presentation on Türkiye's investment climate and industrial opportunities.​

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Türkiye; China; supply chain; investment