6/7/2024

Türkiye-Germany Investment Conference Highlights Türkiye's Competitive Edges

Investment Office hosted the Türkiye-Germany Investment Conference themed "Türkiye as an Investment Destination" at the Turkish Embassy in Berlin. The event brought together business leaders and public officials from both Türkiye and Germany, providing a valuable platform to showcase Türkiye's dynamic investment landscape.

A key feature of the conference was the address by Investment Office President A. Burak Dağlıoğlu, who characterized Türkiye as a "resilient and fast-growing economy."

In the face of global economic challenges such as fluctuating energy prices, supply chain disruptions, labor shortages, and climate change, Dağlıoğlu presented Türkiye as a stable and attractive option for European investors.

During his address, Dağlıoğlu emphasized Türkiye's numerous value propositions, including its extensive talent pool, seamless integration into global value chains, diversified production capabilities, and advanced infrastructure, all of which offer significant competitive advantages to international investors, and extended a warm invitation to German companies to leverage these advantages for mutual benefit.

Dağlıoğlu also stressed the stability of energy prices in Türkiye, supported by its diverse energy sources and growing renewable energy production. Additionally, he highlighted the benefits of tariff-free trade facilitated through the Customs Union, which simplifies the investment process.

Providing an overview of Türkiye's economy, Dağlıoğlu noted its robust growth, averaging 5.2 percent annually over the past two decades. He pointed to Türkiye's resilience, citing the absence of a banking crisis in the last 20 years and a notably low public debt-to-GDP ratio.

Discussing Türkiye's industrial and logistical strengths, Dağlıoğlu highlighted the country's unique strategic location at the crossroads of Europe, Asia, and Africa, ongoing macroeconomic reforms, and investor-friendly environment with access to a market of 1.2 billion people.

With bilateral trade between Germany and Türkiye reaching USD 50 billion, Dağlıoğlu highlighted the strong historical and economic ties between the two countries.

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