This strategic roadmap aims to attract high-quality FDI investments that align with Türkiye's economic development goals amid a rapidly changing global economic environment. The strategy is a pivotal component of the “Türkiye Century" vision, which seeks to promote sustainable, technology-driven economic development while responding to evolving global investment trends.
In his foreword for the strategy, President Recep Tayyip Erdoğan stated that Türkiye had achieved remarkable advancements across various sectors in the last 21 years, establishing a globally competitive economy and setting the stage for the “Türkiye Century." President Erdoğan also emphasized Türkiye's aim to transform into a leading hub for science, technology, production, and trade, driven by a robust FDI strategy that creates a welcoming environment for investors, stating, “I hope this strategy will be beneficial for our country, our nation, and the global business community."
Commenting on the new strategy, Investment Office President A. Burak Dağlıoğlu stated, “We aim to position Türkiye as one of the world's leading production and export hubs during a time marked by the reshaping of the global economic landscape and escalating uncertainties. This strategy aligns with President Recep Tayyip Erdoğan's objective for Türkiye to rank among the top ten economies worldwide, enhancing our global competitiveness and fostering economic growth."
The 2024-2028 strategy was crafted in response to pressing global trends such as the restructuring of value chains, rising protectionism, macroeconomic uncertainties, climate change, and the increasing emphasis on regional industrial policies. Dağlıoğlu noted that these factors are crucial in shaping investor decisions and that Türkiye's ability to adapt to these changes is a core element of the strategy.
Targeting a range of investment categories, the strategy seeks to attract quality investments that support high value-added industries, green initiatives, and digital transformation. It aims to increase Türkiye's share in global FDI flows to 1.5 percent by 2028. Key targeted investments in the strategy include Climate FDI, Digital FDI, Global Value Chain (GVC) related FDI, Knowledge Intensive FDI, High-quality Job Generating FDI, High-end Service FDI, High-quality Financial FDI, and Regional Development Oriented FDI.
To promote sustainable development, the strategy will implement policies to boost renewable energy investments and enhance the use of environmentally friendly technologies. It also focuses on strengthening digital infrastructure to create an attractive environment for international investors, thereby facilitating Türkiye's transition towards a climate-friendly and digitally advanced economy.
The strategy highlights six primary policy areas: investment climate and competitiveness, green transformation, digital transformation, global value chains (GVCs), talent pool, and communications and promotion.
Türkiye has gained significant momentum in FDI inflows due to its rising economic performance from 2003 to 2022 and the high-level value propositions it offers to investors, with a total of USD 262 billion in FDI. Today, Türkiye has become a regional economic center where over 80,000 multinational companies operate, supported by these companies' production activities, R&D centers, design teams, procurement offices, logistics hubs, and regional management centers.
Dağlıoğlu reaffirmed Türkiye's commitment to enhancing its economic performance, stating, “With the Türkiye Century vision set forth by President Erdoğan, we aim to evolve from a regional economic center into a global powerhouse. In an era where competitiveness hinges on sustainability and digital capabilities, Türkiye stands ready to meet these challenges head-on."