Investment Office provided an overview of the country's investment and economic landscape, emphasizing its growing attractiveness to global investors. In an interview with Anadolu Agency (AA), Investment Office President A. Burak Dağlıoğlu shared insights into Türkiye's recent economic achievements and its emerging role as the nexus of manufacturing, technology, innovation, and investment.Türkiye continues to attract significant investments, evolving into a leading center for digitalization and innovation. This progress is supported by the country's forward-looking economic policies and advancements across key industries such as technology, logistics, production, and more. Notably, Türkiye was the only country in 2024 to receive credit rating upgrades from Fitch Ratings, Moody's, and S&P.The Central Bank of the Republic of Türkiye (CBRT) saw its total reserves rise to USD 92.4 billion, while the country's 5-year credit default swap (CDS) rates decreased. These improvements facilitated easier and more cost-effective access to financing and further bolstered investor confidence.Türkiye is actively working to strengthen its position as an economic powerhouse by developing new transportation corridors and enhancing its appeal as an investment destination. The number of international companies operating in Türkiye has surged, growing from approximately 5,600 in 2002 to over 82,000 in 2024.While global FDI flows declined, Türkiye's inflows rose by 12 percent in 2023, according to the Organization for Economic Cooperation and Development (OECD). Türkiye ranked 4th in Europe for greenfield FDI projects, with 375 such investments, following France, the UK, and Germany, as highlighted in the EY Europe Attractiveness Survey 2024.Dağlıoğlu noted that Türkiye has attracted over USD 272 billion in FDI since 2003, with investments coming from around the globe, particularly from China. While acknowledging the rising trend in Chinese investments, Dağlıoğlu emphasized the considerable potential to attract more, especially in the automotive and technology sectors.In 2024, BYD, the world's largest electric vehicle manufacturer based in China, signed an agreement with the Turkish Ministry of Industry and Technology for an investment of approximately USD 1 billion. The company plans to establish a production facility in the western Turkish province of Manisa with a capacity of 150,000 vehicles, creating direct employment for 5,000 people. Additionally, several companies in Türkiye are expanding their existing investments. For example, Tofaş Türk Otomobil Fabrikası A.Ş. announced capital expenditures of about USD 217 million, while Oyak Renault Otomobil Fabrikaları A.Ş. disclosed investments of USD 265.5 million.In the logistics sector, Ekol Logistics transferred its international transportation and customs clearance operations to the Danish shipping company DFDS for approximately USD 255.1 million. Germany-based BLG Logistics also established a new subsidiary in Türkiye under the name BLG International Transportation."Investments in strategic sectors such as electric vehicle production, advanced technologies, and logistics infrastructure further strengthen Türkiye's role in global supply chains. The preference of leading companies like BYD for Türkiye and the international successes of Turkish companies such as Ekol Logistics are clear indicators of Türkiye's strong potential for investors. These investments make vital contributions to our goals of creating jobs, boosting exports, and fostering sustainable growth," said Dağlıoğlu.In the manufacturing sector, Brazilian industrial equipment manufacturer WEG S.A. announced an investment of approximately EUR 28 million to establish a gearbox factory in Manisa. The facility, set to be built on a 12,000-square-meter site, is expected to create 150 new jobs in addition to the 750 people already employed by WEG Group Türkiye. In the metals sector, Teknik Alüminyum Sanayi A.Ş. plans to invest around USD 384.9 million in a new aluminum factory.China-based Kaishan Group, one of the world's largest compressor manufacturers, revealed plans to invest USD 1 billion in Izmir. The company aims to commission the factory by 2026, with the initial phase expected to employ over 200 people. Total employment is projected to reach 500 with the addition of spare parts factories.In the home appliances sector, BSH announced an investment of EUR 110 million for 2024, with plans for further investments totaling approximately EUR 500 million over the next five years. Meanwhile, China-based Haier Europe inaugurated a production facility for cooking appliances in the Central Anatolian province of Eskişehir, with an investment of approximately EUR 70 million.Investments in sustainability, particularly in renewable energy and electronic components, were also announced in 2024. Germany-based Nordex Group unveiled a EUR 1 billion investment to expand its onshore wind power operations in Türkiye. Additionally, China-based Ganfeng Lithium, one of the world's largest lithium battery manufacturers, signed an agreement with Yiğit Akü to invest USD 500 million in Türkiye.“We actively engage with investors through one-on-one meetings, discussing Türkiye's developments in other countries," Dağlıoğlu said. “We believe that Türkiye will emerge as the nexus of global investment in the coming century, with international companies playing an increasingly important role in achieving our vision," he added.