Türkİye, Economy

Foreign investors favor Türkiye's structural reforms, says head of investment office

Türkiye holding receptions in capital cities in Europe, US, Asia and Gulf countries to introduce investment opportunities

Pinar Aydinli Yadikar  | 24.10.2023 - Update : 25.10.2023
Foreign investors favor Türkiye's structural reforms, says head of investment office

DOHA, Qatar

Foreign investors attach importance to Türkiye's structural reforms, and this interest will translate into direct investments in the country, said the head of Türkiye's Investment Office on Tuesday.

Taking part in the “Türkiye Century Investment Reception" in the Qatari capital Doha, Burak Daglioglu said investors are closely following Türkiye's moves and reforms in the field of digitalization and sustainability to get a larger share of supply chains.

Such receptions are bringing together investors in numerous world capitals to boost Türkiye's share of global investments, he told Anadolu.

"In our second century, which we will start under the leadership of our president, what are our goals, what is our vision, what does the Turkish Century mean, we explain this to investors," he stressed.

The receptions began in London and then some Asian countries and the US, he said, adding that they have now reached Gulf countries.

"Especially the shaping of supply chains creates investment opportunities for us, Türkiye has a great advantage in discussions of sustainability, we are a country that was prepared very early for this race," he noted.

The digital economy is also a top international concern, he said, adding: "We will continue our promotional tours around these three themes (supply chains, sustainability and digital economy) in the coming days."

Regional hub

Commenting on Qatari investments in Türkiye, he said that there are important investments in the finance, infrastructure, technology, tourism, and manufacturing industries.

More than 200 companies with Qatari capital are operating in Türkiye with a total investment of over $3 billion, he said, adding: "We see that investment interest continues in similar sectors."

All countries are trying to shape their investment climate in parallel with global trends, he said, stressing that Türkiye has always kept its investment climate up to date and created an investor-friendly investment climate with strong reform movements under the president’s leadership.

"Türkiye has a very competent labor pool with high productivity, this is an advantage for both local companies and international investors," he noted.

Daglioglu said when international investors invest in Türkiye, they not only consider the domestic market of 85 million people, but thanks to its strong infrastructure and superstructure, logistical accessibility to neighboring countries, and critical investments from energy to health and education, Türkiye has now become a regional center.

"Our position as a geographical regional hub is also a factor that creates a positive difference for investors," he added.

*Writing by Gokhan Ergocun from Istanbul

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