Istanbul
Turkey is on its way to becoming a regional technology hub for international investments, with more and more foreign companies undertaking R&D efforts in the country, says Bekir Polat, deputy head of Turkey’s Investment Office.
Speaking to the state-run Anadolu Agency, Polat said that Turkey last year achieved a gross domestic product of $1.2 trillion, and the country aims to join the world’s 10 largest economies, noting the importance of Turkey’s digital and green transformation goals and investments to achieve the goal. .
Yandex’s new Yazika, an artificial intelligence search engine designed specifically for the Turkish market, is a testament to foreign companies’ interest in Turkey’s engineering strength and qualified workforce, he said, noting that the investment office will support Yandex in future investments, such as in cloud technology and taxi applications. upon request.
He pointed out that Türkiye remains a safe haven for long-term investments, while the world suffers from wars, and its competitive investment environment contributes to this.
Polat stated that Turkey has become one of Europe’s largest suppliers thanks to its successful efforts in digital and green transformation after the pandemic, while Turkey’s free trade agreement and customs union with the European Union enables it to reach 1.3 billion people and a total combined economy. Worth $30 trillion.
He added that the green and digital transformation will be the most important focus points in Turkey’s foreign direct investment strategy for the period 2024-2028.
