Maliye Bakanı Mehmet Şimşek has announced that Turkey is becoming a preferred destination for significant investments in electric vehicles, batteries, and logistics from global firms. Sharing the statistics, Şimşek disclosed that from 2003 to June 2024, the country has attracted a total of USD 266.9 billion in direct investments.
Highlighting Turkey’s growing share in global direct investments, Şimşek noted that this share has increased from 0.2% before 2003 to 0.9% during the 2003-2023 period. He further mentioned that under the International Direct Investment Strategy, the aim is to raise this share to 1.5% by 2028.
Şimşek stated, “Through the twin transformation program and policies directed towards high-value-added production, we aim to transform our country into a larger production hub, thereby enhancing our growth potential and improving the welfare of our citizens.”
News Source: Statements by the Minister of Finance, Mehmet Şimşek.