Turkey’s president on Monday said the government is determined to make the country a center for domestic and international investors by offering low risk, high confidence and satisfactory earnings.
“OUR COUNTRY WILL BE ABLE TO REACH ITS 2023 TARGETS WITH THE SUPPORT OF OUR 83 MILLION CITIZENS”
“In the upcoming period, we will further improve the investment environment with additional reforms in this area,” Recep Tayyip Erdoğan told a virtually-held International Investors’ Association (YASED) summit.
He said the government has launched inclusive new reforms in law, democracy and economy in this regard. “Our country will be able to reach its 2023 targets with the support of our 83 million citizens,” he said, adding that they are open to constructive criticism and innovative ideas.
Noting the strong economic growth rate achieved in Q3, he said, this is a testament to the country’s successful recovery period from the pandemic. “We are one of the few countries that increased their investments at a time when direct investments decreased all over the world. In 2018, when global direct investments declined by 12%, direct investments in our country increased by 17.3% and exceeded $13 billion,” he said.
Direct investments to the tune of $220 billion made in Turkey since 2002 represent the trust of international entrepreneurs, he added.