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Türkiye's trade and technology ministers detailed the nation's strategy for global competitiveness, green energy, and international investment, having attracted $300 billion in foreign direct investment over the past 23 years.
The country has invested roughly $300 billion in transportation and $200 billion in energy infrastructure, The Caspian Post reports, citing Turkish media.
Türkiye's trade and technology ministers on Monday outlined the country's path to global competitiveness, green energy and international investment. Speaking at the Powerhouse for Investment in the Türkiye Century press conference in Ankara, Trade Minister Omer Bolat highlighted key measures taken to support export sectors and draw foreign direct investment.
Green Alignment
Since 2021, Bolat said, Türkiye has aligned its industrial regulations with the EU Carbon Border Adjustment Mechanism and Green Deal criteria, a landmark policy designed to prevent carbon leakage. The government has coordinated closely with private sector representatives to adapt key industries such as cement, steel, fertilizer, energy and textiles to the new environmental standards. Bolat further said Türkiye has invested roughly $300 billion in transportation and $200 billion in energy infrastructure under President Erdoğan's leadership. The country attracted $300 billion in foreign direct investment over the last 23 years.
Tech Visa Program
Industry and Technology Minister Mehmet Fatih Kacir said the country eliminated bureaucratic obstacles for establishing digital companies under the Tech Visa program. International investors can now set up businesses remotely through passport-based identity verification. Entrepreneurs gain access to virtual office services and automated accounting infrastructures to reduce operational costs. The Tech Visa program brought over 5,000 digital talents to the country in its first year, granting work permits within two weeks.
Green Energy Goals
Kacir reaffirmed that green transformation remains a primary strategy. Türkiye reached an installed capacity of 23 gigawatts in solar energy and 13 gigawatts in wind power, expecting to achieve 80 GW of solar and 40 GW of wind by 2035. The Russian-powered Akkuyu Nuclear Plant will begin production later this year, with plans for two additional nuclear investments aiming for 20 GW from conventional plants and 50 GW through small modular reactors.
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