Stressing on the various facilities and facilities of special trade zones in the country, the Turkish Minister of Commerce invited foreign investors to participate in turkey’s domestic market and exports.
Turkish Trade Minister Rokhsar Pakjan said that extensive opportunities and incentives have been provided for innovation and investment of technological projects in special economic zones, and said: “We have implemented these facilities for the first time in the software and informatics sectors and we intend to implement them in other sectors with superior technology and high added value in the future.”
He stated that the Agreement of the Customs Union with Europe, the privileged logistical position, the young and skilled population and benefits such as competitive environment with Europe and quality infrastructure are the most important advantages of Turkey, said: While there is the potential to attract investment in many developing countries, Turkey has special and better conditions than other countries for these reasons.
Pakjan reiterated: Turkey seeks to become one of the main suppliers of products and goods in the world with the aim of attracting more direct investment, said the necessary measures are being taken to improve the investment environment in the country under the supervision of the Coordination Board for the Improvement of the Investment Environment (YOIKK). In the light of the efforts made, the Turkish Business Tahsil Index has reached 33rd place in the world with 27 stairs. Measures to improve these conditions are also continuing vigorously.
He stated that during the past years, facilities and conditions for easy establishment of the company in Turkey have been provided and its costs have been reduced, he said: Business registry offices are the only registration authority of the company and all activities are done electronically.
Pakjan also pointed to the government’s support for investment and exports and said companies with export-oriented and export-oriented potential can easily invest. As the Ministry of Commerce, we also have a support tool that acts according to the level of competence of companies. Our ministry will continue to support exporters and export high value-added goods and products. In this regard, especially the companies present in the global supply chain and manufacturing companies in the aerospace, aviation, electronics, machinery, automobile, mining, metals and chemistry sectors have the full support of the ministry and provide them with the necessary facilities.
– International cooperation to improve and develop the investment environment
Pakjan also stressed that the ministry is in constant dialogue with different countries and regions for bilateral and multilateral agreements and is following the EU’s Green Treaty Strategy and eu supply chain legal regulations.
Stating that Turkey is present at the WTO’s “Investment Facilitation Working Group”, he said: “We are active in terms of the predictability of economic and investment laws, transparency and easy access to public services for the investor, and we pay special attention to improving the investment space. Although the outbreak of the Kerna virus over the past year has reduced investments and economic activity around the world, we anticipate significant growth after corona with structural reforms and the provision of necessary facilities.
The Turkish Minister of Commerce also reiterated: Turkey’s strategic location, having a large domestic market with high consumption, ease of investment space, inclusion of an inclusive and alternative incentive mechanism, ease of exports to neighboring countries due to historical relations and having skilled and low-cost workforce are among turkey’s incentives and potentials for investment development in the country.