Türkiye, positioned as a regional manufacturing heart, affords important alternatives to traders on the way in which to reaching sustainability and digitalization objectives and stands out as a “safe harbor” on this regard, a prime official stated on Saturday.
Answering the questions of the Anadolu Agency (AA) inside the scope of the “6th Annual Private Equity Funds Meeting” organized by Globalturk Capital in cooperation with the Global Private Equity Association (GPCA), head of Presidency’s Investment Office Ahmet Burak Dağlıoğlu said that macroeconomic developments in Türkiye have been evaluated on the occasion that introduced collectively world traders from many components of the world.
“This issue is a matter closely followed by international investors. We have been observing the results of the economic program implemented for about one and half years,” he stated.
“Price stability is a priority target. However, despite the negative developments in the world and inflation, Türkiye continues to grow,” he added.
Dağlıoğlu emphasised that 1.1 million jobs have been created in Türkiye within the final 12 months and stated that the unemployment price decreased to eight.5%.
He additionally identified that Türkiye preserved its export energy regardless of weak world demand and plenty of detrimental geopolitical developments, and stated, “When we look at net export and import data, we are going through a period where the current account deficit is decreasing, which is considered a positive indicator for international investors.”
“When we look at the growth figures of the last two quarters in particular, we see a picture where net exports are positive and almost half of the average growth stems from net exports due to the decrease in imports. This is also considered healthy growth by investors,” he defined.
Furthermore, Dağlıoğlu said that Türkiye had a profitable 12 months by way of attracting worldwide direct funding, including that that is truly a growth “parallel to last year.”
“Again, due to the shrinking investment environment in the world, we see that Türkiye is actually slightly below its long-term average. The last 12-month data in international direct investments is around $10.5 billion. Last year, this figure was $10.6 billion, and we are exhibiting a parallel performance this year as well,” he famous.
Dağlıoğlu additionally drew consideration to the large-scale investments which have been signed just lately, touching upon offers equivalent to BYD’s $1 billion plant in Türkiye.
“BYD announced electric car production in Türkiye, while Nordex announced a 1 billion euro ($1.1 billion) investment plan in the energy sector. Bosch plans to invest around $500 million on green hydrogen systems in its Bursa facilities,” he stated.
“In addition, the Abu Dhabi Development Authority (ADQ) is taking over Odeabank. Kazakhstan-based investors purchased Hepsiburada shares. Such investments reveal Türkiye’s potential to become a technology and production center,” he added.
Daglıoğlu, pointing to rising investments within the protection and aviation sectors, stated that occasions such because the SAHA EXPO introduce Türkiye’s success on this subject to traders all over the world.
He additionally remarked that know-how entrepreneurship continues to be a placing space for traders and stated, “Investments related to technology and technology entrepreneurship always attract the attention of investors.”
Dağlıoğlu additionally revealed that one other space that traders deal with in Türkiye is know-how and manufacturing, including: “We observe that R&D center, innovation center projects, regional management and training centers that provide high-quality employment, and projects that include regional functions such as purchasing offices are increasing in Türkiye.”
“Investors are interested in this area,” he stated. “When we look at the developments in the world, with the reshaping of the global value chain and global supply chains, people are looking for a safe harbor where they can access a wide geography, and Türkiye offers them a safe harbor opportunity in this sense.”
Source: www.dailysabah.com