Türkiye targets rising the quantity of software program exports to $7 billion in 2028, Trade Minister Ömer Bolat stated on Saturday in his tackle at an occasion in Istanbul.
Addressing the Innovation Champions Awards Ceremony, a part of the eleventh Türkiye Innovation Week (TIW) supported by the Ministry of Trade and hosted by the Turkish Exporters Assembly (TIM), Bolat emphasised the importance of innovation and technological transformation for manufacturing and export targets.
The awards ceremony additionally featured the attendance of different prime officers together with Vice President Cevdet Yılmaz, Treasury and Finance Minister Mehmet Şimşek, and different key authorities officers.
In his speech, Bolat emphasised that such organizations showcase Türkiye’s entrepreneurial spirit and modern capability, contributing to the nation’s technological and mental growth consistent with the “Century of Türkiye” imaginative and prescient.
Bolat highlighted that the world is present process an unprecedented modern period, with corporations experiencing transformations via applied sciences like AI, quantum and biotechnology. He additionally reiterated Türkiye’s dedication to enhancing its innovation ecosystem.
“Our goal is to make Türkiye a hub for startups and innovative firms that produce advanced technologies, both regionally and globally,” he stated.
The minister identified that Türkiye has elevated its items and providers exports by 7.5 occasions over the previous 22 years, with annualized items exports reaching $261.6 billion and providers exports hitting $111.1 billion as of September.
On the topic of excessive and medium know-how exports, Bolat acknowledged that Türkiye is approaching the determine of $100 billion, having doubled from 2012, and that the share of such merchandise in complete exports was round 40% final yr, with a aim to extend it to 50% by 2028.
He recalled that software program exports had been at $3.5 billion final yr and stated, “Our target for 2028 is $7 billion.”
Bolat remarked that Türkiye is now a big participant within the know-how sector, manufacturing quite a lot of high-value merchandise, together with its personal warships and drones.
He additionally famous that, in accordance with the 2024 Global Innovation Index by WIPO (World Intellectual Property Organization), Türkiye ranks thirty seventh amongst 133 international locations, putting it among the many prime 50 most modern international locations.
Pointing out the significance of carrying Türkiye’s achievements even additional, he harassed the priorities of addressing the present financial vulnerabilities, enhancing the funding setting and enhancing technological transformation that may guarantee unit worth enhance in exports.
Source: www.dailysabah.com