HomeTechnologyTürkiye aims to be center of high-tech investments in 2025

Türkiye aims to be center of high-tech investments in 2025

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Türkiye is aiming to develop into a worldwide middle for high-tech investments, with important developments anticipated in fields starting from biotechnology to industrial robots.

Industry and Technology Minister Mehmet Fatih Kacır instructed Anadolu that 2024 was a profitable 12 months for Türkiye’s industrial and technological developments, with key achievements corresponding to crewed house missions and the launch of the nation’s first indigenous communications satellite tv for pc, Turksat 6A.

“Türkiye broke out of its shell and gained the opportunities and the capability to realize some of the most ambitious high-tech projects,” he mentioned.



Kacır highlighted that Türkiye had elevated its industrial manufacturing greater than some other Organisation for Economic Cooperation and Development (OECD) nation over the past 22 years, attracting practically $7 billion in investments.

“We will announce an investment package of over $2 billion, with the first phase beginning next month, and we will significantly boost Türkiye’s high-tech production and exports in 2025. Our goal is to take these capabilities to the next level with higher value-added products and investments,” he mentioned.

“We hope that 2025 will bring more rapid investments in electric vehicle (EV) technologies, batteries, solar cells, wind turbines, chip production, research and development centers, biotechnology, industrial robots, and hyperscale data centers, through the new calls we will release,” he added.

LEADING BRANDS PREFER TÜRKİYE


Kacır talked about that Chinese EV producer BYD introduced plans to spend money on Türkiye for next-generation EV manufacturing, with manufacturing anticipated to begin in 2026.


“There are several investments that have reached the final stage or are close to it. It’s important for us to attract global investments to Türkiye, as we want leading brands in technology to choose Türkiye for their research and development operations, production, and exports to the world,” he mentioned.

“We are currently in talks with Chery and other companies in the field, and our priority is to ensure these investments generate added value in our country, with R&D and innovation efforts taking place here in Türkiye,” he added.

Kacır additionally famous that the Turkish EV model Togg turned the chief in its class in Türkiye, and a brand new fastback mannequin shall be launched this 12 months.

He emphasised that progress in EV, battery, and autonomous automobile applied sciences will increase Togg’s competitiveness.

“There are areas where Togg needs to gain an edge, and we’re preparing Togg for the future,” he mentioned.


“Togg is a platform that enables the rise of many tech initiatives in mobility technologies in Türkiye,” he added. “The number of Togg cars on the road exceeded 50,000 last year.”

TÜRKİYE’S SATELLITE, LUNAR RACE


Kacır mentioned that Türkiye’s potential to develop and produce satellites had enormously improved, positioning the nation to compete globally in Earth remark, imaging, and communications satellite tv for pc applied sciences.

“Türkiye will definitely become one of the world’s major satellite makers,” he mentioned, citing the capabilities of the general public sector.

Kacır additionally famous that Türkiye’s lunar program stays a precedence, with plans to achieve the moon with a totally home spacecraft.

“All tests of our hybrid rocket engine have been completed, and we are now in the production phase. We aim to complete it quickly and launch it into space. For the lunar project, we will first send a satellite to operate in lunar orbit to collect data, ultimately leading to a soft landing on the lunar surface,” he mentioned.

“Today, we’re more ready for our lunar program than ever,” he added.

MORE TURKISH UNICORNS TO COME


Kacır highlighted that Türkiye now boasts over 11,000 technoparks and greater than 1,600 analysis and growth (R&D) and design facilities.

The nation presently has seven unicorns (Turcorns)-a unicorn being a privately owned startup with a valuation exceeding $1 billion-and Kacır famous that “many tech startups did not sell their stocks when they could have been worth over $1 billion.”


“If some of our tech startups receive investment (from us), more Turcorns may be on the way,” he mentioned.

“Our investments in Turkish tech startups have reached a total of $5 billion in the last five years, and we aim to increase this figure with new programs,” he added.

Kacır talked about that help for small- and medium-sized enterprises (SMEs), together with an employment safety program for labor-intensive sectors, remains to be obtainable.


“We can’t afford to leave any of our sectors behind, so we will continue with that in mind, protecting all sectors and bringing development to all cities and regions of Türkiye while making a leap in high-tech sectors,” he mentioned.

TURKISH PROVINCES TO ADVANCE WITH INCENTIVES


Kacır revealed {that a} provincial growth program was launched final 12 months to supply superior funding incentives in key areas for every of Türkiye’s 81 provinces.


“These key areas may come as a surprise, as they will be revealed after pre-feasibility studies are concluded to examine and determine the raw materials that can create value in each province,” he mentioned.


“I believe the investments from this program will bring significant economic vitality to our provinces, and some key areas will trigger investments for the first time in Türkiye,” he added.

TÜRKİYE CONTINUES TO STAND WITH SYRIA


Kacır mentioned that Türkiye’s southeastern area will profit from new developments in Syria.


He famous that the Southeastern Anatolia Project (GAP) and the Konya Plain Project (KOP) motion plans estimate an funding of practically 500 billion Turkish liras (round $14 billion) by 2028. Further motion plans for the Eastern Black Sea and Eastern Anatolia areas may even be introduced.


“We will provide support for Syria in our new development journey with our capabilities and look forward to sharing our know-how with our counterparts in Syria to jointly work on industrial investments,” he mentioned.


“Just as we did during the country’s most difficult days, we will continue to stand with Syria in the future,” he mentioned.

Kacır mentioned that new steps have to be taken within the infrastructure, transportation, vitality, and agriculture sectors in Syria to generate added worth.


“We will share our facilities and capabilities in scientific research in Syria’s organized industrial zones,” he added.

Source: www.anews.com.tr

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