Independent Industrialists and Businessmen Association (MÜSİAD) President Abdurrahman Kaan made a written statement following the meeting of the Coordination Council for the Improvement of the Investment Environment (YOİKK) held today.

Kaan noted the following in his statement:

Türkiye has attracted USD 217 billion of foreign investment in the last 17 years and has risen from 61st place to 43rd place in the world ranking in this field. This is encouraging, positive data for the new period.

The reform process that began after the transition to the Presidential Government System is important for the determination of investment policy.

The meeting was extremely productive and result-oriented outputs were obtained. At the meeting, new plans were laid on the table in order to determine the road map of investment, and it was decided to proceed with concrete steps by forming working groups. In this respect, it was decided that draft action plans would be worked on and that the next meeting would be held one month later. Within the one-month period, a working systematic in which all stakeholders party to YOİKK will act together has been adopted. It was decided to work along the axis of the 11th Development Plan and in a way that will affect the plan, and the logic of synchronized action plans aimed particularly at supporting investments to come from abroad was found positive.

It was assessed that working within a correctly defined and result-oriented system aimed at a solution would be productive. It was underlined that both incentive systems and project-based work should be taken into consideration, without forgetting the fact that Türkiye will act within a highly fierce competitive environment at the point of attracting investment. The positive climate created by the reform processes and the 4.5-year uninterrupted administration period offer a highly encouraging and favourable environment for investment planning. It is also an important development that at the end of the monthly meetings there will be regulations that will pave the way for the investment planning and implementation processes to be finalized in November.