
Minister of Industry and Technology Mehmet Fatih Kacır touched upon the transformation in the global economy and Türkiye's export and technology moves in his speech at the opening of a summit.
Minister of Industry and Technology Mehmet Fatih Kacır stated that the center of gravity of the global economy is shifting from west to east and emphasized that Türkiye has become a strong center with its production, export and technology investments in recent years.
AI-generated summary
The Ministry of Industry and Technology implements various incentive packages to support Türkiye's growth in production, exports and technology.
Speaking at the opening of the summit, Minister Mehmet Fatih Kacır stated that we are in a process where the global economy is searching for direction due to geopolitical and strategic fractures, and stated that the free trade approach, which has been seen as the basis of global prosperity for many years, has gradually been replaced by an economic approach where protectionism comes to the fore.
Stating that countries see their production and technology development capabilities as an integral part of their national sovereignty, Kacır said, "With this period that completely redraws the global map of production and investment, the center of gravity of the global economy is shifting from west to east." he said.
Kacır noted that they have prepared Türkiye strongly for these days with the political and economic stability they established under the leadership of President Recep Tayyip Erdoğan, policies prioritizing R&D and high value-added production, and investments in qualified human resources.
Stating that there is a much different picture of Turkey in the early 2000s with its production capacity, technology development ability and access to world markets, Kacır said, "In the last 23 years, we have increased our national income from 238 billion dollars to 1.6 trillion dollars with our investment, employment, production and export-oriented development model."
"We offer the strongest support to investments that will accelerate the twin transformation of our production infrastructure and regional development."
Minister Kacır stated that they increased their annual product exports from 36 billion dollars in 2002 to 283 billion dollars with the strong trade networks they established all over the world, from Europe to Africa, from the Middle East to Asia.
Stating that Türkiye is today the leading exporter country in terms of product and market diversity in the wide belt extending from China to Central Europe, Kacır said, "We will continue to be close to those who provide employment, produce, export and do not hesitate to take responsibility for this country, as we have for 23 years." he said.
Kacır stated that they will take Türkiye to the position it deserves in the world with its value-added production infrastructure and the enormous capacity they have created in technology development and production in the Turkey Century, and said, "With our new incentive system, which we put into effect with the approval of our President last year, we offer the strongest support to investments that will accelerate our National Technology Move, the twin transformation of our production infrastructure and regional development." made his assessment.
Reminding that they opened a new window in the Investment Committed Advance Loan Program last week, Kacır said, "In the new application aimed at accelerating incentive-certified manufacturing industry investments, all strategic projects will be directly applied, and other projects implemented with an investment of over 100 million liras will be given priority to factors such as the progress level of the investment, realization in OIZs and industrial zones, and R&D activities of the investor, with a 5-year maturity with a principal payment of 1 year, and the Central Bank policy interest rate at 10." "We will provide resources with 7th of the financing cost." he said.
"We are establishing a sustainable production structure that uses resources efficiently in our country."
Minister Kacır stated that another important step they took to make Türkiye the address of more new technology investments is the HIT-30 High Technology Investment Program, and stated that in the program, they offer financing and suitable investment areas under attractive conditions for investments that will provide the country with significant gains in technology development and production ability.
Kacır noted that they increased Turkey's advanced technology production power with their calls for the production of batteries, electric vehicles, solar cells, wind turbines, chips, defense technologies, data centers, artificial intelligence, industrial robotics and the establishment of a large-scale R&D center, and said:
"The investments we aim to realize with 30 billion dollars of state support by 2030 will take Turkey to the top of the global innovation league. While we expand our industry with high value-added production, we also establish an environmentally friendly, resource-efficient and sustainable production structure in our country. "We see combining the efforts of Turkish industry and international financial institutions towards the net zero emission target and implementing working models that benefit from the financial resources, expertise and knowledge of these institutions as the key to successfully achieving the green transformation of our industry."
"We activate local potential with investments in manufacturing industry, mining, agriculture, tourism and health."
Mehmet Fatih Kacır reminded that they offered more than 1 billion dollars of financing to industrialists, SMEs and green technology initiatives with the "Turkey Green Industry Project", "Turkey Organized Industrial Zones Project" and "Turkey Social Inclusive Green Transition Project", which they carried out in cooperation with the World Bank.
Noting that they have taken an important step towards providing 5 billion euros of international financing for the green transformation investments of the industry by 2030 with the Turkish Industry Decarbonization Investment Platform, Kacır said, "In the Local Development Move Program, 4 priority areas appear in each of our cities, and we are activating the local potential with investments in the manufacturing industry, mining, agriculture, tourism and health." he said.
Kacır stated that while technology is reshaping almost every aspect of life, from production to trade, from security to social life, startups are at the forefront of change with their agility, ability to quickly implement innovation and transform technology into economic value.
Noting that building a strong entrepreneurship ecosystem that will enable globally assertive technology startups from Turkey to emerge, grow and open up to the world is the key to a more prosperous and stronger Turkey, Kacır said, "We especially offer opportunities for our qualified human resources and entrepreneurs to develop their ideas and concretize their projects, and we put in place the support mechanisms they need." he said.
"We have a large, young and dynamic domestic market with a population exceeding 86 million."
Minister Kacır noted that within the scope of the Turcorn 100 Program, which paves the way for startups with growth potential on a global scale, they offer multidimensional support to high-potential startups, ranging from investor access to internationalization, from mentoring to strategic collaborations.
Stating that they will open Terminal Istanbul with all its functions in 2027, Kacır said, "Terminal Istanbul has already become the focus of international attention. To date, dozens of our international stakeholders from 14 different countries have been included in the Terminal Istanbul ecosystem." he said.
Kacır stated that with the "Digital Company" application, they will ensure that the establishment processes of technology enterprises are managed entirely on the digital platform and facilitate their incorporation processes, and that they will alleviate the financial burdens on entrepreneurs in the incubation stage with the virtual office service and spread the entrepreneurship ecosystem to the grassroots.
Stating that Türkiye will become a much stronger center for investments, initiatives and talents in the future, Kacır said, "Turkey is a unique center with its geographical location, steadily growing economy, logistics advantages and qualified human resources. We have a large, young and dynamic domestic market with a population exceeding 86 million." made the statement.
AI outlook — possibilities, not facts
Terminal Istanbul will be opened with all its functions in 2027.
Likely · Within months

According to S&P Global Ratings' analysis, property and accident insurance return on equity in Türkiye has exceeded 40 percent in the last 3 years; Profitability is expected to continue in the coming period.

While the expectation that the Fed would continue to increase interest rates in October declined due to the cautious messages of New York Fed President Williams and the tightening effect in the bond market, December began to stand out.
Iraq made a 15 percent devaluation by increasing the official dollar exchange rate from 1,300 dinars to 1,500 dinars due to the pressure on the economy caused by the war and transportation disruptions in the Strait of Hormuz.
CBRT President Fatih Karahan stated at the World Investor Week summit that disinflation will gain momentum again with tight monetary policy as the impact of the shocks fades.
The European Commission is preparing to implement new restrictions and protection measures due to the rapid increase in Chinese hybrid vehicle sales.

Türkiye's total exports for the January-September period increased by 5.2 percent, reaching 210.9 billion dollars. The automotive industry broke a record with 31.1 billion dollars; The biggest market was Germany.