Minister Kacır met with the World Bank IFC delegation
Investment potential and cooperation opportunities in industry and technology were evaluated
Quick Look
- Minister of Industry and Technology Mehmet Fatih Kacır met with the World Bank IFC delegation in Istanbul.
- During the meeting, high technology, green transformation, digitalization and Türkiye's position in global value chains were discussed.
AI-generated summary
Why It Matters
Minister Kacır met with the IFC delegation in Istanbul to discuss cooperation opportunities in industry and technology.
Minister Kacır announced that they evaluated Turkey's investment potential and new areas of cooperation in the field of industry and technology.
Sharing a post on his social media account regarding the subject, Kacır included the following statements: "We met with Mr. Imad N. Fakhoury, Regional Vice President of the World Bank Group International Finance Corporation (IFC) for the Middle East and Central Asia, and his delegation in Istanbul. We evaluated Turkey's investment potential and new areas of cooperation in the field of industry and technology.
We particularly discussed the development of international financing opportunities and the support of investments in the fields of high technology, green and digital transformation.
Thanks to the Industrial Areas Master Plan, the Development Road, the Zangezur Corridor, and new connections to be established with the Istanbul Northern Railway Crossing, Turkey is strengthening its position in global value chains.
With the Turkey Industrial Decarbonization Investment Platform, we are mobilizing international resources for Turkish industry in green production. We are accelerating productivity increases through investments in robotics, artificial intelligence, and digital transformation."
Open Questions
- Which concrete projects will receive financing?
- How much will the investment amount be?
