Global Companies Choose Turkey for Battery and Electric Vehicle Investments

Mehmet Şimşek, Turkey's Minister of Treasury and Finance, stated that major global companies are choosing Turkey for their electric vehicle, battery, and logistics investments, noting that "a total of $266.9 billion in direct investment was made between 2003 and June 2024."

Minister Şimşek shared these direct investment statistics via his social media account, highlighting Turkey's growing share in global direct investments. Şimşek commented, "Global firms are increasingly choosing our country for their electric vehicle, battery, and logistics investments. From 2003 to June 2024, a total of $266.9 billion in direct investment entered Turkey."

"Our Goal is to Raise It to 1.5%"

Şimşek also pointed out that Turkey's share of global direct investments, which was 0.2% before 2003, rose to 0.9% in the 2003-2023 period, and he shared the following:

"Our International Direct Investment Strategy aims to increase this share to 1.5% by 2028. Through policies focused on twin transformation and high value-added production, we will turn our country into a larger production hub, boosting our growth potential and improving the welfare of our citizens."

Küresel ölçekte büyük firmalar elektrikli araç, batarya ve lojistik yatırımları için ülkemizi tercih ediyor.

2003-2024 Haziran döneminde toplam 266,9 milyar dolar doğrudan yatırım girişi gerçekleşti.

2003’ten önce yüzde 0,2 olan küresel doğrudan yatırımlardan aldığımız pay… https://t.co/ULqI7BPjY9 pic.twitter.com/09iDCGdFzs — Mehmet Simsek (@memetsimsek) August 21, 2024