Business · Trade · 19 hrs ago

Türkiye invites Chinese companies to invest in green industries

Türkiye invites Chinese companies to invest in green industries

Türkiye’s trade minister invited Chinese companies to invest during a green development forum in Istanbul.

Ömer Bolat said Türkiye wants ties with China to move beyond buying and selling goods towards more investment and technology cooperation.

He named renewable energy, energy storage, electric mobility and low-carbon industry as possible areas for joint work.

Bolat said Türkiye aims to raise its wind and solar power capacity to 120 gigawatts by 2035.

The plan is part of Türkiye’s effort to meet its 2053 net-zero emissions goal and expand green industries.

He also pointed to investment incentives and called for more funding for businesses through green bonds and sustainable funds.

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Ömer BolatTürkiye’s trade minister
In this new period, relations between Türkiye and the People’s Republic of China should go far beyond a traditional buying-and-selling trade relationship.
via Sabah
We aim to transform our relations into a more balanced trade relationship and a sustainable partnership based on mutual investments, technological cooperation and value-added production.
via Sabah

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