Business · Companies · 15 hrs ago
Turkey's industry minister pitches country to technology investors
Turkey's Industry Minister Mehmet Fatih Kacır urged investors to consider the country as a manufacturing and technology partner at the two-day Bosphorus Summit.
The gathering, organised by the International Cooperation Platform, brought together government representatives, business leaders and investors from different regions.
Kacır said Turkey had expanded its manufacturing, exports and research and development since 2002, and described it as a leading exporter across a broad region after China.
He also pointed to Turkey's plan to build a spaceport in Somalia as part of its effort to develop strategic technologies.
A government programme aims to support $30 billion in investment by 2030 in areas including batteries, electric vehicles, chips, artificial intelligence and robotics.
The summit is intended to explore investment opportunities and strengthen economic ties, with more than 20 business meetings planned during its two days.
Turkey’s industry minister Mehmet Fatih Kacır urged technology investors to view Turkey as a reliable and competitive production and technology partner.
He made the pitch at the 17th Bosphorus Summit, organized by the International Cooperation Platform.
Kacır said Turkey was building a spaceport in Somalia and highlighted planned investment support for high-technology sectors.
The two-day summit brought together speakers from 32 countries and was set to include more than 20 business meetings.
- Who
- Industry and Technology Minister Mehmet Fatih Kacır.
- What
- He promoted Turkey as a destination for technology investment.
- When
- November 5, 2026. The summit was scheduled to run for two days.
- Where
- The 17th Bosphorus Summit in Turkey.
- Why
- Kacır said Turkey offers investors a reliable and competitive production and technology partnership.
This story does not have two clearly opposing sides.
Kacır spoke at the 17th Bosphorus Summit and presented Turkey to technology investors.
The summit was scheduled to host speakers from 32 countries and more than 20 bilateral business meetings.
- Speaker
- Mehmet Fatih Kacır
- Event
- 17th Bosphorus Summit
- Summit duration
- Two days
- Countries represented by speakers
- 32
- Planned business meetings
- More than 20
- Target investment support
- $30 billion by 2030
What people are saying
Turkey is the right address for investors seeking a reliable and competitive production and technology partner in the new global economic order
Turkey’s path is open, and its future is bright
Our aim is to multiply these success stories in strategic areas that will shape the economy of the future