The 37th YASED General Assembly Meeting took place with the participation of Nihat Zeybekci, Minister of Economy.

 

YASED: “Today prioritization of policies that will boost international direct investments (FDI) is more important than ever for our country.”

The 37th Ordinary General Assembly Meeting of YASED International Investors Association was held in Istanbul on June 29, with the participation of Nihat Zeybekci, Minister of Economy. In the speech he delivered at the opening of the General Assembly, Minister Zeybekci said: “With the help of investors who trust in Turkey, we will achieve the contemporary civilization goal set by Veteran Mustafa Kemal Atatürk by 2023. The new system we have switched to with Sunday's elections will bring us one step closer to reaching this goal.”

YASED Chairman Ahmet Erdem said: “We would like to congratulate Mr. Recep Tayyip Erdoğan, who was re-elected as our President, and all the candidates elected as Parliament Members for the 27th Period. We hope that this new period will bring luck and prosperity to our country and nation. In this new period, prioritization of policies that will boost international direct investments (FDI) is more important than ever for our country since such investments critically contribute to the efforts to increase our country’s export volume, position it as a regional investment hub and ensure sustainable economic growth. Therefore, as YASED, we will continue to contribute to the efforts to make our investment and business environment more attractive and efficient in terms of international direct investments (FDI).  

The 37th Ordinary General Assembly Meeting of YASED was held in Istanbul on June 29, with the participation of Nihat Zeybekci, Minister of Economy. Delivering a speech at the opening of the General Assembly, Zeybekci stressed the contribution of international direct investments (FDI) to Turkey’s development.

Minister Nihat Zeybekci continued: “Turkey’s economic growth journey will continue. Turkey has attained an average growth of 7.5 percent in the last 6 quarters. It has increased its export volume by 10 percent in the last 21 months. No other country anywhere else around the world is able to promise the kind of growth Turkey does. The growth in 2018 - 2019 will also be driven by the private sector. The growing demand in private sector investments will continue. The role we should assume in this journey is to eliminate problems. With the elections held on Sunday, the new system will take us one step ahead towards achieving this goal. This new system will strengthen institutionalization in Turkey. Presidential economy boards and councils will be established, and you will be part of these boards. The presidential system will include organs to be created for YASED and the business world to make decisions. We will build individual dialogs with each of our investments in the presidential system. We will determine their requirements and continue to create solutions. Let’s keep believing in Turkey. Those trusting in Turkey have always won. And they will continue to do so.

YASED President Ahmet Erdem explained that the June 24 election was followed by Turkey’s transition to a presidential system. As YASED, we wish that Turkey will welcome the future with prosperity. We also wish that our country will assume it as its number one priority to take measures in the field of the economy, while rapidly taking the necessary steps. We expect our country to adopt economic and macro reforms to integrate our country into the global economy, ensure a sustainable flow of investments and enhance our global competitive power across any field.  

He added: “We believe that continuous growth of the Turkish economy requires sustaining the efforts to improve the economic landscape, without slowing down. This can be achieved by paving the way for international investments. Therefore, prioritization of policies that will boost international direct investments (FDI) is more important than ever for our country since such investments critically contribute to the efforts to increase our country’s export volume, position it as a regional investment hub and ensure sustainable economic growth.

As YASED, we believe in the future of Turkey

Stating that improvement of the investment landscape requires “continuity”, Erdem said: “We believe that Turkey must continuously compare with rival countries and evaluate the dynamics that shape the direction of international direct investment (FDI) activities in order to become a regional investment attraction hub. This is where topics such as legal security, predictability, competitive tax and incentive policies come to the forefront. We need to take the steps to make our country more attractive than rival countries as part of the efforts to improve the investment landscape. It is critically important to sustain such steps resolutely and steadily in the second half of 2018 as well.”

Emphasizing that they continue to work with the goal to drive more investments and more employment, Erdem said: “We believe in the future of Turkey, and we will continue to do so by maintaining our sustainable investment perspective.”


 

With contributions of Vodafone