Istanbul, April 24 – Turkish Vice President Cevdet Yılmaz stated that Istanbul’s ambition to become a global investment and finance hub is being elevated to a new level with the ‘Strong Center for Investments in the Century of Turkey’ program. Speaking from his social media account, Yılmaz highlighted that the program, launched with the presence of President Recep Tayyip Erdoğan, aims to solidify Turkey’s status as an island of stability in an era of increasing global uncertainties.
Strengthening Investment Foundations
Yılmaz emphasized the creation of a robust investment environment through several key initiatives. These include investor-friendly regulations, expanded tax incentives, accelerated processes via a ‘one-stop shop’ system, and new moves focused on the Istanbul Finance Center.
“We are strengthening our country’s position as an island of stability with concrete steps during a period of increasing global uncertainties,” Yılmaz stated. “We are creating a strong investment ground with investor-friendly regulations, expanded tax incentives, accelerated processes with a ‘one-stop shop,’ and our new moves focused on the Istanbul Finance Center.”
Comprehensive Reforms for Sustainable Growth
The Vice President further elaborated on the comprehensive reforms planned to enhance Istanbul’s position as a central hub for capital, trade, and decision-making processes. These steps are expected to significantly contribute to sustainable growth across production, exports, technology, and entrepreneurship sectors.
“With the comprehensive reforms we will implement, we will strengthen Istanbul’s position as one of the centers of capital, trade, and decision-making processes,” Yılmaz added. “We expect the steps we take to make a significant contribution to sustainable growth in production, exports, technology, and entrepreneurship.”
Gratitude and Future Prospects
Yılmaz extended his gratitude to all contributors and expressed his hopes for the positive impact of these initiatives on the business world, financial circles, and the country as a whole. The program is seen as a pivotal moment for Turkey’s economic future, positioning Istanbul at the forefront of international finance.
The announcement underscores Turkey’s strategic vision to enhance its economic resilience and attractiveness for international investors, leveraging Istanbul’s unique geographical and cultural advantages.
