Turkiye Unveils 2025 Action Plan for Investment Climate Enhancement
Key Ideas
- Turkiye's 2025 Action Plan focuses on 39 targeted actions to improve the investment climate, with a strong emphasis on industrial transformation, renewable energy, and regional development.
- The plan aims to stimulate private sector investment, reduce bureaucratic barriers, and align Turkiye's commercial framework with international standards.
- Efforts include expanding industrial zones, making energy-intensive zones more sustainable, launching a national hydrogen strategy, and preparing for an Artificial Intelligence Action Plan.
- The plan also introduces initiatives for vocational training, improved legal frameworks, university-industry partnerships, and region-specific development opportunities.
Turkiye's Investment Environment Improvement Council (YOIKK) has revealed its 2025 Action Plan to revamp the nation's investment climate. The plan consists of 39 targeted actions focusing on industrial transformation, renewable energy, the digital economy, and regional development. It aims to boost private sector investment, reduce bureaucratic hurdles, and align Turkiye's business framework with global standards. Key objectives include enhancing industrial output, promoting technological innovation, and providing legal certainty for investors. The Ministry of Industry and Technology will lead the expansion of organised industrial zones as part of a broader national industrial strategy, while the Ministry of Energy and Natural Resources will work on enhancing sustainability in energy-intensive zones. To simplify processes, a single-window investment platform is proposed, along with legal reforms to enhance predictability for investments and expedite dispute resolution. The plan also includes adjustments to enterprise and SME classifications to reflect evolving economic conditions. The focus on vocational training involves setting up higher education institutions within industrial zones in partnership with local chambers of commerce to foster university-industry collaborations and address workforce demands. A significant step towards clean energy is the forthcoming launch of a national hydrogen strategy by the Ministry of Industry and Technology, which will cover legislative, safety, and infrastructure aspects for hydrogen production, supporting research in electrolysers and fuel cells while ensuring compliance with EU environmental regulations. Furthermore, preparations are underway for a 2026–2030 Artificial Intelligence Action Plan to enhance ethical AI development and elevate Turkiye's global position. Initiatives like the National Cloud Computing Strategy and updated National Data Strategy will tackle issues such as data localization and infrastructure deficiencies. The plan also introduces the Local Development Initiative Program to identify and bolster region-specific opportunities, with a nationwide call for proposals expected in the near future.
Topics
Training
Renewable Energy
Clean Energy
Regional Development
Private Sector
Reforms
Digital Economy
Industrial Transformation
Investment Climate
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