President Recep Tayyip Erdoğan addressed the 17th Türkiye Investment Conference in New York, hosted by the Türkiye-US Business Council (TAIK) on the margins of the 80th United Nations General Assembly.
The conference brought together leading figures from government, finance, and business, including Treasury and Finance Minister Mehmet Şimşek, Trade Minister Ömer Bolat, Industry and Technology Minister Mehmet Fatih Kacır, Energy and Natural Resources Minister Alparslan Bayraktar, Central Bank Governor Fatih Karahan, Türkiye's Ambassador to Washington D.C. Sedat Önal, Investment and Finance Office President A. Burak Dağlıoğlu, DEIK President Nail Olpak, TAIK President Murat Özyeğin, and senior representatives from Turkish and US business circles.
President Erdoğan emphasized the strengthening economic ties between Türkiye and the United States, highlighting that bilateral trade exceeded USD 35 billion last year, with the US now ranking as Türkiye's second largest export market and fifth largest import partner.
President Erdoğan underlined opportunities for deeper cooperation in strategic sectors such as energy, cybersecurity, and space technologies, stressing that these areas would further accelerate the positive momentum in Türkiye-US relations.
On the topic of investment, President Erdoğan highlighted the significant progress made over the past two decades, stating, “Since 2002, Türkiye's investment climate has undergone a profound transformation. In the last 23 years, we have increased our share of global investments fivefold. In the first seven months of 2025, we attracted USD 8.35 billion in FDI. Over the past year, this figure reached nearly USD 14 billion."
President Erdoğan also underlined the nature of bilateral investments, noting that Turkish companies' investments in the US have reached USD 13.2 billion, while US companies' investments in Türkiye stand at USD 15.7 billion, with more than 2,000 US companies currently active in the country.
President Erdoğan further pointed to the recently announced Medium-Term Program as a roadmap for Türkiye's economic vision: “By 2028, we aim to grow our economy to USD 1.9 trillion, raise per capita income to USD 21,000, increase exports to USD 300 billion, and boost tourism revenues to over USD 70 billion. We will continue to strengthen a transparent, competitive, and secure market environment to make Türkiye even more attractive for investors."
President Erdoğan added that Türkiye's robust logistics infrastructure, modern ports, and advanced transportation networks make the country a strategic hub for global investors. The President emphasized that the government's priority is to attract more high-value-added, sustainable, and technology-driven investments aligned with green and digital transformation goals.