The Investment Advisory Committee (IAC), chaired by Vice President of Türkiye Cevdet Yılmaz, was held at the Presidential Dolmabahçe Working Office. The meeting brought together ministers, representatives from public and private sector institutions, and 33 international investors from 11 countries with a combined market value of USD 15 trillion.
In his address to the distinguished attendees, Vice President Yılmaz emphasized the critical role of foreign direct investment (FDI) in Türkiye's economic transformation, noting, “FDI has been one of the most significant drivers of Türkiye's economic progress. While the country attracted only USD 15 billion in FDI during the 30-year period between 1973 and 2002, total FDI since 2003 has reached USD 282 billion as of July 2025."
In 2024 alone, FDI inflows totaled USD 11.3 billion, while the annualized figure rose to USD 13.8 billion as of July 2025, marking the highest level in recent years. The composition of these investments also points to a shift toward higher value-added projects. The share of export-oriented, climate-friendly, and high-skilled employment-generating investments that strengthen Türkiye's integration into global value chains continues to grow. To sustain and build upon this momentum, the Turkish government is actively advancing a reform agenda focused on both expanding existing investments and attracting new ones.
Since 2004, IAC meetings have served as a premier platform for dialogue between global business leaders and Türkiye's top policymakers, aiming to enhance the investment climate through international insight and collaboration. These meetings have also made significant contributions to the consultative processes carried out with the private sector under the Coordination Council for the Improvement of the Investment Environment (YOIKK).
This year's meeting once again convened senior executives of international companies in Istanbul, creating a productive environment for dialogue and collaboration. Held under the themes of “Global Supply Chains" and “Digital Investments," the two-session meeting featured in-depth discussions on investor perspectives and recommendations for further developing Türkiye's business and investment ecosystem.
With the participation of ministers and senior bureaucrats, the sessions addressed a wide range of strategic issues to boost Türkiye's global competitiveness and support sustainable growth. Key discussion topics included expanding green energy capacity, strengthening logistics infrastructure, advancing AI technologies, improving digital infrastructure, stabilizing supply chains, and building human capital for the twin transformation.
As part of this year's IAC meeting, a Memorandum of Understanding (MoU) was signed between the Investment and Finance Office and Amadeus, a leading global travel and transport technology company. This strategic partnership aims to strengthen Türkiye's travel and tourism ecosystem through the use of digital technologies and is expected to contribute significantly to technology exports and the development of a skilled workforce.
The next IAC meeting is scheduled for 2026 and will be chaired by President Recep Tayyip Erdoğan, with the participation of senior executives from major international companies. Insights shared at this year's meeting will help guide Türkiye's reform agenda in the interim, further enhancing its position as the nexus of the world.