President of YASED: Investment of 7,100 million dollars is expected in 6 months

Engin Aksoy, President of the International Association of Investors (YASED), assessed the investment environment in Turkey at the YASED press conference.

Expressing that an investment of USD 7.1 billion is planned in Turkey in 6 months, Aksoy made the following assessments:

*Our members are planning an international direct investment of USD 7.1 billion in Turkey in the next six months.

*Our desire is to provide a predictable and stable environment, and to ensure that investments are legally secure.

*The most important risk factor for Türkiye is unpredictability

*We believe it is critical that the latest fixes in the style of tax increases be made in consultation with non-governmental organizations and the private sector and providing the necessary accommodation process.

* Among the most negative factors for Turkey are the volatility of the exchange rate and inflation.

*Macroeconomic stability and predictability of the regulatory framework will increase appetite for Türkiye.

*The trend in the world was the reduction of corporate tax, the reverse situation occurred in Turkey with the effect of the earthquake disaster; We hope the increase is temporary.

* Due to the electoral process, international direct investments did not stop, but if there was predictability, there could be much more investment

*There are also those who have an appetite for investment in Turkey and want to make a new entry, but are on hold (REUTERS)