Turkey is a prominent center of attraction for international investors with broad production potentials, qualified manpower, strategic location, modern logistics infrastructure and incentive packages that cater to any needs. Turkey has the required means to access a giant market of 1.3 billion people and US$26 trillion worth of trade volume with a four-hour flight radius. In addition to these advantages for trade, Turkey is among the most reliable routes of transporting energy sources on the east-west axis. Turkey’s rapid economic growth has led to the emergence of a thriving middle class with increased purchasing power over the last 19 years. More than 24 cities with over 1 million population each support a developing domestic market in Turkey. We are providing a growing local demand for multinational companies with our young and dynamic population, with an age average of 32.7. Compared to other EU member states, Turkey has the youngest population; and is also ranked among the top echelon of nations worldwide in terms of the number of qualified engineers. We have further reinforced this competitive position of our country with the reform process which we have conducted uninterruptedly for the last 19 years. We have created an investor-friendly environment which facilitates and enables the development of a dynamic private sector. In 2003, we introduced a special FDI law which provides assurance for international investors. We have valid agreements with many countries to protect bilateral investments and prevent double taxation. Turkey has managed to attract more than US$225 billion FDI since 2003. Companies that have preferred Turkey have also ramped up their investments over time, positioning our country as a center for production, export and management. In the future, we are determined to continue improving Turkey’s economic development and investment environment with both existing and new investors. To this end, we have developed Turkey's FDI strategy in cooperation with all public and private industry organizations under the coordination of the Presidency Investment Office. “Turkey’s Foreign Direct Investment (FDI) Strategy” will be a roadmap to bring in value-added investments in the areas needed in our economy. The main objective of this strategy document is to increase our share in global FDI inflows to 1.5% in 2023 in accordance with the 11th Development Plan. With this strategy document in place, we intend to increase our country’s share in knowledge-intensive and high-value-added investments which also create high-quality jobs by maintaining Turkey's central and competitive position in its region. Accordingly, we have designed 11 strategies and 72 actions. In the course of developing this strategy document, we have also considered the changing economic conditions with the COVID-19 pandemic and the related opportunities for our country. I hope this document will be of great benefit for our country and will serve as a useful guide for international entrepreneurs who plan to invest in Turkey. Also, I appreciate those who have put great efforts into the preparation of this strategy document. Recep Tayyip ERDOĞAN The President of the Republic of Turkey