Türkiye unveils HIT-30 Program to boost high-tech investments
The Ministry of Industry and Technology is starting a new initiative to make Türkiye the focal point for high technology investments.
- Technology
- Published Date: 11:12 | 26 July 2024
- Modified Date: 11:27 | 26 July 2024
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The "HIT-30: High Technology Investment Program" will be introduced in a ceremony beginning today.
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The "HIT-30: High Technology Investment Program Promotion Event," taking place today at the Istanbul Atatürk Cultural Center, will be attended by President Recep Tayyip Erdoğan.
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Minister of Industry and Technology Mehmet Fatih Kacır will inaugurate the event.
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A SIGNIFICANT STEP IN INVESTMENT
The HIT-30 Program aims to create advantages for Türkiye to lure new high-tech, value-added investments, making Türkiye a key area for high-tech investments.
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TO BE ANNOUNCED TO THE WORLD
Minister of Industry and Technology Mehmet Fatih Kacır provided information on Türkiye's new incentive framework for high-tech investments by saying, "In the upcoming period, we will offer new incentives for green and digital transformation, high value-added production, and converting local potential into economic value."
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Minister Kacır added, "The program we have prepared will be announced to the world by our President and will attract global investors' attention to Türkiye".
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With this initiative, Türkiye seeks to elevate its technological development and high value-added production capabilities.
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New endorsements and incentives are expected to be announced at the promotion event. The event will be attended by senior executives from domestic and foreign companies, foreign investors, and leading figures in the business world.