Union of Chambers and Commodity Exchanges of Turkey

Hisarcıklıoğlu pointed out that bigger and faster steps should be taken despite naysayers stating that Turkey will become insular and that the regulations made in the last period are indicative that the state is looking out for investors.

The Coordination Council for the Improvement of the Investment Environment (YOIKK) convened under the chairmanship of Deputy Prime Minister Nurettin Canikli. Also attending the meeting were Minister of Environment and Urbanism Mehmet Özhaseki, Development Minister Lütfi Elvan, Minister of the Treasury Naci Ağbal, Minister of Justice Bekir Bozdağ, Science, Industry and Technology Minister Faruk Özlü, Minister of Industry and Technology Faruk Özlü, Customs and Commerce Minister Bülent Tüfenkci and TÜSİAD Vice President Murat Özyeğin.

Speaking at the opening of the meeting, Deputy Prime Minister Nurettin Canikli said: “As of April 30th, loans of 160 billion TRY were provided to 225,358 companies supported by the Credit Guarantee Fund (KGF) and 238,595 SME loans amounting to 5.9 billion TRY were used as a part of the interest free KOSGEB loans.”

Canikli said that Turkey has witnessed a historic change through the constitutional amendment referendum on April 16^th.

Underlining that the new government system is an opportunity not to be missed for a Turkey that produces more, attracts investors, exports, creates employment and has more say in the global economy, Canikli expressed that they expect private sector investments to increase further.