Turkish Deputy Prime Minister Şimşek calls for investment in Turkey at Davos

DAVOS - Anadolu Agency

Turkey’s Deputy Prime Minister Mehmet Şimşek made calls for investment in Turkey while addressing a meeting late on Jan. 25 in Davos, Switzerland.

Şimşek, accompanied by Economy Minister Nihat Zeybekci, spoke before more than 100 Turkish and international business leaders at a dinner.

Şimşek and Zeybekci are in Davos as part of the World Economic Forum which is being attended by over 3,000 global leaders from more than 110 countries, including CEOs and more than 70 heads of states and governments.

Şimşek said Turkey’s economy has continued to grow despite a coup attempt in 2016.

The country’s Medium-Term Economic Program, which was announced on Sept. 27 last year, targets annual economic growth of 5.5 percent between 2018 and 2020.

“Turkey is back [despite the coup attempt] and strong,” Şimşek said.

He said 2018 will be much brighter for the country’s economy due to deals between Turkey and Russia on energy as well as positive signs in EU countries’ economies and the Turkish tourism sector’s recovery.

Also speaking at the event, Zeybekci talked about investments, incentives and structural reforms in Turkey.

He echoed Şimşek’s remarks that Turkey’s economy was strong despite the coup attempt.