The economic partnership between Qatar and Turkey continues to strengthen, with over 240 companies backed by Qatari capital now operating within Turkey. The announcement was made by Furkan Karakaşa, Vice President of the Investment Office of the Presidency of Türkiye, during a networking event held alongside the inaugural Web Summit Qatar 2024.
The event, organized by the Turkish Embassy in Doha, brought together Turkish tech entrepreneurs, investors, and startup representatives participating in the world-renowned technology conference.
A Growing Bilateral Partnership
Karakaşa highlighted the significant momentum gained in economic and investment relations between the two nations in recent years. This growth is reflected in the increasing number of Qatari-funded enterprises establishing a presence in Turkey, signaling strong investor confidence and a deepening strategic alliance.
He also noted that the Investment and Finance Office serves investors through its branches across 14 countries on six continents, facilitating international collaboration and investment flows into Turkey.
Diverse Sector Investment
The Qatari investments are not concentrated in a single area but span a wide range of strategic sectors. According to Karakaşa, these companies are active in finance, infrastructure, logistics, real estate, technology, and health, contributing to broad-based economic development and innovation within Turkey.
Strengthening Ties at Web Summit Qatar
Ankara’s Ambassador to Doha, Mustafa Göksu, expressed his satisfaction with the strong participation of Turkish companies at Web Summit Qatar. He emphasized the global competitiveness of Turkish firms, which are making strides in fields from artificial intelligence to sustainable energy.
“International events like this are critically important for enabling our entrepreneurs to connect directly with investors and seize opportunities for collaboration,” Göksu remarked during his address. The summit provides a vital platform for Turkish startups to showcase their products and forge new partnerships on a global stage.
About The Investment Office of the Presidency of Türkiye
The Investment Office of the Presidency of the Republic of Türkiye is the official organization for promoting Turkey’s investment opportunities to the global business community and for providing assistance to investors before, during, and after their entry into Turkey. It is responsible for encouraging investments that are needed for the further development of the Turkish economy.
Source: Anadolu Agency
