During his visit to Washington, President Recep Tayyip Erdoğan invited nearly 40 U.S. top executives and international fund managers to increase their Turkish investments through the coordination of the Investment Support and Promotion Agency of Turkey (ISPAT).
According to an ISPAT statement, Erdoğan met with influential investors and representatives of companies operating in various sectors including defense, aviation, chemistry, health, information and manufacturing industries.
Executives from Abraaj Group, Cargill, CDPQ, Coca Cola, Dow Chemical, European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), GE Aviation, Glaxo Smith Kline, Lockheed Martin, PepsiCo, Raytheon International and Uber were present at the meeting.
The ISPAT statement added that members of the American-Turkish Council, the Association of Emerging Economies Venture Capital Investors and from the U.S. Chamber of Commerce also attended the meeting.
Arda Ermut, President of the ISPAT, stated that the meeting was important for implementing effective and decisive government policy concerning the Turkish economy.
"During the meeting, the president said that he would personally support investors and ISPAT with relevant ministries and government agencies and that the agency's directives on these subjects would directly affect the investors," Ermut said.
Ermut noted that President Erdoğan had met with international investors during two meetings held in March and September last year in the U.S.
He stressed that issues such as economic reform, support for U.S.-Turkey trade agreements, investments for technology companies, and agendas for international investment companies to increase their investments in Turkey would continue.
"The new picture, which emerged after the referendum, has showed that international investors are confident in Turkey's investment climate, political stability and vision for the future," Ermut added.
