Foreign Investor Guide
Reference: Presidency of the Republic of Turkey Investment office www.invest.gov.tr
ADVANTAGED R&D ECOSYSTEM
The Turkish government aims to increase the share of R&D investments in the total public budget to 2%. This share, which exceeded 1% as of 2018, is expected to reach 2% in the next few years.
Comprehensive R&D incentives in Turkey are also supported by a well-trained and qualified workforce, competitive cost advantages and many global companies operating in the market. The combination of all these elements provides a dynamic ecosystem in Turkey.
Number of Researchers (‘000)
Source: OECD, Eurostat, TURKSTAT
R&D Gross Domestic Expenditures (US Dollars, ‘000)
Source: OECD, Eurostat, TURKSTAT
Today, more than 100 leading global companies benefit from competitive R&D incentives and thriving ecosystem in Turkey.
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