ANKARA, April 27 (Xinhua) -- Türkiye's Treasury and Finance Minister Mehmet Simsek on Monday announced an investment reform package aimed at boosting exports of goods and services, repatriating capital, and positioning the Istanbul Finance Center as a key regional hub.
During a press conference, Simsek detailed the reform package, saying that the government has designated 2026 as the year of reform.
The package covers industrial upgrading to move the value chain higher, green and digital transformations, infrastructure investments as well as tax, public finance, and governance reforms, according to Simsek.
"Within the scope of the package, our goals include increasing the export of goods and services, attracting more talent, entrepreneurs and capital, bringing assets back to the country, further encouraging our citizens abroad to use Türkiye as the center of their activities, and of course, positioning the Istanbul Financial Center as one of the important centers of the region," he said.
The relevant support measures include zero corporate tax on transit trade, a lower corporate tax rate for exporters, and a full tax exemption on service exports, with the goal of promoting high-value service sectors such as software, video games, health tourism, education, engineering, design, and architecture, according to the Turkish minister.
