Turkey Announces $30 Billion Incentive Package for High-Tech Manufacturing

President Recep Tayyip Erdoğan announced a $30 billion incentive package to boost high-tech manufacturing, focusing on electric vehicles and chip production. This initiative aims to enhance Turkey’s position in the global tech industry, fostering innovation and competitiveness. The incentive package includes financial support, tax breaks, and infrastructure development to attract both domestic and international investments, creating new job opportunities and driving economic growth in the high-tech sector.

(Blacknews)