Trade Minister announces Türkiye's target for software exports, highlighting the country's commitment to innovation and technological development.
 |
| Türkiye aims to become a global hub for startups and innovative firms, with a focus on increasing software exports, says Trade Minister Ömer Bolat. Image Courtesy: AA |
Istanbul, Turkiye --- October 14, 2024:
Türkiye is targeting significant growth in its software exports, aiming to reach $7 billion by 2028. This ambitious goal was announced by Trade Minister Ömer Bolat during his address at the Innovation Champions Awards Ceremony in Istanbul.
Bolat emphasized the importance of innovation and technological transformation for Türkiye's production and export targets. He highlighted the country's progress in recent years, noting that software exports have increased from $3.5 billion in 2023 to a projected $7 billion by 2028.
Türkiye's commitment to enhancing its innovation ecosystem is evident in its efforts to create a favorable environment for startups and innovative firms. The government aims to make Türkiye a regional and global hub for advanced technology production.
In addition to software exports, Türkiye has also made significant strides in other high-value technology sectors. The country has doubled its high and medium technology exports since 2012, and they now account for approximately 40% of total exports. The government's goal is to increase this share to 50% by 2028.
Türkiye's progress in the technology sector is reflected in its ranking on the Global Innovation Index. The country has climbed to the 37th position among 133 countries, solidifying its place as one of the world's most innovative nations.
To achieve its ambitious goals, Türkiye is focused on addressing economic vulnerabilities, improving the investment environment, and enhancing technological transformation. By prioritizing these areas, the country aims to increase the unit price of its exports and further strengthen its position in the global market.