Recently, Turkish President Recep Tayyip Erdogan announced at the launch of the High-tech Incentive Program (HIT-30) in Istanbul that Turkey will launch a $30 billion incentive program, focusing on attracting investment in advanced technology sectors such as electric vehicles, battery production, semiconductor manufacturing and energy technology.

​This includes grants of up to $8,000 /MW for solar cell investments and $1.7 billion for the production of wind energy modules to build a "domestic wind energy brand." "We will provide $2.5 billion in grant support for solar cell facilities, aiming to achieve 15GW of capacity, and we have allocated $1.7 billion for the manufacture of key components for wind energy," Erdogan said.

​The establishment of research and development centers for large technology companies in Turkey is also part of the plan, Erdogan said: "We will bear half of the personnel costs of new research and development centers set up in our country by the world's top 1,000 companies for a period of five years, as the first step to take the HIT-30 program."

​Erdogan said the government aims to attract at least $20 billion in private sector investment to Turkey, which he believes will greatly boost the country's development process.