GeneralInvestment demand in Turkey increases by 30%

2020-12-24 18:12

1009 incentive certificates were issued in November, 2020

According to the data of the Ministry of Science, Industry and Technology, 1009 incentive certificates were issued in November, which will provide a fixed investment of 25.3 billion TL and additional employment for 33 thousand 903 people.

Thus, during January-November of 2020, the investment demand increased by approximately 30 percent compared to the same period the last year.

According to the infographic prepared by the ministry, 57 % of the investments to be made within the scope of incentive certificates issued in November are manufacturing, 24 percent services, 11 % energy, 6 % mining and 2 % agriculture.

The Minister: With a reformist vision, we will make Turkey the leading country

It was seen that the 1st Region attracted the most when the distribution of investments by region is analysed.

In the January-November period of this year, there was an increase of 91 % in the number of investment incentive certificates, 55 % in the number of employment and 30 % in the fixed investment amount, compared to the same period of the previous year.

Minister Varank “with a reformist vision, we will make Turkey the leading country on development after the outbreak period.” shared in his social account.

27 grades progress since the last 2 years

Turkey recorded progress with 27 grades since the last 2 years in the ranking of World Bank’s Ease of Doing Business Index 2020. All over the world’s direct investments decreased at a time when Turkey was one of the rare countries increase its investments. In 2018 global foreign direct investments declined by 12 %, while it increased by 17.3 percent in Turkey and exceeded 13 billion dollars. Since 2002, realized 220 billion dollars of foreign direct investment is considered as a reflection of the trust to the country.

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