Despite the ongoing Covid pandemic, Turkey’s investment demand ,including mining, showed increase in the first six month of 2020 compared to the same period last year.
Stating that Turkey reach the highest number of incentive certificates with 859 in June the Turkish industry and technology minister Mustafa Varank said: “We expect fixed investments worth of 15.6 billion Turkish liras ($2.25 billion), generating 23,445 new jobs, thanks to these certificates.”
Varank added that 61% of these investments are in the manufacturing, 20% in energy, 13% services industry , 3% agriculture, and also 3% in the mining sectors.
According to the minister, in the first half of this year, the Turkey realized 80% year-on-year surge in the number of certificates, 40% increase in projected employment, and 14% rise in fixed investments.
