Industry and Technology Minister Mustafa Varank stated that with the incentive documents issued by the Ministry in March, an employment of 27 thousand people could be created and an investment of 18 billion liras was opened.
Varank gave information on investment incentive documents in his sharing on his Twitter account.
Stating that the foreseen employment and fixed investments increased in the first quarter of this year, Varank said:
“With the incentive certificates we issued in March, 27 thousand jobs will be created, and an investment of 18 billion liras has been opened. Employment and fixed investments, envisaged in the first quarter, increased compared to last year. In the transition to the new normal, we will strengthen our hand with investments and increase our competitiveness. ”
NUMBER OF DOCUMENTS, EMPLOYMENT AND INCREASE IN FIXED INVESTMENT
Minister Varank also included an infographic on investment incentive documents in his sharing.
Accordingly, in March, 9,9 people were employed in these firms with a completion visa issued in 316 investment incentive certificates, with a fixed investment amount of 9 billion lira. In this period, 652 new investment incentive certificates, with a fixed investment amount of 18 billion liras, were issued, and 816 people were envisaged with the realization of these investments.
The number of investment incentive certificates issued in the first quarter of the year compared to the same period of last year increased by 111 percent, projected employment by 72 percent and fixed investment by 19 percent.
Considering the distribution by sectors, 70% of the investments made for completion visa were in services, 24% in manufacturing, 4% in energy and others in agriculture and mining sectors. 60% of investment incentive certificates were issued for manufacturing, 26% for energy, 9% for services and 5% for agriculture and mining sectors. (Source: http://www.sanayi.gov.tr)
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