Finance

Minister Varank: We paved the way for an investment of 579 billion liras

The list of investment incentive documents of the Ministry of Industry and Technology for December 2022 was published in the Official Gazette. Evaluating the list, Minister of Industry and Technology Mustafa Varank said, “With 13 thousand 653 incentive documents we issued in 2022, more than 357 thousand…

The list of investment incentive documents of the Ministry of Industry and Technology for December 2022 was published in the Official Gazette. With this list, it was revealed how many incentive documents the Ministry gave to investments in 2022.

According to the written statement made by the Ministry, Industry and Technology Minister Mustafa Varank, who made the list more valuable, said, “With the 13 thousand 653 incentive documents we prepared in 2022, we opened the way for an investment of approximately 579 billion liras that will provide employment to more than 357 thousand people. The number of documents issued compared to the previous year is 8 percent, the projected investment. size increased by 43 percent. used his words.

Pointing out that these numbers are an indicator of investors’ trust in the Turkish economy, Minister Varank said, “We see the private sector as the locomotive of economic growth. We will continue to pave the way for investments by supporting the private branch under the leadership of the state.” shared his opinion.

– December documents in the Official Gazette

According to the “Investment Incentive Documents List for December 2022” in the notifications section of the Official Gazette, 2 thousand 62 incentive documents were prepared in December 2022. The fixed investment amount of these investments, which are expected to provide employment to approximately 54 thousand people, was 84 billion 692 million liras.

– Record in December

When December and other months of 2022 are compared, the highest figures of the year were reached in the number of documents, fixed investment prices and employment.

When the investment incentive documents issued in December are examined according to the investment types, it is remarkable that 64.5 percent of the documents issued are new investments.

– Manufacturing leading sector

When the incentive documents issued are analyzed by sector, manufacturing took the first place. With 1232 documents arranged in this category, 36 thousand 279 people will be employed in projects with a fixed investment amount of approximately 29 billion liras.

– 2022 table appeared

With the announcement of the investment incentive documents for December, the general picture of 2022 emerged. According to this table, 13 thousand 653 investment incentive documents were prepared in the January-December 2022 period. With these documents, a fixed investment of 578 billion 581 million liras will be realized and 357 thousand 75 people will be employed.

When the 2022 table is compared with 2021, it is seen that the number of documents increased from 12 thousand 635 to 13 thousand 653, and the fixed investment amount increased from 403 billion liras to 579 billion liras. In other words, the investment incentive documents issued in 2022 increased by 8 percent compared to the previous year, and the projected fixed investment price increased by 43 percent.