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Turkey must increase production volumes - SOCAR Turkey Enerji

Business Materials 10 December 2014 11:29 (UTC +04:00)
It is necessary to increase the domestic production volume for the growth of the Turkish economy, Aliagaekspres newspaper quoted "SOCAR Turkey Enerji" (a Turkish subsidiary of SOCAR - State Oil Company of Azerbaijan) president Kenan Yavuz as saying Dec 10.
Turkey must increase production volumes - SOCAR Turkey Enerji

Baku, Azerbaijan, Dec. 10

By Rufiz Hafizoglu - Trend:

It is necessary to increase the domestic production volume for the growth of the Turkish economy, Aliagaekspres newspaper quoted "SOCAR Turkey Enerji" (a Turkish subsidiary of SOCAR - State Oil Company of Azerbaijan) president Kenan Yavuz as saying Dec 10.

"The Turkish government began implementing a number of economic packages for the country's development," he said. "This is a very important action."

"The local production growth will reduce the country's unemployment level," Yavuz said.

He said that Turkey plans to increase export volumes to $ 500 billion until 2023.

The unemployment rate in Turkey was 10.1 percent in August 2014, or 0.7 percent more than in August 2013, according to the website of the Turkish Statistical Institute (TUIK).

TUIK said that in August there were 2.867 million unemployed in Turkey, while the unemployment rate among men was 8.9 percent, and 12.7 percent among women.

As of Aug. 1, 2014, the population of Turkey was 76,667,384.

Some 22.1 percent out of the total number of working Turkish citizens, or 5,815 million people are employed in agriculture, 20 percent - in the industry, and 7.5 percent - in construction.

The remaining 50.4 percent of Turkey's working population is employed in other sectors of the economy.

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edited by CN

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