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Türkiye shares plans for implementation of manufacturing projects for 2023

Türkiye Materials 2 March 2023 16:04 (UTC +04:00)
Türkiye shares plans for implementation of manufacturing projects for 2023

BAKU, Azerbaijan, March 2. As many as 101 projects in the manufacturing sector are planned to be implemented in Türkiye in 2023, the Turkish Ministry of Agriculture and Forestry told TurkicWorld, Trend reports.

According to the ministry, the total cost of the projects is 4.2 billion liras ($222.4 million).

"Part of the projects planned to be implemented this year will be financed by external credit funds. The total amount of the external loan is 16 billion liras ($847.300 million)," the ministry said.

A total of 15.4 billion liras ($815.5 million) was allocated to manufacturing projects in Türkiye last year, of which 12.3 billion liras ($651.3 million) were foreign loans, reminded the ministry.

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