Turkey's First Quarter Investment Report Announced

Turkey's investment report for the first quarter has been announced. Many important projects were completed in the first quarter.

In 2021, which was announced as the investment year, support payments continue without slowing down. Investments in priority areas are realized every day. 138 billion 300 million TL was allocated to 3 thousand 91 projects in the investment program. The highest shares were in transportation-communication with 30.7 percent and education sector with 14.3 percent. Technological investments for distance education, which started with the epidemic process, were among the prominent.

Support for Vocational Education

Support for vocational education has been increased this year. 3 thousand 574 vocational high schools will start serving in a short time. These schools will produce their own experiment sets and laboratories will be established. Libraries will be built within each school. Transportation Received the Highest Share in the Investment Important projects were also completed in the transportation-communication sector in the first quarter of the year. Hasankeyf-2 Bridge was put into service, the construction of the Northern Marmara Motorway was completed. The Kurdish crossroad between Trabzon and Gümüşhane was put into service. The energy and mining sector followed the transportation investments.

Investment in Agriculture at Record Level

The share allocated to agriculture will be at record levels this year. 394 million 500 thousand liras will be deposited by the Ministry of Agriculture and Forestry in the producer's account. It has been reported that diesel and fertilizer support payments to the farmer have also started. It was stated that 4 billion 79 million TL of support payments will be made to a total of 2 million 103 thousand farmers. For irrigation, 8 billion 400 million lira was allocated. It was stated that both savings and product efficiency are targeted with drip irrigation in agriculture.