15.3 billion lira was allocated to increase the competitiveness of Turkish industry
An appropriation of 15.3 billion lira was offered in 2021 for the program to develop the industry, support production and investments, in order to create a highly competitive and sustainable structure where high value-added and technological products are produced by improving the production and investment environment.
According to the information compiled by the AA correspondent from the 2021 Central Government Budget Law Proposal, the share of the manufacturing industry in the gross domestic product (GDP), manufacturing industry exports, the share of medium-high technology products in the manufacturing industry exports, international direct investment inflows Program targets were determined in areas such as the share of high technologies in manufacturing industry exports.
15 billion 308 million 956 thousand TL was allocated from the budget in order to achieve the targets set within the scope of developing the industry, supporting production and investments.
Within this framework, the share of the manufacturing industry in the GDP is targeted to be 20.4 percent next year and the export of the manufacturing industry to be 173.5 billion dollars.
The share of medium-high technology products in manufacturing industry exports is aimed to be 37.5 percent in 2021 and 4.2 percent of high technology products in manufacturing industry exports.
In this period, Turkey is expected to be 12.5 billion dollars of foreign direct investment inflow.
- 91.9 million lira for industrial property targets
It has been proposed to allocate 91 million 878 thousand liras from the budget in order to contribute to technological progress and increase innovation activities by increasing the awareness of industrial property in all segments of the society and serving the protection and commercialization of industrial property rights.
In this context, Turkey's world ranking in 2021 is expected to take place in the domestic patent applications in the 11th.
The share of domestic patent applications, which was 38 percent as of August, is aimed to reach 44 percent at the end of the year and increase to 47 percent next year.
Karaman Haber - Source: AA