Incentive certificates hit highest number in June in Turkey
Incentive certificate numbers reached 859 in June. (AA Photo)


Across June, Turkey hit its highest number of incentive certificates at 859, as the investment demand, despite the pandemic, has followed a stronger course this January-June compared with the same period last year, Turkish Industry and Technology Minister Mustafa Varank said Tuesday.

"We expect fixed investments worth TL 15.6 billion ($2.25 billion), generating 23,445 new jobs, thanks to these certificates," Varank said on Twitter.

Some 61% of investments are in manufacturing, 20% in energy, 13% in services, 3% in agriculture and also 3% in the mining sector, he said.

In the first half of this year, the country saw an 80% year-on-year surge in the number of certificates, a 40% increase in projected employment and a 14% rise in fixed investments, according to the minister.