Turkish National and Strategic Development Projects: News and Updates

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The 45 km Canal Istanbul ( $15 billion )


Canal Istanbul is one of Turkey’s most strategic megaprojects, meant to stem the rising risk posed by ships carrying dangerous goods via the Bosporus, especially oil tankers

Turkey aims to complete Kanal Istanbul, a mega waterway project on the edge of Istanbul, in six years at a cost of approximately $15 billion


on average 45,000 ships pass through the Bosporus yearly, while the number was about 3,000 in 1931
Projections show that this number will reach 78,000 in 2050 ... The passage of each large ship poses a danger to the city

Turkey aims to complete Kanal Istanbul in 6 years, ErdoÄan says

Turkey aims to complete Kanal Istanbul, a mega waterway project on the edge of Istanbul, in six years at a cost of approximately $15 billion (TL 131.49...

www.dailysabah.com

 

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TEKNOSAB Industrial Zone ( $25 billion )



TEKNOSAB is a symbol of new industrial revolution, will provide $25 billion dollars investment
employment for almost 150.000 people and $40 billion dollars export
and connection between highways, railways and harbours will make TEKNOSAB one of the most important logistical centre and leader of industrial revolution

Bursa is one of the important cities directing production and exportation capacities of Turkey
and TEKNOSAB would provide competitive advantages to Bursa business world internationally

TEKNOSAB|Bursa Technology Organized Industrial Zone

Bursa TEKNOSAB (Bursa Technology Organized Industrial Zone); as location; About 30 km from Bursa city center. west of the Bursa-Karacabey motorway, on the south-west of the Istanbul-Izmir Motorway, on the Zetinbagi-Mudanya provincial road.

teknosab.org.tr

 

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Türksat 5A communication satellite comes into service



Türksat 5A will propel Turkey to the league of the leading countries using Ku-Band in data communication services with television broadcasting, stating that the satellite's electric propulsion system will provide TV broadcasting and communication services for 35 years

Türksat 5B is next
and Turkey's first indigenous Communitions Satellite Türksat 6A will be launched in 2022

Turkey among the 10 countries in the world capable of producing their own satellites,

Türksat 5A comes online, to secure Turkeyâs orbital rights for 35 years

Türksat 5A will help secure Turkey's orbital rights and will serve for 35 years, President Recep Tayyip ErdoÄan said Monday, as the fifth-generation...

www.dailysabah.com

 

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Turkey inaugurates 1st publicly-owned floating LNG Vessel



Turkey's first publicly-owned floating liquefied natural gas (LNG) storage and regasification vessel named “Ertuğrul Gazi," will add significant flexibility to the country's energy supply chain security with its 110 million cubic meters (3.9 billion cubic feet) of storage and 28 million cubic meters of gasification capacity

It has a length of 295 meters , a width of 46 meters, and a height of 63 meters

The vessel has the highest gasification capacity among the existing FSRUs in the world

Turkey inaugurates 1st publicly-owned floating LNG vessel

Turkey's first publicly-owned floating liquefied natural gas (LNG) storage and regasification vessel (FSRU), named “Ertuğrul Gazi,' will add...

www.dailysabah.com

 

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Ford Otosan to invest $2.4 billion for Turkish auto industry



Ford Otosan, a joint venture of Koç Holding, Turkey’s largest conglomerate, and U.S. automotive giant Ford, announced it will be making a $2.4 billion investment to manufacture new-generation commercial vehicles and batteries at its factory in Turkey

Ford Otosan will open its battery assembly factory for electric vehicles in 2022.
It is expected to produce 210,000 new-generation commercial vehicles and 130,000 batteries per year



Staying on top as Turkey’s leading export sector, the automotive industry’s exports exceeded $25 billion (TL 187 billion) despite the pandemic

Ford Otosan to invest $2.4B, largest ever for Turkish auto industry

Ford Otosan, a joint venture of Koç Holding, Turkey’s largest conglomerate, and U.S. automotive giant Ford, Tuesday announced it will be making a 2...

www.dailysabah.com

 

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Turkey to build spaceport in Somalia as part of $1 billion space program


Turkey could establish a spaceport in Somalia with a $350 million investment as part of its nascent space program that will cost upward of $1 billion


The 2-legged target, a hard landing on the Moon with an unmanned vehicle in 2023 and a soft landing in 2028

Turkey to build spaceport in Somalia as part of $1B space program

Turkey could establish a spaceport in Somalia with a $350 million investment as part of its nascent space program that will cost upward of $1 billion, the...

www.dailysabah.com

 

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Turkish airport operator TAV to buy Almaty International Airport




Turkish airport operator TAV announced it has signed a share purchase agreement to buy Almaty International Airport, the main gateway into Kazakhstan ( worth $415 million )


Almaty is strategically located on ‘the modern Silk Road, established from China to Europe and Africa through air transport


Almaty International Airport will be the 15th airport in TAV's global network

Turkish operator inks deal to acquire shares of Kazakh airport

Turkish airport operator TAV announced Friday it has signed a share purchase agreement to buy Almaty International Airport, the main gateway into...

www.dailysabah.com

 

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TAF's New Headquarters Ay Yıldız Campus




With the Ay and Yildiz Project, we are gathering our Ministry of National Defense, our General Staff, and all our force Commands

The buildings to be built here will not only be equipped with the latest technology, but also stand out with their environmental awareness


Stating that 12,600 square meters of closed area will be built within the scope of the project, which is located on a land of approximately 890 million square meters, and that it will be able to serve 15 thousand people

TAF's New Headquarters Ay Yıldız Campus Will Give Fear to the Enemy and Confidence to the Friend

TAF's New Headquarters Ay Yıldız Campus Will Give Fear to the Enemy and Confidence to the Friend | President Recep Tayyip Erdoğan, who made a speech at the groundbreaking ceremony of the Crescent and Yıldız Project, said that the Ministry of National Defense and the Chief of General Staff were...

www.raillynews.com

 

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Turkey's first lithium-ion battery production facility will come into operation in the first quarter of 2022



The defense industry's strategic military needs will be produced domestically


ASPİLSAN lithium-ion battery production facility

https://www.aa.com.tr/en/economy/turkey-breaks-ground-on-1st-lithium-ion-battery-plant/1993701

 

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Turkish Companies received 1150 projects with a total value of $71 billion in Africa



President ERDOGAN has visited more African Countries than any other non-African Leader

 

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Renewables shine as Turkey’s clean energy investments hit $66 Billion




Turkey’s clean energy investments have reached $66 billion with renewables constituting over 53% of the country’s total installed power capacity

Installed renewable capacity amounted to 52,353 MW out of a total capacity of 98,493 MW


-- Hydropower investments reached $35 billion with 31,441 MW of installed capacity
-- Windpower investments reached $13 billion with 10,014 MW of installed capacity
-- Solar power investments reached $10 billion with 7,435 MW of installed capacity
-- Geothermal power investments reached $6 billion with 1,650 MW of installed capacity
-- Biomass power investments reached $2 billion with 1,813 MW of installed capacity

Renewables shine as Turkey’s clean energy investments hit $66B

Turkey’s clean energy investments have reached $66 billion (TL 559 billion), with renewables constituting over 53% of the country’s total installed...

www.dailysabah.com

 

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Turkey to begin work on 2 more Nuclear Power Plants



Turkey will swiftly start preparations for its second and third nuclear power plants, president ERDOGAN said Tuesday.

The first unit of the Akkuyu Nuclear Power Plant in 2023,

Turkey to begin work on 2 more nuclear power plants: ErdoÄan

Turkey will swiftly start preparations for its second and third nuclear power plants, the countryâs president said Tuesday.These will follow the...

www.dailysabah.com

 

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Over 1.200 Projects and hundreds of new Factories to reduce imports by $120 billion annually




New urea plant to be built by 2023 in Turkey ( €200 million )

Turkish diversified holding Gemlik Gübre announced the plans to build a new urea and UAN (Urea Ammonium Nitrate solution) plant in Gemlik

The plant will have the capacity of 1,640 MTPD of granular urea and 500 MTPD of UAN, and will run on the market-leading urea technology of Stamicarbon

to reduce import by $600 million annually

New urea plant to be built by 2023 in Turkey

The new facility at a very good location.

www.fertilizerdaily.com

Turkey's Oyak to build new iron ore pelletizing plant with $750 million investment


to complete the pelletizing plant in the first half of 2025, to produce 3 million tonnes per year of pellets

to reduce import by $350 million annually

Metal Bulletin is part of Fastmarkets - Fastmarkets

If you're looking for the latest metals news and prices, you've come to the right place

www.metalbulletin.com

 

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Over 1.200 Projects and hundreds of new Factories to reduce imports by $120 billion annually




BETA KIMYA glue and adhesive Factory

Turkey broke ground on the largest glue and adhesive factory in the Middle East and Eastern Europe region.

The plant will pave the way for Turkey to domestically produce polyurethane reactive hotmelt adhesives and various derivatives for the first time

to reduce import by $120 million annually

https://www.aa.com.tr/en/economy/turkey-breaks-ground-on-massive-glue-factory/1918801




Turkey's first zinc ingot plant with high-quality production infrastructure.

Zinc plant worth $102 million opens in Siirt on 20 November

It would make up for 40% of its zinc imports and save around $216 million annually

Account Suspended

 

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Over 1.200 Projects and hundreds of new Factories to reduce imports by $120 billion annually



Turkey will become a Center for Elastane with $500 million investment

South Korean company Hyosung has started preparations to make one of the largest international direct investments in the history of the Turkish Republic.

to be completed by the end of 2023, Turkey’s total lycra production capacity will increase from 38 thousand tons to 163 thousand tons. This means 14 percent of the world’s total lycra production

to reduce import by $400 million annualy

500 Million Dollars Yarn Investment in Turkey from Hyosung

Korean Hyosung will make two elastane yarn investments this time, one of which will cost 80 million dollars and the other 500 million dollars.

www.etextilemagazine.com

OYAK will break new ground in Turkey with its carbon black production with a $ 206 million investment in Hatay.

one of its strategic investments, and meet Turkey's entire 220,000 tons of domestic carbon black needs with this investment

to reduce import by $300 million annualy

Incentive by the government to the carbon black production | OYAK

www.oyak.com.tr