Turkish National and Strategic Development Projects: News and Updates

[MMM-E]

Turkey CIP explodes in popularity generating $1.67 billion since 2017



The Turkish citizenship by investment scheme has been more popular than expected, so far a total of $1.67 billion has been raised through property investments.
In 2018, Turkey reduced the minimum required investment from $1m to just $250K to attract foreign investment

The certificate of eligibility for Turkish citizenship was issued for 6.694 foreign nationals from 101 countries who acquired real estate in this country since 2017

https://citizenshipbyinvestment.ch/...popularity-generating-1-67-billion-till-date/

 

[MMM-E]

SOMA KOLIN Thermal Power Plant ( $1,1 billion )


to generate 3.7 billion kilowatt-hours of electricity per year at the power plant. This production is equivalent to 1.2% of Turkey's annual electricity consumption

and SOMA KOLIN Thermal Power Plant will reduce natural gas imports by $ 190 million per year

https://www.aa.com.tr/tr/ekonomi/so...tini-yilda-190-milyon-dolar-azaltacak/1738343

 

[MMM-E]

Hydroelectric Plants contribute $33.3 billion to Turkish economy in 18 years



Turkey’s 587 hydroelectric power plants all of which came into service in the last 18 years under the AK Party Governments have generated 895 billion kWh of electricity, contributing nearly TL 233 billion ($33.3 billion) to the country’s economy

https://www.dailysabah.com/business...te-333-billion-to-turkish-economy-in-18-years

 

[MMM-E]

Turkiye is set to take its place among 10 countries in the world that can produce communications satellite domestically


Turkey's new generation communications satellite Türksat 5A will be launched into space in the last quarter of 2020
Turkey's first fully domestic satellite Türksat 6A are planned for in-orbit delivery in the first quarter of 2021 and 2022 respectively

TURKSAT-6A

https://www.dailysabah.com/business/tech/turkeys-new-generation-satellite-to-orbit-by-end-of-2020




Turkey's first indigenous and national high-resolution observation Satellite IMECE will be launched by 2021

 

[dBSPL]

@MMM-E

 

[MMM-E]

@MMM-E

Yes Çandarlı Port will rank among the 10 biggest ports in the world

-- Container terminal in three phases (each phase comprised by 4 million TEU capacity and the total capacity would be 12.000.000 TEU)

IZMIR hosts important economic facilities such as PETKİM , TÜPRAŞ and STAR Refineries , Iron and Steel Factories, Ship dismantling facilities, fuel filling facilities, Automobile , fertilizer and paper factories

and the Izmir-Ankara, Izmir-Istanbul high-speed train projects will be supported with the highway that will enable the Istanbul-Bursa-Izmir Highway to be used more effectively

The main aim of this project is to have a transshipment port in the Aegean region, in order to capture some cargo from the other competitor ports. Candarli port was expected to assume a central role in the naval trade between Asia and Europe

 

[MMM-E]

Over 9,000 foreign investors gain Turkish citizenship in 2 years ( $3,2 billion )



Over 9,000 foreign investors gain Turkish citizenship in 2 years
The investors have brought about $3.2 billion worth of investments to Turkiye

https://www.dailysabah.com/business...enship-in-2-years?gallery_image=undefined#big

 

[Salahuddin Ayyubi]

Hydroelectric Plants contribute $33.3 billion to Turkish economy in 18 years



Turkey’s 587 hydroelectric power plants all of which came into service in the last 18 years under the AK Party Governments have generated 895 billion kWh of electricity, contributing nearly TL 233 billion ($33.3 billion) to the country’s economy

https://www.dailysabah.com/business...te-333-billion-to-turkish-economy-in-18-years

Can you provide the total cost of building all the hydropower plants mentioned in the article.

Not sure why they left that part out.

 

[MMM-E]

Turkiye 2nd among European Countries with largest HEPP capacity, eyes 1st place by 2023


Turkiye is the second in Europe and the ninth country worldwide to have the largest installed power generated from hydroelectrical power plants
and with newly inaugurated plants to start operating at full capacity, Turkiye foresees reaching first place in Europe by 2023

1- China 352.260 MW
2- Brazil 104.139 MW
3- The US 102.745 MW
4- Canada 81.386 MW
5- India 49.917 MW

8- Norway 32.256 MW
9- Turkiye 28.358 MW
10- France 25.519 MW

https://www.dailysabah.com/business...1st-place-by-2023?gallery_image=undefined#big

 

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@MMM-E

Do you have any images of how Yusufeli hydro-electric dam will look like ?

 

[MMM-E]

@MMM-E

Do you have any images of how Yusufeli hydro-electric dam will look like ?

275m YUSUFELİ Dam will be the third highest dam in the world in the double curvature concrete arch category

 

[MMM-E]

Turkey’s 1st integrated solar panel manufacturing facility opens next month


Turkey’s first integrated solar panel manufacturing facility is scheduled to come into operation next month in the Ankara industrial zone

With the manufacture of solar panels in this facility and the electricity production in the Karapınar plant, Turkey’s annual deficit will decrease $400 million

https://www.dailysabah.com/business...-opens-next-month?gallery_image=undefined#big

 

[MMM-E]

Istanbul Kartal Dr. Lutfi Kirdar City Hospital opened for service .... 05.07.2020

ISTANBUL Kartal Dr Lütfi Kırdar City Hospital has great contributions to fight against the coronavirus

 

[MMM-E]

More than a Factory: Turkiye breaks ground for 1st domestic car plant

Turkiye already exports cars made domestically by firms such as Ford, Fiat Chrysler, Renault, Toyota and Hyundai to Europe

now the construction of Turkiye’s first domestic car plant was held in northwestern Bursa province, dubbed the country’s automotive capital

The plant will host the indigenous car engineering, design and production center.

TOGG factory is expected to be completed in 18 months and will start mass production in 2022 with an annual capacity of 175,000 vehicles

TOGG will produce five different models – sport utility vehicle (SUV), sedan, c-hatchback, b-SUV and b-MPV – until 2030 and own all intellectual and industrial property rights

Turkey's Automobile Initiative Group (TOGG) total of TL 22 billion ($3.7 billion) will be invested in the project

The prototype of Turkey's first indigenous Electric Cars were unveiled on Dec. 26.
The Turkish vehicles are expected to hit the market in 2022
Turkey's charging infrastructure problem will be solved in 2022


Specifications

-- The fully electric car is expected to have two engine configurations 200 hp or 400 hp
-- a 4.8 second sprint from 0 to 100 km/h
-- The car will have a range of up to 500 km and locally produced Lithium-ion battery chargeable to 80% in less than 30 minutes

-- "3D Holographic Assistant" technology .. ( the first time in the world )
This innovative assistant will benefit from advanced eye tracking algorithms and holographic three-dimensional imaging technologies to provide a user experience far beyond the ordinary virtual dashboard

-- The car is becoming a smart device. It's an autonomous vehicle ( autonomous driving level 3 )
-- Artificial Intelligence technology
-- Intelligent connection and updating software over the internet via a 4G / 5G connection


It alone will create 20,000 additional jobs
$7.5 billion less current deficit
$50 billion contribution to gross domestic product

https://www.dailysabah.com/business...rkey-breaks-ground-for-1st-domestic-car-plant

 

[MMM-E]

Turkiye's geothermal plants see lithium production capacity of more than half of the world’s annual supply of lithium


Turkey’s geothermal power plants have the capacity to produce more than half of the world’s annual supply of lithium which is used for electric car batteries, the head of a leading geothermal group said Monday.

Ufuk Şentürk, the president of Turkey's Geothermal Electricity Power Plant Investors Association (JESDER), told Anadolu Agency that geothermal power plants in the country could produce 17,000 metric tons of lithium and could potentially account for more than half of the world’s 35,000 metric tons of lithium production annually.


Lithium is used in several fields, including battery technology, mobile devices, electric cars and electrically powered tools, and is rare worldwide as a raw material.

https://www.dailysabah.com/business...ts-see-lithium-production-capacity-of-17-tons