Turkey’s auto exports amount to 2.5 billion dollars in February

Turkey’s auto exports amount to 2.5 billion dollars in February

Turkey’s auto exports amount to $ 2.5 billion during February, the Exporters Association said in a statement.

“Although it fell 0.9 percent year on year, Turkish auto exports occupied a high position among other sectors,” said the Oludag Automobile Exporters Association (OIB).

The statement said, according to the “New Turkish Post”, the sector’s share in total Turkish exports amounted to 17.2 per cent.

The European Union market accounted for 75 percent of all auto exports in the country last month.

The World Bank’s Board Chairman, Baran Schilic said:

“Auto exports increased by one percent to reach 4 billion dollars in the first two months of this year.”

Corona virus causes Turkey to double production of masks

Corona virus causes Turkey to double production of masks

Corona virus causes Turkey to double the production of masks, this is what Turkish companies that manufactured this substance have resorted to, doubling its production significantly.

To meet China’s growing needs for this product, following the new Corona virus.

China, as the largest producer of muzzles around the world, has recently suffered from a severe shortage, due to increased demand following the emergence of “Corona”

Some companies stopped manufacturing it, which prompted it to meet this need through Turkish companies.

Speaking to Anatolia, Metin Demir, Chairman of the Administrative Council of the Union of Health Industries in Turkey, said that his country has 10 companies specialized in manufacturing masks, including 5 major.

He explained that the average monthly production of Turkish companies from gags, in normal conditions, was 10 million masks

However, it was forced to raise this number to 30 million muzzle per month, to meet Chinese demand.

He pointed out that despite the increase in production, companies are facing difficulty in meeting demand.

The virus appeared in China, for the first time on December 12, 2019, in Wuhan (central).

However, Beijing officially unveiled it in mid-January

The World Health Organization announced, earlier, the state of emergency on an international scale to confront the outbreak of the virus, which later spread to several countries, causing a state of anxiety that prevailed in the world.

The Turkish economy is growing 6 percent in the last quarter of 2019

The Turkish economy is growing 6 percent in the last quarter of 2019

The Turkish economy is growing 6 percent in the last quarter of 2019, and 0.9 percent at the general level.

This came in a statement to the Statistics Authority, Friday, on Turkey’s gross domestic product based on the production method.

According to the authority’s data, the Turkish economy grew 6 percent in the last quarter of 2019, and by 0.9 percent compared to 2018.

She pointed out that the gross domestic product during 2019 increased by 14.9 percent, and its total value reached 4 trillion, 280 billion and 381 million Turkish liras.

The data added that the added value of the education, health and social services sector increased during the past year by 4.6 percent, the financial sector 7 percent, and the agricultural sector by 3.3 percent.

The Statistics Authority noted that the added value of the construction sector declined 8.6 percent over the past year.

The Russians are among the most popular property in Turkey

The Russians are among the most popular property in Turkey

According to the Turkish Statistical Institute, the Russians are among the top five foreign nationals who buy Turkish real estate in 2019

2,893 housing units were sold to Russian buyers among at least 45,500 homes and apartments sold to foreigners last year.

Experts attribute the increase in investment to the depreciation of the Turkish lira, which allowed many of them the opportunity to purchase Turkish real estate.

Where the real estate expert Anastasia Valley said

Al-Monitor’s website: “The Russians are choosing properties near the sea, which cost less than $ 1,000 per square meter.

And in exchange for this money, they get a high-quality housing unit in a complex that includes a swimming pool, gyms, and children’s playgrounds.

She added that “the new buildings in Turkey are completely different from their counterparts in Russia, because of its amenities.

Moreover, the accounts of housing, taxes, cost of living and leisure in Turkey are relatively low compared to Russia. ”

The climate of Turkey is very appropriate

One of the most important factors that attract Russians, the warm climate in Turkey, which runs until November, is why it makes sense for some to decide to buy real estate.

Moreover, Russians can travel to Turkey without a visa, and low-cost flights are always available from many Russian cities.

Russians are the most nationalities of tourism to Turkey

Turkey is the first destination for Russian tourists. In January last year, during the visit of Turkish President Recep Tayyip Erdogan to Moscow, Turkey and Russia declared 2019 as the “Year of Tourism” to increase the number of Russian visitors to Turkey and Turkish visitors to Russia.

This goal was easily reached.

According to Turkish media, Turkey attracted a record number of tourists in 2019, with more than 51 million foreigners visited, and Russia ranked first in the number of tourists with more than 7 million.

According to Al-Monitor, Russian buyers prefer homes and apartments in Antalya and Alanya, on the Mediterranean coast.

In contrast, Russian buyers are not interested in major cities, such as Istanbul or Bursa, where many foreign buyers buy real estate.

According to real estate expert Vale, “The typical Russian buyer is 35-50 years old. As a rule, Russian customers come from large Russian cities, and aim to buy housing in Turkey to stay in the summer, as they plan to spend a long vacation with children and other relatives. ”

Igor and Elena are a Russian couple

Igor and Elena, both in their early thirties, moved to Turkey from Moscow last year.

Both work in information technology and plan to find permanent jobs in Turkey in the future.

“We rented a four-room apartment in Alanya at the moment, but we are considering buying our own apartment or even a house next year,” the couple said.

“Turkey is a beautiful country with an ideal warm climate, delicious food, and fresh fruits and vegetables throughout the year,” they said.

Many Russians are buying apartments in Turkish resort areas for investment purposes, with plans to resell properties in the future.

However, according to expert Vali, “investment transactions are rare, because integrated tourism has been largely developed in Turkey

It is difficult for private sector owners to compete with hotels. ”

One of the reasons why Russians invest in Turkish real estate is the new rules for obtaining Turkish citizenship

Many Russian businessmen want to get Turkish passports.

Polina Kolesova, director of public relations for a real estate investment company, says

Turkish citizenship provides two important advantages: visa-free entry to Japan and Singapore, and the possibility of obtaining an American investor visa of the E-2 category.

Which in turn may lead to American citizenship.

Real estate experts say that buying real estate in Turkey was popular with the Russians.

But after the crisis in the relations between the two countries in November 2015, many Russians stopped buying homes. Currently, with the normalization of relations between Russia and Turkey, more Russians are choosing Turkey.

However, the political tension between the two countries, especially with regard to Idlib

It makes Russian investors wonder if they are making the right choice and whether they can access their properties in the event of escalating political tensions.

The first home-made train in Turkey

The first home-made train in Turkey

The first home-made train in Turkey announced by the Turkish government.

According to the official Anatolia Agency, Turkey is preparing to test the first home-made electrical sector on May 29.

On Friday, Turkish Minister of Industry and Technology Mustafa Wrank visited the “Tuvasac” plant in Sakarya (northwest) state, which is manufacturing the train.

The Turkish Minister, in a press statement, praised the “Tuvasach” plant as a castle for the industry in Turkey, saying

“We are talking about an industrial facility that enabled Turkey to produce fast and high-speed trains.”

He noted that the electric train being manufactured will be at a speed of 160 km per hour, and will operate on the railways in Turkey for the high-speed and high-speed trains.

In response to a question about the launch date of the new electric train

“The train start date will be May 29, and according to the experiments, citizens will start using it in September,” said Warrank.