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Mining

Turkey is growing in parallel with the mining and metals sector of the country’s strong economy. spread from the Alps to the Southeast Europe and Turkey, Lesser Caucasus, Iran and the Himalayas out with a special ophiolite types ranging from China Tethyan-Eurasian Metallogenic Belt in the western section incorporates the majority of Turkey, offers a proven potential to mining investors. This is the generation of at least discoveries made in Turkey, rather it attracts attention as a promising area for companies in the mining operations with this feature.

Some basic facts and figures on mining and metals sector in Turkey are as follows: 

  • While the total production value of the sector was 27.8 billion TL in 2017, it reached 37.2 billion TL in 2018.

  • Turkey’s young, dynamic and educated workforce offers a highly qualified labor pool. There are 56 mining engineering department in 38 cities in Turkey. The number of mining engineers in Turkey increased by over 50% since 2005 has reached 38,000. In 2018, approximately 1,000 new mining engineers were added to the talent pool.

  • benefits offered to companies in the mining sector, Turkey’s only relatively low drilling costs are not limited to logistics and skilled labor, proximity to major markets, also includes attractive government incentives and highly competitive taxes.

  • The stunning economic growth, political stability, long-standing disputes, thanks to the support offered by structural reforms and state institutions Turkey, the mining sector in 2018 183 million US dollars in foreign direct investment inflows have provided. Exports in the sector were recorded as USD 3.8 billion in 2018.

  • Turkey in 2004, only 138 of which international mining companies have come today to 773 the number of investors, providing evidence of increased interest in Turkey.


Turkey’s regional investment incentive system, which grouped according to their level of development of the least developed regions and between 1 and 6 is based on a model that is considered as the 6th level. Under this system, the most advantageous incentives are offered to less developed regions. The mining industry is an exception to this system, with most investments in the mining industry being supported by incentives offered to Zone 5, regardless of where it takes place. 

https://www.invest.gov.tr/tr/sectors/sayfalar/mining-and-metals.aspx

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