Turkey's machinery sector eyes Middle East, Central Asia
- Economy
- Anadolu Agency
- Published Date: 03:47 | 24 February 2021
- Modified Date: 03:47 | 24 February 2021
Turkish producers are looking to expand the country's machinery sector exports to the Middle East and Central Asia, a Turkish businessman said Wednesday.
Mehmet Selim Akkök, founder of Mese Makina, said buyers in the Middle East preferred high-quality Turkish machines. "Moreover, Turkish manufacturers offer reasonable prices and have logistical advantages, compared to European producers."
Despite the novel coronavirus pandemic and the related fallout, Turkey has achieved great success and kept its losses at a minimum level, said Akkök.
"I think there'll be a great breakthrough in 2021 with the increase in exports to Middle Eastern and Central Asian countries," he added.
Pointing out that Turkey's machinery exports reached nearly $17 billion in 2020, Akkök predicted that this figure would be around $20 billion in the first half 2021.
- Moody’s improves Turkey's growth rates
- Erdoğan says Turkey foiled financial manipulation plots by using Central Bank reserves
- Bitcoin collector MicroStrategy fills its wallet with another $1 billion
- Updated Customs Union 'key' for better relations between Turkey and EU: Minister Pekcan
- Pakistani PM Khan calls for improved trade during Sri Lanka visit