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Turkey's high-tech exports reach nearly $5B

Share of RD in Turkey's GDP rises to 1% as of 2018, from 0.5% in 2006, deputy industry and technology minister says

News Service
17:15 - 10/12/2019 Tuesday
Update: 17:16 - 10/12/2019 Tuesday
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File photo
File photo

Turkey's high-technology product exports reached nearly $5 billion in 2019, the country’s deputy industry and technology minister said on Tuesday.

Turkey established a major infrastructure and started to see its good results, Mehmet Fatih Kacir said at an event in Istanbul.

The share of research and development (RD) in the country's GDP rose to 1% as of 2018, from 0.5% in 2006, he underlined.

"The private sector's share in the country's RD expenses also increased to over 60% from 37% in the same period," he added.

While Turkey has 54,000 RD staff in 2006, the number of the staff reached 172,000 as of 2018, he noted.


*Writing by Gokhan Ergocun

#export
#High-Technology
#Mehmet Fatih Kacir
#research and development
#technology
#Turkey
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