According to the 2010 Government Investment Program, the planned investments that will be made in manufacturing increased by 10.5 percent over 2009, from TL 301.8 million to TL 333.5 million. Nearly half of this, or TL 160.7 million, was allocated to the chemicals industry for 24 projects, an increase of 7.8 percent from last year.
The sector seeing the second largest investment is the food production industry, receiving TL 52.6 million. This, however, is a decrease of 2.9 percent compared to 2009’s TL 54.2 million.
The manufacturing sector that will see the greatest increase in government investment will be iron and steel, where the government will invest TL 12 million, up 140 percent from the TL 5 million of last year. The tobacco, apparel and electronics manufacturing sectors will receive the smallest amount of government investment, unchanged from last year, with TL 6 million, TL 200,000 and TL 1 million, respectively.
