Turkey projects to be among top 10 largest global economies, says Erdogan

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ANKARA, 7 February, 2021, (TON): Turkey is engaging in major investments and projects, hoping to become one of the world's top 10 largest global economies, said President Erdogan on Saturday. 

Recep Tayyip Erdogan said via video link at the opening ceremony of a bridge in the eastern Malatya province said, "To make our country one of the 10 biggest economies in the world, we've turned towards bigger investments in bigger projects."  

Today, Turkey by itself is realizing more than half of all megaprojects being carried out in the world, Erdogan added. 

He added that the country aims to embrace the future with space technology, hi-tech, and artificial intelligence. 

"With the courage we derive from our strong infrastructure, we constantly raise our targets in every field, enhance our capacities, and, especially, expand new production areas," he said. 

Turkey’s economic and social development performance since 2000 has been impressive, leading to increased employment and incomes. 

Turkey’s largely free-market and diversified economy is driven by its industrial and service sectors, but traditional agriculture still accounts for about 25 percent of employment. 

For most of the period since 2000, Turkey maintained a long-term focus on implementing ambitious reforms in many areas, and government programs have targeted vulnerable groups and disadvantaged regions.  

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