The 2023 Investment Program has been published

The Presidential Decision on the Adoption and Implementation of the 2023 Investment Program was published in the repeated edition of the Official Gazette.

The program included investment projects of institutions in the sphere of the central government budget, SEE, privatization, revolving funds and social security institutions. Only local government projects financed with foreign loans were included in the programme.

COLLECTION OF PUBLIC INVESTMENTS

The 2023 Investment Program has been prepared in line with the basic policies of the XI Development Plan, the Medium-Term Program for the 2023-2025 Period and the goals set forth in the 2023 Annual Presidential Program.

In the Investment Program, public investments for the priority sectors of the XI Development Plan were highlighted.

In project-based credit proposals and allocations, priority was given to projects that could be completed as soon as possible, from projects in progress to projects that could be completed as soon as possible, and to investments that had the greatest economic and social contribution. and they could meet urgent service needs, being selective in new projects.

APPROPRIATION OF 452.2 BILLION LIRA

In 2023, a total of TL 454.2 billion was allocated to 10,915 projects, including 3,546 major projects run by public institutions.

The total amount of projects to be carried out by public institutions in the 2023 Investment Program was approximately 4.1 trillion TL. While in 2022 the investments planned for 5,086 projects were completed, the 2023 Investment Program included 3,607 new projects. Of these projects, 978 were perennial and 2,629 were single-year projects.

It is anticipated that 62.2 percent of the investments within the scope of the program will be made by institutions within the scope of the Central Government Budget, 36 percent by SEEs and organizations within the scope of privatization, and 1.8 percent by institutions with revolving funds and social security institutions.

TO THE HIGHEST SHARE TRANSPORTATION AND COMMUNICATION

It was seen that most of the investment allocation in the scope of the 2023 Investment Program was taken by investments in the transport and communication sector with 26.8 percent. The share of investments in mining was 17.4 percent, the share of investments in education was 13.5 percent, the share of investments in energy was 9.8 percent, the share of investments agriculture was 9.6 percent and the share of investments in health was 8.6 percent.

The total participation of other sectors such as manufacturing, tourism, housing, drinking water and sewerage, technological research and the environment was calculated at 14.3 percent.

Among the institutions within the scope of the Central Government Budget, which were allocated the largest investment allocation are the Ministry of Transport and Infrastructure with 45.2 billion lira, the Ministry of National Education with 39.4 billion lira, the General Directorate of State hydraulics. Works with 37,700 million liras and Highways with 37,000 million liras. Its General Directorate became the Ministry of Health with 32,700 million liras.

TPAO COLLECTED IN KITS

The organizations that were allocated the most credits in SEE were the Directorate General of TPAO with 76.6 billion lira, the Directorate General of TCDD with 28.3 billion lira, the Directorate General of TEİAŞ with 17.1 billion lira, and the Directorate BOTAŞ General with 14.3 billion lire.

Among the investments of the Ministry of Transport and Infrastructure, urban transport stood out with projects such as the Gayrettepe-Istanbul New Airport, AKM-Gar-Kızılay, Başakşehir-Kayaşehir and Halkalı-Istanbul New Airport metro lines.

In addition, within the framework of transportation investments, necessary funds were allocated for the construction projects of the Kayseri airport terminal building and apron and the construction of the new terminal building and ancillary facilities at Malatya airport. .

APPROPRIATION OF 55.4 BILLION LIRA FOR BLACK SEA GAS

While a notable increase in allocations in the energy and mining sectors was achieved in 2023, significant developments are expected on a project basis.

In this context, work continues on the Sakarya Natural Gas Field Development Project, which is carried out with the aim of making 710,000 million cubic meters of natural gas discovered in the Sea available to the public for the first time in 2023. Black. 55.4 billion lire was allocated to the project.

An allocation of approximately 5.2 billion lira has been allocated for works on the Northern Marmara and Tuz Gölü natural gas storage projects, which are of critical importance in terms of the security of Turkey’s natural gas supply.

1.2 BILLION LIRAS ARE ALLOCATED AGAINST FOREST FIRES

While a total of 43.6 billion lira was allocated to the agricultural sector with an increase of 134% in 2023, a total allocation of 37.7 billion lira was foreseen for DSI’s ongoing investments in Turkey in 2023 with an increase of 105%.

With an allocation of 22.1 billion lira earmarked for investments in agricultural irrigation, it is planned to irrigate approximately 191 thousand hectares of land.

In addition, 6.5 billion lira was allocated for flood protection projects, while 4.3 billion lira was earmarked to meet the increasing drinking water needs of municipally organized settlements due to climate change and population growth.

The General Directorate of Forestry received an allocation of 1.2 billion lire in 2023 in the field of fighting forest fires. In this context, 20 small fire tanker aircraft, 5 firefighting aircraft and 10 utility helicopters will be purchased.

In order to minimize the impact of climate change on forests, create carbon sink areas in potential fire areas or combustion areas, and carry out studies for the establishment of fire-resistant forests, the Climate Resilient Forest Project of approximately 6.4 billion lire to be implemented.

39.4 BILLION LIRA IN EDUCATION

An allocation of 39.4 billion lira has been allocated to the Ministry of National Education for the realization and execution of projects in the education sector.

In this context, it is planned to develop the personalities and skills of individuals, ensure that all segments of society have equal access to quality education, train students with 21st century skills, increase access to preschool education and support the professional development for teachers and school administrators.

Lire 4 billion was allocated for the “10,000 Schools in Secondary Education Project”, which was initiated to create safe educational environments, develop human capital in line with the needs of the economy, and support disadvantaged schools at all levels. education levels. and 1 billion lire was allocated to the Village Life Centers Project.

32.7 BILLION LIRAS FOR INVESTMENTS IN HEALTH

To further improve progress in physical infrastructure, access to services and quality of services in the field of health and to reduce regional disparities, an allocation of 32.7 billion lire is planned for the budget investment from the Ministry of Health in 2023.

In order to increase efficiency in the justice services sector, the investment allocation for 2023 was determined at 11.7 billion lira with an increase of 178 percent.

In order to create more investment places for investors and entrepreneurs, to increase production and employment, 3.2 billion lire was allocated for organized industrial zone projects carried out by the Ministry of Industry and Technology with an increase of 314 percent. cent, and 1.5 billion lire was provided. for small industrial site projects with an increase of 182 percent.

In 2023, 7.2 billion lira was allocated to TÜBİTAK’s R&D support programs and institutes, with an increase of 121%, to increase the country’s R&D and innovation capacity. (AA)