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Turkish investments have provided 100 thousand job opportunities to Africa

Turkish President Recep Tayyip Erdogan stated that Turkish investments in Africa have provided more than 100,000 job opportunities, noting that the value of Turkish projects completed in them amounted to about $ 70 billion.

This came during its opening, yesterday, Thursday, the session of the Turkish-African Economic and Business Forum, through video conferencing, from the Vahiddin Presidential Palace in Istanbul.

Erdogan explained that his country increased the number of its embassies on the African continent from 12 to 42, and commercial consulting offices to 26.

He added that the value of Turkish companies’ completed projects in Africa amounted to about $ 70 billion, and that more than 100,000 Africans got a job opportunity thanks to Turkish investors.

“Our companies in Africa continued their work with dedication during the epidemic, despite logistical difficulties and quarantine measures,” he added.

He stressed that Turkish contractors do not leave any work they started, and continue the work of other foreign companies, which left or failed to complete their projects at a record level.

Erdogan pointed to the signing of agreements to avoid double taxation with 13 African countries, and the signing of the free trade agreement with 5 others.

He explained that as a result of relentless efforts, the volume of trade exchange with the African continent rose from 5.4 billion dollars in 2003 to 26.2 billion dollars in 2019.

He added that Turkey’s exports to the African continent increased from 2.1 billion dollars in 2003 to 16.6 billion dollars in 2019, and stated that the goal in the coming years is to raise the volume of trade exchange to 50 billion dollars.

The Turkish President made it clear that Turkey has ancient relations with the African continent dating back thousands of years, and that the core of the relationship is sincerity, brotherhood and solidarity.




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