The Turkish Ministry of Industry and Technology announced the provision of massive financial support worth 64 billion Turkish liras for 33 technical projects specializing in the mobility sector, as part of the "Technology-Oriented Industry" program, which aims to enhance local production of high value-added technologies.
Key supported projects
The supported projects are distributed across several vital technical fields, with three main projects standing out in terms of funding volume and industrial impact:
- Aviation engines: Turkish Aerospace Industries (TUSAŞ) received support worth 10 billion liras to design and develop a domestic turbofan engine, aimed at meeting the needs of civil aviation and unmanned aerial systems.
- 5G infrastructure: Ulak Haberleşme AŞ received support worth 4 billion liras to develop and produce base stations for 5G networks, including SD-WAN technologies and Cellular Vehicle-to-Everything (C-V2X) communication devices.
- Small electric vehicles: Volta Motor received 2 billion liras to develop a small electric vehicle intended for urban use, seating four passengers and featuring compact dimensions for easy mobility in cities.
Why does this news matter?
This funding represents part of a broader strategy within the "Technology-Oriented Industry" program, which has provided a total of 195 billion liras for 213 projects in diverse sectors including digital transformation, machinery, and innovative technologies. The importance of this step lies in Turkey's pursuit of reducing reliance on imports for critical technical components and localizing supply chains in sensitive sectors such as telecommunications, aviation, and electric vehicles, which contributes to building a competitive national technical industrial base.
The supported projects are geographically distributed across several Turkish provinces, with Kocaeli holding the largest share with 9 projects, followed by Bursa, Ankara, and Samsun, reflecting a trend to distribute technical and production capabilities across various industrial hubs in the country.