In the last 16 years, Turkey’s economic development and growth have recorded tremendous performances. While the country’s gross domestic product (GDP) stood at $238.5 billion in 2002, it rose to $850 billion in 2017, according to World Bank data. This more than 350 percent surge in growth has largely been facilitated by reforms and private sector investments. Vice President Fuat Oktay stressed Tuesday that Turkey has built its economic development and growth on a dynamic private sector during his address at the Toyota plant in the industrial Marmara province of Sakarya.
Speaking at the new Toyota Corolla hybrid model’s assembly line opening ceremony in Sakarya, Vice President Oktay stressed that the government has provided all and any kind of support for foreign and local investors who wanted to contribute to Turkey’s development.
Many great steps to expedite bureaucratic processes have been taken in the last 16 years, he stressed.
“The support packages included land allocations and tax reductions, among others. The investment office and other agencies have helped firms that want to invest in Turkey. We have made no discrimination against international companies that have put trust in the Turkish economy,” Oktay said.
From 1975 to 2002, Turkey attracted a total of $15 billion foreign direct investment (FDI) and in the period of 2003 to 2018, the country received $204 billion in FDI, Oktay stated. Likewise, Turkish businesspeople also increased their overseas investments by up to $38 billion. The value of projects undertaken by Turkish contractors in 123 countries totaled to $379 billion.
Oktay also evaluated Toyota’s investments in Turkey and stressed that the Japanese carmaker builds a partnership of the future with Turkey. He said Toyota, the second best-selling brand in the world, ranks second in Turkey’s automobile exports, adding Corolla stands out as a source of pride for Turkey as the world’s best-selling model.
Oktay noted that with the production of the hybrid model in Turkey, there will be a significant leap in this area.
“Rapid developments in hybrid and electric car technologies indicate they will soon replace conventional engines,” he said. “In order not to fall behind this process as Turkey, we are trying to cover distance in both areas. In this context, we express our desire to prioritize hybrid and electric models in the studies related to our national automobile brand.”
Vice President Oktay said that as a country that imports almost all of the fuel used at home, Turkey has to follow these developments closely, stressing Turkey, which makes very serious investments in renewable energy sources for electricity generation, cannot neglect the automobile market.
“With the awareness that the cheapest energy is saved energy, it is of vital importance to develop and use low consumption and environmentally-friendly automobile technologies in our country,” he continued. “The fact that the process which started three years ago for Toyota Corolla’s hybrid model resulted in the exit from the production line is the outcome of this understanding.”
Oktay said they are quite pleased that Corolla’s hybrid model has started to be manufactured in Turkey after the hybrid technology SUV model launched in 2016, stating that other companies have similar expansions as well, and that they have provided very serious tax benefits offering around 50 percent tax reduction for hybrid vehicles operating, with a saving rate of up to 50 percent.
He further stated that they are trying to contribute to the return of investments in hybrid cars in this scope. Pointing out that Turkey is still in its infancy in terms of hybrid and electric car sales, Oktay recalled nearly 4,000 hybrid and only 155 electric cars were sold in the country last year, while total car sales stood at close to half a million.
“Under the leadership of the president, by introducing new incentives if necessary, we are committed to raising these numbers. The fact that Toyota vehicles produced in Sakarya are exported to 150 countries is also important for us. I believe we will have greater cooperation opportunities with Toyota, which has invested $2.5 billion in our country to date,” the vice president said, thanking the Turkish and Japanese engineers who have contributed to the development and production of this model, as well as the Toyota management, which has invested in Sakarya by relying on Turkey’s potential.
Toyota Turkey is one of Toyota’s vehicle production bases in Europe. Located in the northwestern Anatolian province of Sakarya, Toyota Turkey currently manufactures the C-HR, Corolla and Verso models.
Toyota Corolla is still the best-selling car worldwide with 46 million units sold since its debut. The 2019 Corolla Saloon Hybrid, which will be this model’s 12th generation, made its debut in 1966.
Corolla will be available with two types of engines, 1.8-liter self-charging hybrid and 1.6-liter petrol. Toyota Turkey launched its first hybrid vehicle, C-HR, a sport utility vehicle (SUV), in October 2016 in Turkey.
In its previous statement, Toyota Turkey said the new Corolla will be put up for sale in the first quarter of this year.
During his visit to Toyota’s factory in mid-November, Technology and Industry Minister Mustafa Varank said the new model, which has 50 percent less fuel consumption per vehicle, will be exported to 100 countries worldwide.
Meanwhile, Toyota has become the first brand halting its diesel car sales in Turkey. The Japanese brand, which ended its diesel production and sales in Europe last year, will henceforth sell only hybrid and gasoline engines.
Toyota Turkey CEO Haydar Bozkurt was cited by the Turkish daily HÃ¼rriyet as saying, “Actually, we had planned it for 2020 but we reached our goal a year earlier. Instead of diesel, we will sell a hybrid version of each of our passenger models, including the new Corolla.”
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!