Page 13 - TURKRptMay21

The Inflation Research Group (ENAG), led by Istanbul academics, said that its calculations showed monthly inflation in March was 3.36% versus the official 1.08% announced by the TUIK.
The latest depreciation of the Turkish lira (TRY) adds to already booming commodity prices, supply shortages and problems seen in logistics. Actual price increases in Turkey will, as a result, accelerate.
4.3 Industrial sectors and trade 4.3.1 PMI Production dynamics
4.4 Fixed investment
The PMI for Turkish manufacturing rose to 52.6 in March from 51.7 in February.
"The increasingly familiar problem of difficulties obtaining raw materials affected suppliers’ delivery times, inventories and input costs, while acting to restrict growth of production. Inflationary pressures were exacerbated by currency weakness.”
Major Fixed Investment Announcements in Turkey or by Turkish companies abroad
Firm
Sector
Amount
Investment
Capacity
Location
Apr-21
Limak
Tourism
€250mn
Skopje Luxury Hotel
142-room
Macedonia
Apr-21
Yurek Polimer
Textile
-
PET chips plant
300tonnes-day
Bursa
Apr-21
Aksa Energy
Electricity/Gas
$300mn
240MW-270MW gas
-
Uzbekistan
Mar-21
Sasa (SASA)
Textile
$330mn
Fiber plant
367,000 tons
Adana
Mar-21
Konuklar
Agriculture
$3mn
Oilseeds plant
22,000
Kazakhstan
Mar-21
Maxion/Brazil
Automotive
-
Wheel plant
3mn
Manisa
Feb-21
Purplast
Automotive
€5.1mn
Plastic auto parts
-
Macedonia
Feb-21
Gubretas (GUBRF)
Fertilizer
-
NPK plant
200,000 tons
Iskenderun
Feb-21
Deutsche Post DHL
Logistics/parcel
€135mn
Operation center at new airport
-
Istanbul
Feb-21
Kayseri municipality
Electricity/Biomass
€10mn
Biomethanization plant
4.5MW
Kayseri
Feb-21
Cengiz Enerji
Electricity/Thermal
$150mn
Thermal plant
240MW
Uzbekistan
Feb-21
Korteks/Zorlu
Textile
$10mn
Polyester plant
600 tons
Bursa
Feb-21
AE Solar/Germany
Electricity/Solar
-
Solar panel manufacturing
1GW
Kayseri
Feb-21
Medicor/Hungary
Health products
€2.2mn
Incubator plant
-
Ankara
Feb-21
Izdemir (IZDMC)
Steel
TRY175mn
Billet plant expansion
1.4mn tons
Izmir
Feb-21
Kalehan Enerji
Electricity/Dam
-
Hydro dam
500MW
Bingol
Feb-21
Borusan EnBW
Electricity/Wind
-
Wind plant
100MW
Kirklareli
Feb-21
Avsar
Beverages
TRY50mn
Mineral water filling
1mn bottles/day
Afyon
Feb-21
Enerjisa
Electricity/Wind
-
Wind plant
250MW
Aydin
Feb-21
Enerjisa
Electricity/Wind
-
Wind plant
250MW
Canakkale
Jan-21
Maxicells
Pharma
TRY4.2bn
Capacity increase
-
Istanbul
Jan-21
Dicle
Electricity grid
TRY1.45bn
Grid expansion
-
Urfa
Jan-21
Park Cam
Glass
TRY1.15bn
Glass bottle plant
2.7bn
Bilecik
Jan-21
Nemport
Port
TRY1.06bn
Port
1.7mn TEU
Izmir
Jan-21
Tosyali
Industrial zone
TRY631mn
Industrial zone
597 hectare
Zonguldak
13 TURKEY Country Report May 2021 www.intellinews.com