Turkey's high-tech exports reach nearly $5B
- Economy
- Anadolu Agency
- Published Date: 05:19 | 10 December 2019
- Modified Date: 05:19 | 10 December 2019
Turkey's high-technology product exports reached nearly $5 billion in 2019, the country's deputy industry and technology minister said on Tuesday.
Turkey established a major infrastructure and started to see its good results, Mehmet Fatih Kacir said at an event in Istanbul.
The share of research and development (R&D) in the country's GDP rose to 1% as of 2018, from 0.5% in 2006, he underlined.
"The private sector's share in the country's R&D expenses also increased to over 60% from 37% in the same period," he added.
While Turkey has 54,000 R&D staff in 2006, the number of the staff reached 172,000 as of 2018, he noted.
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