Minister Bolat announced the incredible increase in national income!

The Minister of Trade Ömer Bolat made significant statements at the Turkey-Portugal Business Forum organized by the Foreign Economic Relations Board (DEİK). Minister Bolat stated that Turkey's national income has increased sixfold over the last 22 years, reaching a total of 1.5 trillion dollars. He emphasized that this growth is a sign of Turkey's economic dynamism and the strengthening of international trade relations.

Bolat conveyed that the visit of the delegation of Turkish contractors to Portugal last week was very productive and made promising evaluations regarding the development of trade relations between the two countries. Reminding that Portugal will need 75 billion dollars in infrastructure, housing, and telecom investments over the next decade, the Minister stated that Turkish contractors could play an important role in this area.

Minister Bolat Express that he believes Turkish contractors could participate in these investments with their high-quality and competitive projects, noting that the trade volume between the two countries could reach 4.5 billion dollars. This situation could greatly contribute to the economic development of both Turkey and Portugal.

Furthermore, Minister Bolat underlined that Turkish contractors, with their experience and success in the international arena, could be a critical stakeholder in helping Portugal achieve its investment goals. Turkey's increasing construction power and superior engineering skills offer an important opportunity for such international collaborations. All these developments provide the opportunity for increased economic potential and mutual cooperation between the two countries.