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  • 07-12-20

    Turkey averts yearly hi-tech imports valued USD60 million

    (MENAFN)On Saturday, a senior official in the country declared that, Once Turkey initiates to mass-produce its own turboshaft helicopter engines; it will prevent yearly hi-tech imports valued USD60 million.

    Industry and Technology Minister Mustafa Varank stated that, "Today, we're witnessing a historic day for our defense industry," speaking at the opening ceremonies of a turboshaft engine delivery facility and a design center of TUSAS Engine Industries (TEI) in the central province of Eskisehir.

    He added, Turkey is one of seven countries with gas turbine engine technology.

    He further said that, "the new design center that will make indigenous engines will be the starting point of our new success stories."

    As the per-kilogram rate of Turkish exports is now at USD1.50, this number has increased to over USD50 in the defense industry.

    He stressed, "the export value of our first national helicopter engine TS 1400 is $6,000 per kilogram."

    MENAFN07122020000045011369ID1101243814

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