TR Economy & Updates

[Bogeyman]

https://twitter.com/i/web/status/1819105748879921478

This issue actually concerns us directly.

 

[Yasar_TR]

The cost of extracting, processing and storing natural gas is not the same as the cost of extracting and processing water. You also import natural gas in dollars. Likewise, most of the processing and extraction costs of natural gas (Black Sea gas) are probably calculated in dollars.

Therefore, I think it is impossible to compare quantitative value with qualitative value.

What has this got to do with what you were asking? I gave you physical prices of UK‘s water and gas per m3. That has enough evidence to answer your query.

Waste water constitutes approximately 35% of the bill you have shared. If you take that out of the bill ; you end up with a similar ratio of pricing levels of UK‘s.

700tl for fresh water alone; against 176 tl for gas. That is 4 times the cost. Not 10.
And in UK, it is 3.3 times the cost of gas.

Water is not cheap either. You need to have a clean supply and very good purifying system. Distribution and upkeep of piping is not cheap. Also due to widespread burst water mains, there is huge quantities of fresh water that is lost and the price of this loss is added to m3 price we use. This is the case in UK too. According to official records in UK, 23% of fresh water is lost every year due to leaks. I wonder what that is in Turkey!

So in short: you asked how 28m3 of water be more expensive than 28m3 of gas.
Well according to physical evidence, it can be.

 

[No Name]

This Financial Times Article is extremely conserving, especially the quote from Mustafa Gültepe (the head of the Turkish Exporters Assembly): “Turkey is at least 40 per cent more expensive than its competitors in terms of dollar-based pricing. As a result, Turkey is losing its competitiveness”. One of Turkey's biggest problems is that companies are constantly trying to remain a low-tech manufacturing hub rather than advance into high-tech manufacturing; in fact, about 56 per cent of Turkey's manufacturing consists of low-tech exports.

Businesses might push to lower interest rates again soon.

 

[No Name]

This is insane. If this article is true, then the EU has too much power over Turkey, and it is no different than the capitulations of the Ottoman Empire.

The republican experiment in Turkey has been a Failure. Ataturk should have just made Osman Fuad sultan if he didn't want the role rather than create the republic. At least the Ottoman Empire went down to swing against great powers that had ten times the empire's population. The republic had nothing but relative peace, and it still Capitulated in exchange for nothing.

 

[Rooxbar]

This is insane. If this article is true, then the EU has too much power over Turkey, and it is no different than the capitulations of the Ottoman Empire.

The republican experiment in Turkey has been a Failure. Ataturk should have just made Osman Fuad sultan if he didn't want the role rather than create the republic. At least the Ottoman Empire went down to swing against great powers that had ten times the empire's population. The republic had nothing but relative peace, and it still Capitulated in exchange for nothing.

What are you saying dude? Have you heard of the basic law of transitivity? if a=b and b=c then a=c. If relation R = "having free trade", then "EU R Turkey" & "Turkey R someone else" --> "EU R Someone else". I think EU gets to decide which regions and countries they want to have free trade with.

P.S. and EU has shown they don't want to have R with that someone else already, so this has nothing to do with us, or influencing us, or pressuring us:

EU trade relations with Gulf region

Facts, figures and latest developments.

policy.trade.ec.europa.eu

 

[what]

This is insane. If this article is true, then the EU has too much power over Turkey, and it is no different than the capitulations of the Ottoman Empire.

The republican experiment in Turkey has been a Failure. Ataturk should have just made Osman Fuad sultan if he didn't want the role rather than create the republic. At least the Ottoman Empire went down to swing against great powers that had ten times the empire's population. The republic had nothing but relative peace, and it still Capitulated in exchange for nothing.

Think about it, you have a free trade agreement with the EU and you as the other party can have whatever FTA you want with other countries.
That would give Turkey the unlimited power to attract as many non-EU companies and investments to circumvent the EU tariffs.

 

[No Name]

France is thinking about citizenship style Taxation, i wonder if Turkey will do this to counter the Brain drain problem?

 

[somegoodusername]

France is thinking about citizenship style Taxation, i wonder if Turkey will do this to counter the Brain drain problem?

It's not a problem, but a policy of the current government. You don’t need to make your citizens more prosperous to secure your hold on power. Why did Chinese emperors ban trade, innovation, and hold back reforms? It can work both ways.

 

[Saithan]

Growing labor shortage affecting factories, businesses - Latest News

The shortage of skilled and unskilled labor has become a headache for Turkish small and medium-sized industrial enterprises as well as retailers.

www.hurriyetdailynews.com

Correct me if I'm wrong, but economy isn't super good, so should people graduate into something that can't feed them and keep a house above their heads ?

Workers Union and workers rights, non existing right ? So minimum salary ?

refugees granted right to work, so our people can't find jobs because some greedy factory owner already hired the cheaper refugeses who're btw living and being fed by tax money in refugee camps ?

Well I am sure there are other things to take into consideration, but I can't really recall everything, but the above is pretty bad as it is.

I think a smart factory owner would look into automating processes instead of using cheap labour.

 

[No Name]

Turkey needs to increase it's railway network. most of the railway come from either the Ottoman era or single party era and their are still countless cities that are not connected to each other yet.

 

[Deliorman]

Conventional railways are the bloodline of every big industrial nation. If Turkey has an ambition to be a big economy it has to build more and more railways- both conventional for delivering freight and transporting people and HSR for fast transport between big population centers.

Unfortunately rail transport have always been neglected and is nowhere near where it must be. Turkey's terrain makes railway developments harder and more expensive. In Turkey it has always been about highways, highways, highways and since recently- airports. If you want to develop you must invest harder in Railways and Sea Ports.

 

[what]

Agreed, Ukraines life-line is literally its Soviet era rail network. We need more conventional rail too.

 

[Saithan]

I agree a lot with you guys. I am pretty certain that most of the freightline being built were/are pretty old. I believe some of them are from back the time of Atatürk.

How much has AKP built. bullet train line can't be used for freight transport.

 

[B_A]

Turkey needs to increase it's railway network. most of the railway come from either the Ottoman era or single party era and their are still countless cities that are not connected to each other yet.

Conventional railways are the bloodline of every big industrial nation. If Turkey has an ambition to be a big economy it has to build more and more railways- both conventional for delivering freight and transporting people and HSR for fast transport between big population centers.

Unfortunately rail transport have always been neglected and is nowhere near where it must be. Turkey's terrain makes railway developments harder and more expensive. In Turkey it has always been about highways, highways, highways and since recently- airports. If you want to develop you must invest harder in Railways and Sea Ports.

We need a railway network like Japan or S.Korea

Their land are full of hills and mountains

 

[Saithan]

Turkish carmakers face stiff competition from Chinese rivals - Latest News

Chinese companies are using state subsidies to flood the local market with cheap cars that put local carmakers in a difficult position, according to Berk Çağdaş, general manager of MAİS.

www.hurriyetdailynews.com

 

[what]

https://www.reuters.com/business/autos-transportation/turkey-final-stages-investment-talks-with-china-car-maker-chery-turkish-official-2024-10-01/

 

[Saithan]

Uncertainties reduced significantly, says VP Yılmaz - World News

Türkiye is in a period of reducing uncertainties to a minimum, Vice President Cevdet Yılmaz has stated, stressing that the country continues to ensure predictability, sustainability and confidence.

www.hurriyetdailynews.com

Well, stabilizing the prices should hopefully reduce inflation.

 

[Saithan]

Environmental assessment process for BYD plant launched - Latest News

The Environmental Impact Assessment process has been initiated for the factory to be built by Chinese carmaker BYD in the western province of Manisa.

www.hurriyetdailynews.com

Tbh I know they're building the new factory in western Türkiye because the infrastructure is so good, but I would have hoped they'd build it elsewhere to diversify a bit. Especially since government seem to give a lot of benefits with the investment, it should have been used to galvanize and reinvigorate other parts of the country.

 

[what]

The east has neither the logistics nor the know how for that factory. BYDs suppliers will all be from Ege and Marmara region. We talked about this the other day but freight rail is weak in the country and having a plant on the other side of the country is just not feasible, when your suppliers are 1000km away.

Plus the cars will be sold to Europe via shipping anyway so the eastern regions never stood at chance.

 

[YeşilVatan]

The east has neither the logistics nor the know how for that factory. BYDs suppliers will all be from Ege and Marmara region. We talked about this the other day but freight rail is weak in the country and having a plant on the other side of the country is just not feasible, when your suppliers are 1000km away.

Plus the cars will be sold to Europe via shipping anyway so the eastern regions never stood at chance.

I said it before, I'll say it again; I believe Mersin-Adana-Hatay-Gaziantep region has a lot of untapped potential. With correct infrastructure investments it can be a robust production center with sea access independent of Greek BS.