> It's almost like the coup played in Erdogans hands.
FALSE.
I ain't defending anybody but If one try a coup he would not bombard his own home by a helicopter full of heavy guns.
All the citizens were suffering of these people who made the coup since 1990's as far as I read. They are hiring their members to critical positions like governor, judge etc and they do mobbing on others to quit, that's how they take over almost all the country.
Which ever main stream media you are following obviously managing a perception propaganda.
And those people who made the coup & escaped Turkey, doing this perception propaganda sice they have very good friends in mainstrem media like NY Times, Independent, The Guardian, german welt, etc.
You can't find those propaganda in Russia/China media, Russia found CIA ties with these terrorists who made the coup and never let them open their school in Russia.
Their schools operated over 100 countries (they were eye of the CIA according to claim) before the coup.
There is no example of this organisation in history, hard to believe but looks so true.
BTW, no opposition party member in jail as long as no ties with any terrorist organisation.
First, 22 billion Turkish lira investment coming from local billionaires/companies according to newspapers, not from states pocket.
The biggest problem of Turkish economy is the lack of gasoline and imported cars. The country pay $20B for gasoline and 76% of the gasoline consumed for cars (remaining percentage for airline and sea vehicles). They import over 500M cars every year. Probably $30B to $40B goes to imported cars (it would be over $100B including taxes)
These issues, makes the negative trade gap in the balance sheet.
Overall, seems producing electric car will help a lot for Turkish economy, and Turkey might pay it's debt very short period by this step.
Might work for some countries (like banana republic) but I do not think it would be valid case for Turkey. It is not about assembling/disassembling or where the factory is. Toyota, Renault, Honda, Isuzu, Hundai, Ford already producing (yes factories planted) in Turkey but consumers pay custom tax.
They can drop "income tax" for TOGG manufacturer, while others pay income tax.
Like, Amazon, Google does not pay their taxes fully while many others pay.
We are not talking about VAT or custom, it is income tax that government takes some percentage from the profit of the TOGG. Then, TOGG can sell their cars cheaper even though there is Tax and VAT.
If they really want to make price advantage for TOGG, they will find a way to achieve their goal.
Right, they can not lower taxes depends on manufacturer. But they can choose another way.
Like:
- Government banks can provide 0 interest (5 years term) credit only for local car.
- remove all taxes for 0 emission only with some spesifications like between 200-300 HP cars only to block Tesla (whatever).
Similar tricks already applying by all governments around globe.
I do not think any foreign company like Tesla will change his spec just to sell their cars in Turkey.
Zorlu Enerji (It's a well known Turkish energy company as well as part of the TOGG) already invested 4.5 billion USD to build up a battery factory together with Chinese GSR Capital.
Zorlu Enerji (It's a well known Turkish energy company as well as part of the TOGG) already invested 4.5 billion USD to build up a battery factory together with Chinese GSR Capital.
Whole country 5 million (Oslo 673.000) and 20 percentage expats.
https://en.wikipedia.org/wiki/Demographics_of_Norway
You can't have much accidents already by default.
There are many cities in the world like Berlin, Tokyo, Moscow population way bigger than whole Norway.