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Bureau of Mines / Minerals yearbook area reports: international 1972
Year 1972, Volume 3 (1972)

Shekarchi, E.
Turkey,   pp. 801-811 ff. PDF (1.1 MB)


Page 801

  801The Mineral Industry of Turkey 
By E. Shekarchi1 
 Continued economic buoyancy and improving relations between the Government
and private sectors characterized the mmeral industry of Turkey in 1972.
Private investment increased and the new 5-year plan (1973—77) promised
new funds for the public sector, particularly in manufacturing, heavy industry,
and mining. 
 December 31, 1972, marked the end of the second 5-year development plan
and the beginning of the third 5-year development plan. The third plan projects
a Turkish economy competitive with those of the European Community (EC) countries
by 1995, when Turkey hopes to become a full EC member. The third plan establishes
the following immediate targets (1973-77): 
gross national product (GNP) to increase by $4.8 billion;2 mining to increase
at an average annual rate of 13% to 14%; energy to increase by 13% to 14%;
and exports to increase by 8.5%. 
 Under the third plan Turkey expects to minimize the role of foreign aid
in its economy. It proposes that not more than 4% of total expenditures,
or about $186 million annually, should be covered by foreign aid. The planners
foresee that nearly 95% of the funds required for the third plan can be met
from Turkey's resources. 
 The long-range strategy under the third plan establishes the following targets
for 1995; (1) Per capita income to increase fourfold and reach $1,500 while
GNP is to rise at an annual rate of 7% to 8%; (2) iron and steel production,
which was 10 million tons in 1970, to reach 20 million tons; (3) cement production
to rise from 6.5 million tons in 1970 to 40 million tons; (4) generation
of electricity to increase from 8.6 billion kilowatt-hours to 125 billion
kilowatt-hours; and (5) aluminum production to rise from 17,600 tons to 1
million tons. Under the plan the rate of increase in population is to be
kept within a low fertility range so that the total population will not exceed
65 million by 1995. 
 The National Assembly continued discussing the controversial Mining Reform
Bill amid signs that the administration would insist on its own version of
the legislation. Objectives of the Government version of the Bill are limitation
on foreign capital in mining operations; nationalization of certain minerals,
and priority to state agencies in mining operations. 
 The Bill was amended by an ad hoc House committee early in December 1972,
to permit the private sector to play a somewhat greater role. In the latter
part of December the National Assembly voted to send the bill back to the
committee for reconciliation of controversial and disputed articles. At the
end of December, the outcome was uncertain. 
 A reorganization of the State Economic Enterprises was published in the
Official Gazette in December 1972. Under the decree two new supervisory organs
were created, the -General Administration of State Economic Enterprises and
the Supreme Council. All funds and budgetary allocations for State Economic
Enterprises, as well as profits of these agencies, will be transferred to
the accounts of the proposed General Administration. The Administration will
see that all funds earmarked for State Economic Enterprises are utilized
by state holding companies to be formed. The Supreme Council will be headed
by the Prime Minister and composed of the ministers concerned. It will provide
top-level coordination between State Economic Enterprises and will see that
their pricing, investment, and tariff policies conform to the Government's
general economic policy. 
 Labor in its widest sense has, in fact, become an economic factor of unprecidented
importance for Turkey. In 1972 there were 
 ' Physical scientist, Division of Ferrous Metals 
—Mineral Supply. 
 2Where necessary, values have been converted from Turkish Liras (TL) to
U_S. dollars, at the rate of TL1 US$0.15. 


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