Turkey’s recycling industry set for high potential in upcomi...| MENAFN.COM

Monday, 08 August 2022 04:26 GMT

Turkey’s recycling industry set for high potential in upcoming 5 years


(MENAFN) There is going to be big chances for Turkey in the recycling industry during the upcoming five years, as stated by the chief of a sectoral organization.

Fatih Eren, chairman of Turkey’s Recyclers Association (Gekader), stated to Anadolu Agency that the nation has become a chief destination for recyclables, in place of the Far East and China.

Worldwide commercial relations have shifted in latest years after the coronavirus epidemic as exchange with China was damaged because of disturbances, with Turkey emerging as an important substitute for demand and supply.

Eren stated that "With its geographical location, our country is a logistics country, not only for recycling, but also in many (other) sectors."

He also stated that, explaining that this would damage Turkey’s present account balance "If the recycling sector cannot provide this 30 percent, an additional 30 percent of imports will be needed," adding "So, the recycling sector must continue to work quickly and strongly."

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