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Turkey’s 2023 Vision

Posted on 26 January 2016
Updated On: 29 March 2020

Turkey’s 2023 vision is without a doubt one of the most important economic project on going in this century, which will significantly contribute to the economic face of Turkey, and make it a decision maker worldwide. 2023 vision is a project to the development of the Turkish economy, it was announced by President Recep Tayyip Erdogan during his campaign for the presidency, and after his winning in 2014.

This project is adopted by the ruling party in Turkey AKP, aiming for the development of Turkey in many aspects, by 2023 the 100 year anniversary of the founding of the Turkish Republic. These aspects include:

1- Economics:

  • Develop the Turkish economy to be one of the top 10 in the world.
  • Gross domestic revenue of 1 trillion USD by the end of 2014.
  • Gross domestic revenue of 2 trillion USD by 2023
  • Increase citizen’s income by 25.000 USD annually.
  • Decrease unemployment rate to be 5%
  • Increasing foreign trade to reach 500 billion USD annually.

2- Energy

  • Install a total capacity of wind energy of 20.000 megawatts, and geothermal energy of 600 megawatts.
  • Reduce power consumption by 20 % below 2010 levels by improving efficiency.
  • Operate three nuclear plants.

3- Tourism:

  • Attract 50 million visitors per year.
  • Increase tourism revenue by 50 billion USD annually.
  • Make Turkey one of the world most visited destinations, and to be on the top 5 visited countries.

4- Transportation:

  • Build 11.000 km of rail ways and expand existing ones.
  • Build 15.000 km of divided highways.
  • Take care of the ports, especially due to Turkey’s central location between Asia Europe and Africa through the Mediterranean
  • Produce airplanes, and remotely piloted air crafts, and satellites domestically.

5- Health Care

  • Improve health insurance system by 100%
  • Increase the number of doctors to be 210 for every 100.000 people.

6- Foreign Policy:

  • Turkey’s accession to the EU by 2023.
  • Play a major role in solving regional and global disagreements and conflicts.
  • Become one of the top 10 largest economies in the world.
  • Seeking regional integration by security and economic cooperation.

This Project is definitely huge, and it needs a lot of expertise, and plans for execution. Turkey already has the ability to do such project, especially since AKP started ruling in 2002. We can see a big difference since they started ruling, a lot of mentioned projects are being completed, for example, last year, Turkey was ranked number 6 globally in attracting tourists, and it took a big leap in local and international economy, plus the serious discussions with the EU as to join the EU and allow its citizens to enter the EU without a visa by the end of this year.

The main factors for this project to work are very simple which are political stability, linked and balanced economic policies, and expanding trade and world economy. These factors are now available in Turkey, and we can see how this project would work by comparing between other periods, for example from 2002 to 2008 we can see that the Turkish economy has elevated greatly compared to the period between 2009 to 2014, where it slowed down a bit due to some variables on the international scenes, and when we come to 2023 we can start comparing again on how this project have succeeded or failed.

Saudi – Turkish Relations

This project 2023 vision will benefit greatly the Arab world, where it would lead to the increased volume of trade exchange between Turkey and the Arab world – Saudi and gulf countries in particular. As the Saudi government has chosen some Turkish companies to implement several rail ways projects between Mecca and Medina, that itself verifies a new stage of relations between the Turks and Saudis, which could lead to an alliance.

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