By Ugur Arslanhan
ISTANBUL (AA) – Turkish maritime sector is worth $17.5 billion, while the industry employs one million people, Cahit Turhan, Turkey's transport and infrastructure minister, said Friday.
Turkey has a huge geographical advantage to have a say in maritime trade and maritime sector in the world, the minister said during the opening ceremony of the international maritime exhibition Avrasya Boat Show in Istanbul.
“Eighty-seven percent of Turkey's foreign trade is made via sea lanes, the Mediterranean Sea's share in the world sea transportation sector is over 25 percent, ” he noted.
Turkey ranked 3rd in the world among boat producing countries, the minister said.
