The Turkish Atomic Energy Authority awarded a construction license for Akkuyu NPP, Turkey’s first nuclear power plant, which is being built in Mersin province, in southern Turkey. The USD20 billion project to build the four-unit, 4800 MWe plant is part of Erdogan’s ‘2023 Vision’ marking 100 years since the founding of modern Turkey and is intended to reduce the country’s dependence on energy imports. The first unit is scheduled to start operations that year, with the other three units following by 2025. The plant is expected to meet about 10% of Turkey’s electricity needs.

Erdogan noted that, between 2003 and 2017, the Turkish economy had grown on average by 5.8%, and last year alone by 7.4%. As the country strives to become one of the ten richest countries in the world.