Economy

Elazığ is one of the most economically developed illusions of the region. Elazığ, the point where the Eastern Anatolia Region opened to the west, continues to develop rapidly in trade and industry. Total exports in 2014 in the province of the province has been $ 227.893 thousand. Elazığ is the second most exporting city of Eastern Anatolia Region. The economy of the province is basically developed by the activities carried out in the service sector, industry and agriculture sector. Elazığ, which is an important industrial infrastructure with Organized Industrial Zones, exports 227 million Dollars in 2014. Elazığ, one of the most important underground resources, realized 92% of exports in 2014 in this sector. And also; various sectors such as water products, food products and beverage production, casting, machinery, textile and furniture are the important building blocks of the economy with its competitiveness in the region. Elazığ, which is the leader in the aquaculture sector with its annual trout production of 14400 tons, is an important center in the world with its potential capacity in this sector. Elazığ has an annual production volume of 3 million units. The construction and trade sectors in the service sector are one of the important sectors of the province's economy in terms of the two-way connection with the facts of industrialization and urbanization, and the income and employment that it creates. .

 

Elazığ CCI TOTAL NUMBER OF MEMBERS

COMPANY TYPE

NUMBER

Corporation

383

OTHER

2

REAL PEOPLE

1852

COLLECTIVE COMPANY

7

COOPERATIVE

161

LIMITED COMPANY

2739

TOTAL

5145

SOURCE: Elazığ CCI, 2014

 Export Sectors

SECTOR

EXPORT AMOUNT ($)

Wood Products and Forest Products

2.387.000

Steel

763.000

Cement, Glass Ceramic and Soil Products

110.000

Iron and Non-Ferrous Metals

430.000

Leather and Leather Products

5.000

Electrical - Electronics

3.000

Hazelnut and Products

2.000

Carpet

5.000

Clothing and Apparel

133.000

Grains, Pulses, Oil seeds and Products

821.000

Climate Control Industry

904.000

Chemical Materials and Products

2.944.000

Dried Fruits and Products

35.000

Mining and Metals

206.671.000

Machinery and Accessories

1.044.000

The Fruit and Vegetable Products

92.000

Fisheries and Livestock Products

11.495.000

Motor Vehicles and Related Industries

15.000

Fresh Fruits and Vegetables

2.000

Other

30.000

TOTAL

227.893.000

Source: TİM, 2014

With its 40 years of history, Fırat University has made important strides in the field of engineering especially at the leading universities and university industry cooperation of the country.

Employment Rate

48,9

Labor Force Participation Rate

53,1

Unemployment Rate

7,8

Source: TUİK, 2014

One of the 2 Organized Industrial Zones in the province is Animal Products OSB. Elazığ Organized Industrial Zone is an example of the country with its infrastructure facilities and the logistics center on the railway passing through it. It is preparing to serve the investors with the new expansion area which will be opened to service in the coming period. When Elazığ OIZs are examined, it is seen that the weighty sectors are food and marble. In Elazığ center, there is 1049 workplace-sized CSR, providing an average of 5000 jobs.

Incentive statistics (2011-2014  )

 

2011

2012

2013

2014

Taken Incentive Certificate Number

46

31

32

30

Total Fixed Investment Amount (Million TL)

1.492

125

383

158

Total Projected Employment

1.040

567

988

396

Source: Ministry of Economy