The countdown has begun for Turkey Space Agency included within the 100 Day Action Plan announced by President Recep Tayyip Erdogan. Industry and Technology Minister Mustafa Varank said, the agency that oversees Turkey’s national interests, to ensure coordination in the field of space inustries devlopment. He continued that Turkish Space Agency, in the field of
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Kasım 27, 2018
Kasım 27, 2018
BEST INVESMENT AREAS IN TURKEY IN 2018
Let’s have a close look to the best investment areas in Turkey according to the 2018 investment conditions. Right now the most interesting investment sectors are in Turkey are construction, clothing, food and tourism. Construction sector is growing every year 1,5-2% above the Turkish GDP growth. The size of the investment have no much importance
Kasım 27, 2018
BUSINESS WORLD’S OPINION ON THE NEW CABINET
Business representatives are hopeful that the problems and bureaucratic obstacles will be swiftly overrun by stating that the new cabinet’s economic administration has emerged from within them. It was noted that the assignments made about the economy gave confidence. After the announcement of the new cabinet, the eyes turned to economy management. The Decree Law
Kasım 27, 2018
SME SUPPORTS FROM TURKISH GOVERNMENT
KOSGEB, the Presidency of the Administration for the Development and Support of Small and Medium Size Companies, is carrying its activities under the Ministry of Science, Industry and Technology, established in 1990. The aim is to increase the impact of small and medium-sized enterprises and the share of industry in order to meet social needs
Kasım 27, 2018
MEGA INDUSTRIAL ZONES PROJECT
Mega Industrial Zones are defined as “regions where large-scale domestic and foreign investments will be made to produce high and medium-high techological products”. Expropriation costs and infrastructure related costs of the Mega Industry Zones will be covered by the Ministry. Expenses to cover are: “Expropriation can be applied to all kinds of activities such as
Kasım 27, 2018
TURKEY- BULGARIA EFFECT
New developments in the relations of the two neighbouring coutries have been discussed reciently. The meeting that the economic authorities of the two countries attended, was held on February 7, 2018 in Sofia, the capital of Bulgaria. Turkish Economy Minister Nihat Zeybekçi stated that ” On the eve of the transformation of world economic systems
Kasım 27, 2018
TURKEY- GREECE ECONOMIC RELATIONS
The most concrete reflections of dialogue and co-operation between Turkey and Greece are observed in the fields of trade, economy, transport and tourism. In 2014 Turkish trade volume with Greece reached 5.6 billion USD, which corresponds to nearly twice the 2010 trade figures established by the YDIK mechanism. When there was a decline in the
Kasım 27, 2018
What is The Black Sea Economic Cooperation Organization ?
The Black Sea Economic Cooperation Organization (BSEC), whose headquarter is in Istanbul, was established on 25 June 1992. There are 12 members, many of which are formed by the countries that have coast in the Black Sea. The Founding members are Turkey, Russia, Azerbaijan, Armenia, Moldova, Georgia, Ukraine, Bulgaria and Romania. Other three members are
Mayıs 10, 2018
TURKEY’S BREAKTHROUGH IN ENERGY IN 2018
Within the frame of the rapid growth of energy consumption in the world, the increased importance of renewable energy sources such as wind and solar, the domestic energy policies are rising the importance of renewables in Turkey’s energy agenda. Global energy consumption is projected to increase by 28 percent until 2040, and Turkey is preparing
Nisan 5, 2018
ISTRADE: The Energy Trading and Supply Summit
The Energy Trading and Supply Summit ISTRADE 2018 will be held this year in Istanbul on April 9-10. According to the statement made by the Energy Fair which organizes the Summit with the support of the Ministr of Energy and Natural Resources and the Energy Market Regulatory Authority, the issues of energy trade, current developments,