Turkish Economy - News & Updates

[Ababeel]

http://www.dailysabah.com/life/2017/01/19/turkeys-manufacturing-industry-goes-big-with-3d-printing

 

[Ababeel]

 

[Saithan]

A hidden treasure I didn't know about. It's pretty impressive.

 

[Papa Dragon]

Three-dimensional (3D) printing technologies enjoy growing commercial potential with a global market expected to increase from $3.7 billion to $10.4 billion by 2021, according to a BBC Research study.

With the initiatives of Gebze Technical University (GTÜ) and Gazi University in Ankara, Turkey's first 3D printing technology center will be set up this year, and is projected to increase domestic and high-added value production in Turkey. The center will be working on to fulfill the needs of the Turkish aviary and defense industry.

Also called additive manufacturing, 3D printing includes the process of making a 3D solid from a digital model by building them up in layers. The technology has brought a number of innovations on various fields from health and food to manufacturing, while 3D printing inkjets have brought costs down.

The debut center will be established within the Ministry of Development's projects for 2017 and will increase Turkey's economic competitiveness. Following its establishment, the center will mainly design authentic products and side products for aviary, defense and machine production industries in collaboration with supporting organizations and manufacturing firms. The project is supported by other universities like the Yıldız Technical University as well as many stakeholders, including ASELSAN and Teknopark Istanbul A.Ş

 

[T-123456]

Three-dimensional (3D) printing technologies enjoy growing commercial potential with a global market expected to increase from $3.7 billion to $10.4 billion by 2021, according to a BBC Research study.

With the initiatives of Gebze Technical University (GTÜ) and Gazi University in Ankara, Turkey's first 3D printing technology center will be set up this year, and is projected to increase domestic and high-added value production in Turkey. The center will be working on to fulfill the needs of the Turkish aviary and defense industry.

Also called additive manufacturing, 3D printing includes the process of making a 3D solid from a digital model by building them up in layers. The technology has brought a number of innovations on various fields from health and food to manufacturing, while 3D printing inkjets have brought costs down.

The debut center will be established within the Ministry of Development's projects for 2017 and will increase Turkey's economic competitiveness. Following its establishment, the center will mainly design authentic products and side products for aviary, defense and machine production industries in collaboration with supporting organizations and manufacturing firms. The project is supported by other universities like the Yıldız Technical University as well as many stakeholders, including ASELSAN and Teknopark Istanbul A.Ş

Do you work in that field?

 

[cabatli_53]

@Successwill warning issued for insulting the member

Turkish is not allowed in this thread. Cleaned !

 

[Zulkarneyn]

Hi. Can you post such contents here at Turkish Economy sticky thread. https://defence.pk/threads/turkish-economy-news-updates.192555/page-80

@cabatli_53 will you move this to the economy sticky thread please.

 

[cabatli_53]

Hi. Can you post such contents here at Turkish Economy sticky thread. https://defence.pk/threads/turkish-economy-news-updates.192555/page-80

@cabatli_53 will you move this to the economy sticky thread please.

Done !

 

[Papa Dragon]

Do you work in that field?

I was a research assistant in my university in the field of 3D printing and additive manufacturing but eventually i'm in another field though

 

[EgyptianAmerican]

Business forum calls for improved Egypt-Turkey ties

Delegation of Turkish entrepreneurs go to Cairo for attending one-day joint business forum

An Egyptian-Turkish business forum on Monday called for boosting economic ties between the two countries, whose relations have been badly strained since a 2013 coup that unseated Egypt’s first freely elected president.

A Turkish business delegation arrived in Cairo on Sunday to attend the one-day forum, which was organized by the Federation of Egyptian Chambers of Commerce (FEDCOC).

Addressing the forum, Rifat Hisarciklioglu, president of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), voiced his hope for improved relations between Ankara and Cairo.

“The visiting delegation includes Turkish businessmen willing to invest in Egypt,” he said, adding that Turkish businessmen considered Egypt a viable trade partner.

“We want to increase [Turkish] investment and exports to Egypt and the world,” he said.

According to Hisarciklioglu, the number of Turkish firms operating in Egypt has increased over the past 15 years, while overall Turkish investment in the country has grown to a current $5 billion.

“This has helped create some 60,000 job opportunities for Egyptians,” he said.

FEDCOC Chairman Ahmed al-Wakeel, for his part, said members of the Turkish delegation hoped to channel investment into different sectors of Egypt’s economy.

“Egypt will remain Turkey’s gateway to Africa, while Turkey is Egypt’s window to Eastern Europe and Central Asia,” he said.

Al-Wakeel went on to note that political turmoil in Egypt since 2011, when a popular uprising unseated autocratic President Hosni Mubarak, had stalled feasibility studies for several projects in Egypt planned by Turkish firms.

“These files are now being reopened with the achievement of political and security stability [in Egypt],” he said.

Egyptian-Turkish relations deteriorated sharply after the Egyptian army ousted elected President Mohamed Morsi, a member of Egypt’s now-banned Muslim Brotherhood group, in 2013.

Turkey has been critical of Morsi’s ouster, describing his overthrow as a military coup.

Last August, Turkish Prime Minister Binali Yildirim said Turkey looked forward to repairing its relations with Egypt.

However, the appointment of Binali Yildirim — a close ally of President Recep Tayyip Erdogan — as prime minister in May, 2016 has signified a more conciliatory approach to foreign policy.

“We will keep on increasing our friendships by observing the interests of our region and our country,” Yildirim said in a meeting with members of his ruling Justice and Development Party (AKP) party.


https://www.middleeastobserver.org/2017/01/30/business-forum-calls-for-improved-egypt-turkey-ties/

 

[Nosferatu]

Global economic change by 2050.

Key results of the analysis;
This report sets out our latest long-term global growth projections to 2050 for 32 of the largest economies in the world, accounting for around 85% of world GDP.

• The world economy could more than double in size by 2050, far outstripping population growth, due to continued technology-driven productivity improvements
  
  
• Emerging markets (E7) could grow around twice as fast as advanced economies (G7) on average
  
  
• As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th)
  
  
• The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050
  
  
• UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively
  
  
• But emerging economies need to enhance their institutions and their infrastructure significantly if they are to realise their long-term growth potential.
  

For full PWC report:
Pwc economy/the-world-in-2050

 

[what]

Turkish company inks renewable energy deal with Pakistan for 200-megawatt solar power plant

http://www.dailysabah.com/energy/20...h-pakistan-for-200-megawatt-solar-power-plant

We need more companies expanding their business in developing countries.
Zorlu is probably one of the more competent conglomerate in Turkey. They invested in Israel too and have so much leverage now on a possible piepline between both countries.

EDIT: Just saw that Zorlu has a wind farm in Pakistan too. They will also produce almost 7% of Israels energy needs according to their website. Thats the way to go.

 

[Deliorman]

There is so much potential all around Africa and Asia for Turkey- places where Turkish investors can expand their businesses and make a lot of money but also help the locals benefit from their investments. Mutual benefits is all we need instead of what westerners have been doing around their former colonies for centuries. For example look at Pakistan- it is a huge country with a huge potential that is one of our only friends in this world. We should try to expand our cooperation on all fields and we can both win from it.

ps I have heard that Turkey and Ukraine are working to allow traveling between both countries with ID cards only which is great news in my opinion. Ukraine is also a country with great potential for us and I again hope our relations will get warmer.

 

[Endurance]

https://twitter.com/x/status/840227884233048065

 

[T-123456]

Turkey’s unemployment rate rises to 12.7 pct, highest in seven years

Turkey’s unemployment rate rose to 12.7 percent in December 2016, marking the highest such rate since March 2010, official data showed on March 15.

March/15/2017