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Bursa Grows Turkey Grows



We Should Increase the Significance of Industry in Growth

Mr. İbrahim Burkay; President of the Board of Directors of BTSO stated that Turkey has grown more than expected in 2015. “In spite of the economic and political crisis going on around the world, we preserved our position among developing economies. However, in a time that Industrial 4.0 revolution is discussed, we need to enhance the contribution of our industry with high added value production.”

Mr. Burkay evaluated the growth data of Turkey in 2015 which is 4%, and reminded that in 2015 Turkey came through 2 elections along with fighting against terrorism which threatens Turkey’s objectives and reminded the facts that political and economic crisis are continuing around the world. Despite these facts, Turkey has accomplished an unforeseen growth figure about 4% in last year. “Acquired a growth rate of Turkey, Brazil, Russia and South Africa is remarkable accomplishment considering the economic shrinkage period. However, as a country with high set goals, our growth rate is more salutary and more powerful comparing the developing countries. Nevertheless, we need to increase our growth rate over 5%.

 

BURSA HAS A SIGNIFICANT ROLE

Mr. Burkay pointed out that Turkey’s growth in 2015 is mainly developed by domestic consumption and demand, and the industry contributed to this growth with a 1.05 rate. “Industrial 4.0 is in world’s economy agenda, with the high technology production we need to increase the contribution of our industry to growth and avoid middle income trap. Our most important agenda topics for 2015 should be innovation, R&D and design. We need to achieve minimum 5% of growth this year. Therefore, Bursa has important duties regarding this matter as being in the center of high technology manufacturing objectives.

 

OUR COMPANIES WILL TAKE COURAGEOUS STEPS

R&D reform package passed in to law under the leadership of Ministry of Science, Industry and Technology will contribute to both Bursa’s and Turkey’s objectives. Mr. İbrahim Burkay; President of the Board of Directors of BTSO said that “R&D incentive and supports will allow our companies to take courageous steps to their value-added investment goals. 2016 will be a year which requires more effort for the benefit of the future of our city and country.”

| 31.03.2016 |

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