Industry and Technology Minister Mustafa Varank, noting that many local suppliers participating in the Group of Turkey's Cars Initiative, "Turkey's Car Project, the production car has a vision far beyond. We made our claim and set out to establish a mobility ecosystem from scratch. " said.
Minister Varank inaugurated the "MÜSİAD EXPO 2020 Trade Fair", the international economy, trade and finance summit organized by the Independent Industrialists and Businessmen Association (MÜSİAD). Noting that many innovations were made in the fair this year, Minister Varank said:
The fact that a hybrid approach is followed in participation in the fair actually reflects the spirit of the new era. Thanks to the technological infrastructure, those who cannot physically come to MUSIAD EXPO will benefit from the advantages of digitalization. Even after the fair is over, commerce will be able to continue on the digital platform and new collaborations will be established.
High-level measures were taken against the epidemic for the physical participants of the fair. The area we are in has received the Safe Service Certificate from the Turkish Standards Institute (TSE), an organization of our Ministry. All measures were calculated to the finest detail and were fulfilled.
The innovation that excited me this year at MUSIAD EXPO was the first-ever entrepreneurship field. Promising entrepreneurs of our country will meet with investors from all over the world. So; investment capital and intellectual capital will come together; Innovative businesses will have the opportunity to open up to the world by gaining scale. technology-based jobs, especially Turkey, have significant potential in the field of entrepreneurship.
MUSIAD expo Another surprise of the Car of Turkey. I think our national and international participants will spend a lot of time at the TOGG booth. Turkey's Car Project, with a vision far beyond producing cars. We made our claim and set out to establish a mobility ecosystem from scratch.
Many domestic suppliers in Turkey Automobile Enterprise Group (TOGG) joined the family. Among the suppliers, there are young startups, start-ups that have never worked with any main producer before. Battery production will also take place in our country in cooperation with a global brand. Our vehicles will hit the road in 2022 with 51 percent local and in 2026, they will continue with 68 percent domestic.
Estimates show that the global economy will shrink by over 4 percent this year. Turkey, in such a difficult period, compared to more successfully manage both their peers in developed countries. During this period, Turkish industry has amply demonstrated its ability to both maintain its production capability and rapidly adapt to changes.
We take firm steps towards this goal with our production infrastructures, our perfectly functioning supply network, our qualified human resources, hard-working entrepreneurs and our strong R&D ecosystem. We do not differentiate between domestic and foreign in the policies we apply. generating employment in the territory of Turkey and which contribute to everyone, for us, is the local and national.
In order to increase both domestic and foreign productive investments in the new period; We are accelerating structural reforms. The steps we have taken in the recent period are also appreciated in the international arena. In the World Bank's Ease of Doing Business Index, we climbed another 10 places to 33rd place.
We are preparing our Foreign Direct Investment Strategy to increase our share in global value chains and attract more investments to our country. Turkey is giving direction to the global trend, we are trying our power to make it a leading actor. We strive to build support mechanisms that will encourage the real sector in the best possible way.
The steps we will take in cooperation with our trade and investment partners to grow together, win together and spread this to the society will return to us as an increase in competitiveness and welfare, and will open the door to a more prosperous future.
MUSIAD President Abdurrahman Kaan stated that important steps will be taken regarding export and commercial relations between countries at the fair, “This year, for the first time, participants will be presented with a hybrid fair experience. Exhibitors will be able to trade with their visitors not only in the fair area but also on digital platforms thanks to the technological infrastructure. " he spoke.
Kaan explained that hundreds of companies from 24 sectors attended the fair and gave information about the participating countries.
Following the opening TOGG accompanying delegation who visited the booth Varank Minister, Turkey has exchanged ideas with officials related to car manufacturing process.
Varank also visited the stands of MUSIAD Women and Young MUSIAD with the stand where the Caravan Park Project, which was implemented by MUSIAD regarding caravans, which has increased in importance during the coronavirus process.
MUSIAD EXPO 2020 Fair, where participants from many different sectors meet, will host its visitors at TÜYAP Fair and Congress Center on November 18-21, 2020.