Wednesday, February 02, 2005

Turkey - balance in the bazaar

Can Turkey's high tech economy be given a kick start by foreign investment ?. Bill Gates thinks so, as the government has found a nice spot in Istanbul for folk like him. Turkey is trying to both catch up with more advanced economies and also stay ahead of cheaper competition from places like China. So, tax incentives and a new development zone are being offered to tempt companies into 'Tecknokent' Turkey's Silicon Valley more from Zaman Daily... At the same time more traditional industries, like textiles, are still being sheltered by quotas to keep out too many cheap Asian imports still more from Zaman Daily...

0 Comments:

Post a Comment

<< Home