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Monday, December 30, 2013

TURKEY IS TO OPEN TECHNOLOGY STOCK-EXCHANGE SIMILAR TO NASDAQ IN THE US.

TURKEY TO GET ITS OWN NASDAQ

The government is preparing to take significant strides that will advance Turkey’s  to an echelon of high technology. Amongst the moves to be made in the name of advanced technology will be the opening of a technology stock-exchange similar to Nasdaq in the U.S. as well as including training on robots and artificial intelligence which will begin from primary school onwards.




The government is preparing to take significant strides that will provide the groundwork for a transition to advance technology that will carry the Turkish  in 2023. Included in the plans will be the establishment of a Nasdaq-like technology stock exchange in Turkey as well as the inclusion of training in robotics and artificial intelligence from primary school onwards. Special incentives will be on offer for fourth generation automation, while industry-experienced researchers will be given support to "return home".
Speaking at the 3rd Industry Council, which was also attended by Prime Minister ; Industry Minister  announced that the government has decided to support and promote sectors that stand out for making Turkey strong contenders in the international arena.
"Within the next ten years we need to successfully transition to advanced technology in our industrial production. The state is no longer distanced from the industrialist. We need to develop the business and investment environment in a way that benefits our industrialists, while also facilitating statutes for incentives and support," stated Ergün.
Industry Minister Ergün announced the following steps the government aims to take to bring the industry up to highly competitive international standards:
A TURKISH NASDAQ: Turkey plans to set up a technology stock exchange, which will have Turkey's technology firms trading similar to the U.S. NASDAQ. Careers across Turkey will be mapped out on a map of Turkey, which will be used to determine employment policies.
FULL SUPPORT FOR ENTREPRENEURS: Entrepreneurial studies will begin from primary school onwards. Entrepreneurial candidates will be provided with counseling services and network groups will be established to transfer experience.
ROBOTIC TRAINING BEGINS: Topics such as informatics, biotechnology, nanotechnology, advanced materials, genetics, robotics, artificial intelligence, organic agriculture, nuclear technology and aerial, space and defense technologies, which are future opportunity areas, will be made compatible with the education system.
EMPOWERING SME'S: Minister Ergün reiterated that Turkey's strongest sectors, which are high-level competitors in the international arena, will be offered state support. The innovation capacity of SME's will be increased. High priority will be placed on the application of key technology such as biotechnology and nanotechnology in the industry sector.
It's time for doctorates in the industry…
According to the information shared by Minister Ergün, researchers who have received doctorates abroad and have experience in certain industrial areas designated by Turkey will be eligible for support for their "return home." Academics will be able to offer industrial advising. In order for state support to be tracked on a single platform, a coordination model, which will include the public and private sectors and NGO's, will be established. Eco-industrial parks and industrial symbiosis will become more widespread with incentives being provided for industrial zones that are able to create the open space necessary for the implementation of these projects.
This is a translation of an article originally written by Hazal Ateş

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