High-tech economy grows in Turkish capital

High-tech economy grows in Turkish capital

ANKARA – Anadolu Agency
High-tech economy grows in Turkish capital A high-tech economy is growing in Turkey’s capital, according to Nurettin Özdebir, the head of Ankara’s Chamber of Industry.

“Ankara is becoming a center for high-technology, with local innovation exceeding that of Istanbul,” Özdebir told Anadolu Agency.

The quality of Ankara’s exports has become very high, as the level of value-added content in exports from the capital is more than 30 percent higher than that of the Turkish average, and more than Istanbul contributes, Özdebir explained.

“What’s more, industries with a high level of technological innovation are expanding in Ankara. Defense technology is the largest sector, and it is expanding very rapidly.

“But the level of research culture in Ankara has become very high, thanks in part to the concentration of defense industry innovation. It has spread to areas like information technology, and particularly software, which are also growing fast,” Özdebir said.

Özdebir pointed out that Ankara has six technoparks. The oldest and largest is Technopolis in Middle East Technical University [ODTÜ], established in 2001, which houses more than 250 companies.

There were six Ankara-based companies included among the Deloitte Technology Fast50 companies in 2014.

“In our technoparks, cutting-edge innovation is taking place. For example, Ankara software companies are leaders in the development of embedded software - not just in Turkey, but abroad. They are taking a large share of export markets,” Özdebir said.

Ankara produces more patents than any other city in Turkey, thanks to the high level of research at its technoparks, Özdebir said.

 “And there is a nanotechnology cluster centered around the Ankara technopark which is among the best in the world,” he added.

However, the research culture of Ankara should spread further, to the other cities of Anatolia, Özdebir said, adding: “We need to increase our human capacity so that the province and the region can benefit from it.”

Ankara is also taking advantage of the diversification of the defense industry, according to Özdebir. Some of the Ankara defense companies are moving into related areas like electronics and high-speed trains.

“This will increase investment in Ankara, bringing in new companies and new capital,” he said.

Ankara is building a new industry zone dedicated to aviation and space technology, Özdebir added.

Where Ankara has been less successful, Özdebir admitted, is in attracting foreign direct investment.

“The lure of Istanbul is great in this area among foreign companies. What’s more, the construction industry attracts more investment than high-tech, because the time for a return on investment is shorter,” he said.

However, this is changing as interest in Ankara’s high-tech sector grows, according to Özdebir.

“As the quality of our innovation and technology input becomes better known, increasing investment will follow,” he said.