Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
Turkey’s largest technopark set for summer opening 
14.06.2013

Dünya- Set to be the largest technology park in Turkey and one of the largest in Europe, Teknopark Istanbul’s first phase will be operational by the end of August. Under construction on the Asian side of Istanbul, the site will ultimately house the research and development (R&D) labs of about a thousand local and foreign companies from technology-intensive sectors.


The first of the total four phases of the high tech site is fully booked by a hundred companies, ten of them foreigners, according to Turgut Senol, Director General of Teknopark Istanbul. “Teknopark Istanbul aims to establish a comprehensive R&D capability and added-value creation in Turkey..”, Senol said about the project, scheduled to be completed by 2023. The 950,000-square meter indoor space will accommodate some 30,000 personnel engaged in R&D projects for strategic sectors including defense, ICT, electronics, energy, biotechnology, aviation and aerospace.


Jointly developed by the Undersecretariat for Defense Industries (SSM) and the Istanbul Chamber of Commerce (ITO), along with academic input from several universities in Istanbul, Teknopark Istanbul offers tax exemptions and reduced operating costs to its resident companies under Turkey’s extensive investment incentives system. Located next to Sabiha Gokcen Airport and in close proximity to major land and sea routes, the USD 4 billion project also gives its investors the full benefit of Turkey’s strategic location.


Teknopark Istanbul is expected to generate USD 10 billion of annual income when it becomes fully operational.

25.08.2015 Over 12,000 properties sold to foreign buyers over seven months
20.08.2015 Turkish insurance market strategically important for Sompo Japan Nipponkoa
18.08.2015 Turkey’s ‘Mega Projects’ propel the country towards 2023 targets
17.08.2015 Goldman Sachs partners with SOCAR Turkey
14.08.2015 Turkey to be the regional maintenance hub for GE turbines
13.08.2015 FDI into Turkey lights up the energy sector in the first half
11.08.2015 Ford Otosan to reach new heights in production, exports
07.08.2015 Prime Development portfolio in Turkey to reach USD 1 billion
04.08.2015 EBRD to invest EUR 300-400 million in Turkish assets
30.07.2015 Turkey and China to boost trade, economic cooperation
<<
1 2 3 4 5 6 7 8 9 10
>>