Govt unveils plan to boost Turkey's competitive power

Industry and Trade Minister Nihat Ergun yesterday unveiled the government's industry strategy document, set to boost Turkey's competitiveness in global markets. The detailed plan foresees the establishment of giant ports and logistics bases and the construction of railroads. It also focuses on knowledge-based industries, technology transfers, and energy efficiency. Speaking at Istanbul's Ciragan Palace yesterday, Ergun said the action plan is already being implemented. "As it is an instrument to make sure we realize microeconomic reforms, this plan carries the utmost importance," he added.