Category: Q&A

BY HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “We nearly have a USD 30bn of machinery imports, 70% of which is imported although Turkey can manufacture it. If we implement prudent policy in the machinery industry, we can reduce USD 20bn in our USD 30-40bn current account deficit.” Q: WHAT INSPIRED YOU TO WRITE YOUR BOOK,...

BY HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “Stability is intertwined with the quality of a democracy and the degree to which human rights are respected. The most important issue in Turkey is to provide stability and trust.” Q: HOW DO STEPS TAKEN BY TURKEY IN FOREIGN POLICY AND THE MANAGEMENT OF GEOPOLITI˹ CAL RISKS AFFECT...

BY HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “Turkey should take steps to improve its democratic image, judicial independence and freedoms for its economic reforms to be sustainable, to restore investors’ trust, and to increase its credibility and image.” Q: HOW SHOULD TURKEY TAKE ADVANTAGE OF THE POST˹COVID PERIOD IN TERMS OF ATTRACTING VALUE CHAINS AND...

By HUSNIYE GUNGOR “We must implement corporate governance to prevent us from becoming a country of small companies, from splitting companies up among partners, and to pass our businesses on to the coming generations.” Q: WHAT WILL THE COLLABORATION WITH INTERNATIONAL FINANCE COOPERATION (IFC) INCLUDE? A: With IFC, we initiated a collaboration to contribute to...

BY HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “Even if our tradespeople aren’t intubated, they are in intensive care because of only partial supports. It seems unlikely that they will be discharged from intensive care before workplaces are completely opened and turned to normal.” Q: WHAT’S THE ROLE OF OCCUPATIONAL GROUPS AND WORKPLACES UNDER THE UMBRELLA...

By HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “The TF-X Project will gradually replaces theF-16s in the TAF’s inventory, making Turkey one of the few countries in the world, after the U.S., Russia and China, that can produce a fifth-generation fighter aircraft with its domestic infrastructure and technology.” Q: TURKEY HAS RECENTLY BROKEN THROUGH IN THE...

BY HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “With fiber lines totaling 340,000 kilometers, Turkey can become the world’s data center with smart investments such as the Star of Bosphorus Data Center.” Q: HOW IMPORTANT IS IT TO KEEP DATA OF INDI˹ VIDUALS AND INSTITUTIONS INSIDE TURKEY? A: Companies that securely store, back up and process...

By HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “We must strive, with every fiber of our being, toward becoming a technology-based nation .” Q: WHAT DOES NETAS MEAN FOR TURKEY? A: Netas was founded 53 years ago to establish communication infrastructure with local opportunities. We developed the first analogue and digital switchboards. We expanded to rural...

By HAKAN GULDAG, VAHAP MUNYAR, SEREF OGUZ “One of the limits to our trade with Europe is the non-updated Customs Union (CU) agreement between Turkey and EU. The agreement that was signed in 1995 must be updated and modernized as soon as possible.” Q: COVID-19 HAS FURTHER RAISED EXISTING CONCERNS REGARDING THE FUTURE. WHAT SORT...

Just as there is a strong team behind every successful manager, there’s also a strong family. Tuncay Sagun, Chairman of one of Turkey’s most successful water product exporters, Group Sagun, agrees with this statement. Sagun stated that the hero behind the curtains is his wife. “If I was ever reborn, I would become a fisherman...