{"id":1684,"date":"2008-08-01T13:06:28","date_gmt":"2008-08-01T10:06:28","guid":{"rendered":"http:\/\/www.turkishnews.com\/en\/content\/?p=1684"},"modified":"2023-04-30T13:42:22","modified_gmt":"2023-04-30T10:42:22","slug":"turkey-eyes-to-turn-istanbul-into-a-finance-center","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2008\/08\/01\/turkey-eyes-to-turn-istanbul-into-a-finance-center\/","title":{"rendered":"Turkey eyes to turn Istanbul into a finance center"},"content":{"rendered":"<figure id=\"attachment_1685\" aria-describedby=\"caption-attachment-1685\" style=\"width: 100px\" class=\"wp-caption alignleft\"><figcaption id=\"caption-attachment-1685\" class=\"wp-caption-text\">Naz\u0131m Ekren<\/figcaption><\/figure>\n<p>Turkey discussed to turn Istanbul into a financial center on Thursday. Making Istanbul a financial center would contribute to development of not only this city, but also Turkey, Deputy PM Nazim Ekren said.<br \/>\n\u00a0<br \/>\n&#8220;It will also help Turkey gain a global prestige,&#8221; Ekren also said in Istanbul Province Economic and Social Council Meeting. Ekren said that the timing of the project was right after the mortgage crisis in the United States.<\/p>\n<p>Ekren also said that the government was planning to establish a development agency in Istanbul within this year.<\/p>\n<p>Istanbul is a city where 20 percent of Turkey&#8217;s total population is living of which population has been up by 10-folds since 1950 and almost 15 million people are residing.<\/p>\n<p>Ekren said that Istanbul was providing one-fourth of the gross domestic product (GDP), 38 percent of overall industrial income, more than half of services, and 40 percent of tax revenues.<\/p>\n<p>&#8220;Istanbul can be a financial, cultural and logistic center of Turkey, thanks to its unique geographical location; rich historical, cultural and architectural heritage; giant infrastructural investments; economic links with Europe, Asia and the Balkans; and relatively cheap labor force,&#8221; the minister said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkey discussed to turn Istanbul into a financial center on Thursday. Making Istanbul a financial center would contribute to development of not only this city, but also Turkey, Deputy PM Nazim Ekren said. \u00a0 &#8220;It will also help Turkey gain a global prestige,&#8221; Ekren also said in Istanbul Province Economic and Social Council Meeting. Ekren [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":110506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[102],"class_list":["post-1684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-turkey","tag-istanbul"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/1684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=1684"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/1684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/110506"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=1684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=1684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=1684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}