ICI Assembly Talked About ICI 500 and Turkish Economics

• 28.08.2019
• News

İstanbul Chamber of Industry (ICI) August Ordinary Meeting was held in Odakule Fazıl Zobu Assembly Hall with the main agenda of "Current Situation and Future Perspective of the Industry in the light of ICI 500 Major Researches" on 28 August 2019. Dr. Şeref Oğuz, the Journalist, Hakan Güldağ, the Journalist, Ferda Besli, from Besfin Consultancy and Economist Dr. Can Fuat Gürlesel participated in the meeting in a panel format directed by Ayhan Yavrucu, Vice President of Assembly.

Drawing attention to the fact that any efficiency increase cannot be ensured in both global economy and in Türkiye in the recent years, Erdal Bahçıvan, Chairman of Board of Directors of İstanbul Chamber of Industry (ICI) said that: "However, efficiency is the key of growth and competency in the global scale and the significant indicator of efficiency quality." Bahçıvan stated that: "ICI 500 Major Researches has shown that any superiority cannot be ensured in the international competition without investing in science and technology. Therefore, we have to realize efficiency transformation in the sectors which are of high added value and critical significance for our country."

Ayhan Yavrucu,
Vice President of Assembly

ICI August ordinary Assembly meeting was launched by Ayhan Yavrucu, Vice President of ICI Assembly. Following the opening speech, Yavrucu invited Erdal Bahçıvan, the ICI Chairman of Board of Directors to the rostrum to make his speech on the agenda. Bahçıvan stated that setting superiority in the international markets and increasing the prosperity level without investing in science and technology in today's world. Bahçıvan recorded that when taken into consideration the global economy, another fact is that the resources will continue to be restricted for the developing countries like Türkiye and realizing progress is not of high possibility with the current production structure and model.

Stating that they have various significant goals such as using the available resources in a more rational and effective way, increasing the innovation capacity of our industry, investing in technology and R&D in a more intense level, adopting high added value production structure, creating educated and qualified labor force, Bahçıvan expressed that another goal which has the same priority level with such goals is the efficiency.

Drawing attention that they cannot ensure increase in the efficiency in both global economy and in our country in the recent years, Bahçıvan stated that the efficiency which is the key of long-run growth and competition capacity in the global scale is the indicator of the productivity quality. Telling that better technologies, better organizations and better ideas lay the foundation of the increase in the productivity, Bahçıvan underlined that making difference and creating ecosystem by focusing on the fields to create added value through interdisciplinary integrated approach and working environment, rather than the sectors on their own inti the 21st century.

Bahçıvan expressed that we have to produce our own products in our own business facilities, with our own SMEs, through our own healthy finance and with our own human resource in the sectors which are of high added value and vital significance for Türkiye in the following term; and realize the transformation to enable us to take higher shares out of the world market.

And Bahçıvan continued:

"21st Century brings the need of major changes in the production and industry sectors just as it does in other various fields. Production and industry understanding of this century differs from those of previous centuries. As the competition increase day by day, fortunately, industrialism gains importance thoroughout the world with a new generation understanding. On the other hand, the understanding that the most stable and qualified contribution for a sustainable economical growth can be made by the industry is getting approved commonly. We have a strong faith that our all industrialists will prepare themselves for such transformation and I would like to express especially that as İstanbul Chamber of Industry, we will provide any support for them from now on as we have done so far.

A panel which was chaired by Hakan Güldağ, Journalist was held with the participation of Şeref Oğuz, Journalist, Ferda Besli from Besfin Consultancy and Economist Dr. Can Fuat Gürlesel following the speech of Bahçıvan. Panelists replied the questions directed by ICI Assembly Members following the panel where the ideas were shared on the out comes of the ICI 500 research.