TECHNOLOGY DEVELOPME
Sector: Manufacturing (Industrial) • Location: Turkey
Source: World Bank Group
The strategy of the government of Turkey for industrial technology development (ITD) has been to support firm-level productivity growth within competitive markets through: (a) investing in the Metrology, Standards, Testing and Quality System (MSTQ); (b) funding research and development activities; and (c) strengthening the framework for capital market activities. Despite gains made in these three
- Status
- Closed
- Sector
- Manufacturing (Industrial), Commercial, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The strategy of the government of Turkey for industrial technology development (ITD) has been to support firm-level productivity growth within competitive markets through: (a) investing in the Metrology, Standards, Testing and Quality System (MSTQ); (b) funding research and development activities; and (c) strengthening the framework for capital market activities. Despite gains made in these three areas, weaknesses persist constraining the performance of the Turkish economy. The project therefore has three components. The first component will bring the MSTQ system to standards by: (a) capacity building in the key public sector institutions; and (b) fostering private participation in the system. The second component finances a foundation that will use seed capital to catalyze private sector investment in ITD (especially applied research). The third component aims to develop a venture capital industry by: (a) establishing a legal and regulatory framework; (b) rationalizing the tax treatment of venture capital funds; and (b) financing a role model venture capital fund and management company. |
Original sector | FY17 - Public Administration,FY17 - Social Protection |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Manufacturing (Industrial), Commercial, Government |
Article published date | 2025-12-17 |
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