Economy and Business Meeting Held in Trabzon

Serdar HocamAuthor & Editor

Trabzon's growth potential in tourism and industry, as well as financing issues, were discussed at a business meeting held in the city.

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Trabzon’da turizmin katkısı arttı, sanayi ivme kazandı, kent katma değere yöneldi

At the event held in Trabzon in partnership with QNB Türkiye, Ekonomi Gazetesi, and Bloomberg HT, the city's economic potential, industrial initiatives, developments in tourism, and access to financing were discussed.

QNB Business Meetings in Trabzon

Trabzon was the venue for the QNB Business Meetings series, realized in cooperation with QNB Türkiye, Ekonomi Gazetesi, and Bloomberg HT.

A large number of representatives from the business world attended the meeting held at the Ramada Plaza by Wyndham Trabzon.

Regional Evaluations by Ömür Tan

QNB Türkiye General Manager Ömür Tan stated in his speech at the program that Trabzon has gained serious momentum in industrialization and tourism in recent years.

Tan also stated that year-end exchange rate expectations are around 52 TL, and they project this figure to reach the levels of 61-62 TL by the end of 2027.

Problems in Access to Financing

Trabzon Chamber of Commerce and Industry Chairman Erkut Çelebi emphasized that the biggest problem of the real sector is access to financing.

It was pointed out that high interest rates negatively affect the investment and production capacities of businesses.

New Projects and Added Value

Erkut Çelebi conveyed that Trabzon wants to turn towards value-added technology products alongside its traditional assets such as hazelnuts, tea, and aquatic products.

It was stated that efforts are ongoing with the municipality to establish a specialized Organized Industrial Zone (OIZ) for salmon processing and for the Investment Island Industrial Zone.

Market and Exchange Rate Expectations

Bloomberg HT Editor-in-Chief Açıl Sezen stated that the exchange rate could remain at targeted levels provided households do not turn to foreign currency.

EKONOMİ Gazetesi Chairman of the Board Hakan Güldağ noted that liquidity problems caused by high interest rates weaken the resilience of companies.