President Erdoğan: Issues in the Fund Market Have Been Brought Under Control
President Erdoğan stated at the TIM Innovation Week that operations in the fund market have been brought under control and $10 billion will be channeled into technology investments.
President Recep Tayyip Erdoğan made important evaluations regarding developments in the fund markets and technology infrastructure projects during his speech at the 13th TIM Innovation Week.
Innovation Week Speech
President Recep Tayyip Erdoğan shared Turkey's vision for technology and innovation during the program held within the scope of the 13th TIM Innovation Week. The announcements comprehensively addressed the country's future technological goals and the steps to be taken.
Measures Taken in the Fund Market
It was announced that the problems experienced in the fund market have been brought under control with decisive steps taken starting from September 17. It was stated that the Fund Coordination Board was established to resolve investor grievances and that payments have begun for the funds whose liquidation was decided.
Technology and Infrastructure Investments
It is aimed to mobilize a resource of 10 billion dollars, led by the private sector, for data center, cloud computing, and artificial intelligence infrastructures. Meanwhile, Atatürk Airport has been transformed into a major technology hub under the brand Terminal İstanbul.