Ankara, Turkey, 11 February 2020 – A high level interactive workshop was held in the Turkish capital city of Ankara on Tuesday hosted by the Islamic Development Bank (IsDB) Group Regional Hub Turkey and IsDB’s Global Value Chain (GVC) Section of the Department of Strategy and Transformation (DoST). The objective of the Workshop was to present the Preliminary GVC Analysis as part of the process of developing the new Member Country Partnership Strategy (MCPS) for Turkey.

In his opening remarks, Regional Manager of the IsDB Group Regional Hub, Mr. Salah Jelassi, elaborated on the IsDB Group President’s 5-year Program (P5P) to transform the Bank to fit into a new development agenda through four core pillars of Public-Private-Partnerships (PPPs); Science, Technology, and Innovation (STI); Global Value Chains (GVCs); and Islamic Finance. He then referred to Turkey as an important and leading IsDB Member Country with a sound record of economic growth and development over the last decade which is already well integrated into GVCs. “We believe IsDB Group’s approach is fully aligned with the Government of Turkey’s development priorities as highlighted in the country’s 11th National Development Plan which aims to unleash the nation’s potential by ensuring transformation of value chains and industrial production to be more competitive and connected to global markets.”

Another key note speaker at the event was Mr. K. Cagatay Imirgi, Director General at Turkey’s Ministry of Treasury and Finance who said: “the GVC approach that IsDB Group is currently working on will contribute to great achievements in the future and I hope the positive cooperation between Turkey and IsDB Group would reach even higher levels and is replicated in other Member Countries”.

Three major presentations on Turkey’s automotive, agriculture, and textile sectors featured at the workshop by Dr. Mohammed Faiz Bin Shahul Hamid, Head of the Global Value Chain Section, IsDB; Dr. Mustafa Yagci and Mr. Ahmet Enes Demirhan, Senior Global Value Chains Specialists, IsDB.   

Nearly one hundred representatives from twenty seven major relevant ministries and organizations active in or overseeing the different financial, industrial, energy, and agricultural sectors attended the event amongst them those from the Presidency of Strategy and Budget of the Presidency of the Republic of Turkey; Investment Office of the Presidency of the Republic of Turkey; Central Bank of the Republic of Turkey as well as Ministries of: Treasury and Finance; Health; Transport and Infrastructure; Trade; Energy and Natural Resources; Agriculture and Forestry; along with TIKA; TUBITAK; Iller Bank; TOBB, KIZILAY, Turk Eximbank; TCDD; TYKB; ATO; ASO; and ISO.