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Monday, March 06, 2006

Factories Giving Turkey a Boost - Los Angeles Times

"Factories Giving Turkey a Boost
Firms' growth is helping the nation recover and gain a footing in the world economy.
By Vincent Boland, Financial Times
March 6, 2006

ANKARA, Turkey — Just outside Gaziantep, a city of about 1 million people in southern Turkey, industrial parks sprout from the main road that leads west to Adana and the Mediterranean. Some 150,000 people work there in factories making everything from carpets to chocolates. Much of what these plants produce is bound for export markets: a huge container terminal lies nearby.

Exactly five years after an economic collapse that brought the country to the brink of defaulting on its huge debts, Turkey is finding its entrepreneurial feet again, especially in regional centers such as this city."

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