about istanbul

about istanbul

The Fifth International Conference on Research in Engineering ,Science and Technology will be held at the Istanbul Zaim University, in Istanbul- Turkey on March 01, 2017. Istanbul is the largest city in Turkey. It is the country’s financial and cultural center. The city is located at the Bosphorus and the Marmara Sea. The Bosphorus divides Europe from Asia. Istanbul is the only metropolis in the world that is located on two continents. The natural harbor known as the Golden Horn or Halic is located in this city. In 2010, Istanbul was selected as the European Capital of Culture.

Due to its location as an international junction of land and sea trade routes, Istanbul has always been the center of the country’s economic life. It employs nearly 20% of Turkey’s industrial labor and contributes 38% of the country’s workspace. Furthermore, Istanbul generates 55% of Turkey’s trade, 45% of the country’s wholesale trade, as well as 21.2% of Turkey’s gross national product. The city contributes 40% of all taxes collected in Turkey and produces 27.5% of the country’s national product. By 1980, Istanbul had an average annual GDP growth rate of 5%.

Istanbul is the industrial center of Turkey. Most of Turkey’s major manufacturing plans are located in the city. Istanbul and its surrounding provinces produce cotton, fruit, olive oil, silk, and tobacco. Food products, textile production, oil products, rubber and metal products, leather, chemicals, electronics, glass, machinery, paper and paper products are the main industrial products of the city.

Tourism is among the major perspectives of Istanbul’s economy. There are thousands of hotels and other tourism related industries in Istanbul that provide professional services to visitors and tourists.


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