Informatics Valley to open by May: Turkey

ANKARA (AA) - The first phase of Turkey's first "Informatics Valley" in Gebze in northwestern Turkey is due to go into service around May, Minister of Science, Industry and Technology Faruk Ozlu said.

Speaking exclusively to Anadolu Agency, Ozlu said that 98 percent of the construction of the valley's first phase has been completed.

"We will open the valley, which is being built on more than a 3 million-square-meter area, phase by phase," Ozlu said.

"After completing all the phases we aim to reach a turnover of $50 billion dollars per year and 5,000 R&D firms will operate within the valley," Ozlu added.

Ozlu said that once the first phase is completed, it will generate 2,000 jobs and this number would reach to 100,000 qualified people when all the phases of the valley become operational.

Stating that the district is an important industrial area of the country, Ozlu said that the Informatics Valley is the place for integrating technology into industry.