IFC - Istanbul Infrastructure Committee

Recent economic developments in Turkey carried the country and its main economic driver Istanbul to higher ranks among global economies. Istanbul has rich resources and the potential to compete with leading global financial centers. Raising awareness to this fact, a new vision is set for Istanbul in the 9th National Development Plan stating “Istanbul shall first become a regional financial center, and ultimately a global financial center”.

However, there is a need to invest in several subjects to make use of these potentials. Therefore, an organization including technical committees (and staff) is created with the announcement of the Prime Ministry Notice on May, 1 2010.

One of these technical committees is the Infrastructure Committee whose chairman is the General Secretary of Istanbul Metropolitan Municipality (IMM) Adem Baştürk. Duties of the Infrastructure Committee are defined as  “living standards, security and transport means shall be provided to meet the infrastructure needs of financial organizations” by the 16th priority of the Strategy and Action Plan for Istanbul International Financial Center which is published in the official gazette (nr. 27364) on Feb 2, 2009.

The Infrastructure Committee, thus, established 5 research groups to get professional support;

Transportation, Information and Communication Technologies (ICT), Energy
Clustering, Office, Housing
Disasters
Security
Education, Health

Duties 

Duties of the Infrastructure Committee are defined as “living standards, security and transport means shall be provided to meet the infrastructure needs of financial organizations” by the 16th priority of the Strategy and Action Plan for Istanbul International Financial Center which is published in the official gazette (nr. 27364) on Feb 2, 2009. This priority (priority 16) specifically indicates

(56) IFC-Istanbul Project will not concentrate on a specific site. In fact, all works across Istanbul for upgrading living areas, security and transport means, and qualities and standards of technology shall support the IFC-Istanbul Project as well.

(57) Building technologies that would minimize earthquake and safety risks shall be employed in areas where financial organizations will concentrate and employees will reside for the creation of necessary office spaces and housings; real estates investments incorporating new technologies shall be made to improve quality of living in the city.

(58) Within a transport master plan of at least five years, domestic and international connections to Istanbul shall be structured to provide effective and speedy transportation, urban transport projects (air, sea, land, rail systems) shall be completed; and particularly the airports and urban centers shall be integrated through various transport systems.

(59) Works shall be carried out in Istanbul to improve and develop health, education, recreation, accommodation and hospitality facilities to serve foreigners

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