Turkey Seeks Help In Rail, Ship Sectors

New Delhi, Sept 17: | Updated: Sep 18 2003, 05:30am hrs
The idea of India and Turkey taking the lead in setting up of an Euro-Asian economic union has been mooted during meetings of industry from both the countries in Turkey. The Turkish government is also seeking Indian help in upgrading its railways infrastructure and shipbreaking industry.

This was disclosed by Confederation of Indian Industry (CII) deputy director general N Srinivasan to FE over telephone from Ankara in Turkey. He is a part of the business delegation currently coinciding with Prime Minister Atal Bihari Vajpayees visit to Turkey.

The delegation met the Turkish minister for transport who also handles communications and information technology (IT), said Mr Srinivasan. He said they were expanding their railway infrastructure, and Indian expertise could be of great value. Indias help has also been sought in developing Turkeys shipbuilding industry.

During the meeting with the minister, it emerged that the two countries could contribute their complementary strengths to develop vessels with maritime surveillance and security capabilities. This is a major opportunity area for India with its strengths in software and systems. The minister also pointed out to Indian companies playing an active role in developing Turkeys IT infrastructure, he added.

Mr Srinivasan also spoke about a meeting between Indian business delegation and Turkeys largest NGO, ASAM, a think tank on economic and business matters. Presentations were made to the Indian side on various issues including Turkey and its relationship with the European Union and the evolving situation in the Middle East. A key element that emerged was that India and Turkey could play an important role in the evolution of a Euro-Asian Union, with free trade arrangements within the region, he added.

CII has also signed a MoU with the Union of International Contractors of Turkey. The latter represents 138 of the best known Turkish companies with construction and erection experience in the international markets. The MoU entails sharing of experiences with one another, and exploring opportunities of collaborating for projects not only in India and Turkey but third countries too, said Mr Srinivasan.

Turkish companies are known for developing infrastructurally strong townships. India is seeing the phenomena of such townships emerging like Gurgaon and Noida near Delhi. With highways development in full swing in India, companies from both countries can collaborate in both roads and township development.