Ankara - Economy

Economy

Historically, the production of Mohair from the Angora goat, and Angora wool from the Angora rabbit, have been an important part of the city's economy. These fabrics have been exported from Ankara to Europe and other parts of the globe for centuries.

The Central Anatolia Region is one of the primary locations of grape and wine production in Turkey, and Ankara is particularly famous for its Kalecik Karası and Muscat grapes; and its Kavaklıdere wine, which is produced in the Kavaklıdere neighbourhood within the Çankaya district of the city. Ankara is also famous for its pears. Another renowned natural product of Ankara is its indigenous type of honey (Ankara Balı) which is known for its light colour and is mostly produced by the Atatürk Forest Farm and Zoo in the Gazi district, and by other facilities in the Elmadağ, Çubuk and Beypazarı districts.

Ankara is the center of the state-owned and private Turkish defence and aerospace companies, where the industrial plants and headquarters of the Turkish Aerospace Industries, MKE, Aselsan, Havelsan, Roketsan, FNSS, Nurol, and numerous other firms are located. Exports to foreign countries from these defence and aerospace firms have steadily increased in the past decades. The IDEF in Ankara is one of the largest international expositions of the global arms industry. A number of the global automotive companies also have production facilities in Ankara, such as the German bus and truck manufacturer MAN SE.

A large percentage of the employment in Ankara is provided by the state institutions; such as the ministries, undersecretariats, and other administrative bodies of the Turkish government. There are also many foreign citizens working as diplomats or clerks in the embassies of their respective countries.

Read more about this topic:  Ankara

Famous quotes containing the word economy:

    The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.
    Ralph Waldo Emerson (1803–1882)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)

    Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.
    Ralph Waldo Emerson (1803–1882)