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Istanbul
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Turkey |
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Istanbul or formerly known as Constantinople is one of Turkey’s most populous city. The financial centers and cultural centers are located there as well. The city of Istanbul has over 25 districts in the Istanbul Providence. Istanbul is the only city that actually sits on two continents both Europe and Asia. The city is situated in the Marmara Region and encloses the district of Bosporus by doing that it makes the city part of two continents. If you look back through history it will show that Istanbul is the country’s economic life line because of its international junction of the land and water trade routes going through the city.
Istanbul is known as the industrial center of Turkey. The city alone employees about 20 percent industrial labor and does contribute 38 percent of Turkey’s industrial workspace. Istanbul and its provinces help produce cotton, fruit, olive oil, silk and tobacco. There are food processing plants, textile productions and a wide variety of other products such as oil, rubber, metal, leather, chemicals, electronic, glass, alcoholic drinks and paper. These account for the cities major industrial items. Pharmaceutical companies began operating in Istanbul in 1952 and currently there is over 134 companies producing for the city.
Financially, Istanbul is the financial capital of the country. In the late 90’s the economic future of Turkey and its largest city was uncertain. In July 1997, the Asian financial Crisis occurred and then the Crisis in Russia in 1998 and 1999. The city and the rest of the country began to slowly climb back up into the financial hub and now it is one of twenty of the largest economic countries in the world.
Tourism in Istanbul is one of the largest tourist spots in Turkey. Today there are literally thousands of hotel in Istanbul that provide for both the vacationing people as well as business people. Transportation is very accessible. It has two international airports; the bigger one is the Ataturk International and the Sabiha Gokchen Airport. You can also get around with railroads. The Turkish State Railways has the Sireci Terminal and is used on all sides of European side of the city. There are trains you can take to see the other bordering countries such as Greece.
The Haydarpasa Terminal services the Asian side of the city. There is work being done right now on the Marmaray project which should reach completion in 2009 and will connect to the metro system. In addition to trains there are also 3 major motorway connections to get you around the city. There are also 2 expressways surrounding the city.
The port of Istanbul is probably the most important port in the city. The old port at the Golden Horn is mainly used for personal navigation meaning personal use. There are some regular cruises that use the ports of Piraeus in Greece and the Greek Islands, Venice, Naples Italy but the port of Istanbul is crucial to the city. |
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