At the first presidential summit of defense industries convened in Ankara on Dec. 12-13, Turkish President Recep Tayyip Erdogan said he believes an increased injection of the private sector into the defense industry through privatization is a key to success.
One week after this statement, a new decree was signed by Erdogan that includes Turkey's Tank and Pallet Factory in the country's northwestern province of Sakarya in the scope of a 25-year privatization program. The program aims at an efficacious use of resources in the national defense industry and at raising the operational efficiency of the factory.