INVEST IN ADANA

Economy

Adana is one of the first industrialized cities, as well as one of the economically developed cities of Turkey. A mid-size trading city until the mid-1800s, the city attracted European traders after the major cotton supplier, United States, was embroiled with its Civil War. Çukurova farmers exported agricultural products for the first time and thus started building capital. By the start of the 20th century, factories almost all processing cotton, began to operate in the region. Factories were shut down and the economy almost came to a standstill in 1915, after the deportation of Armenians who ran most of the businesses in the city. Foundation of the republic, again accelerated the growth of industrialization by re-activation of closed plants and opening of state-owned ones. With the construction of Seyhan Dam and improvements in agricultural techniques, there was an explosive growth in agricultural production during the 1950s. Large-scale industries were built along D-400 state road and Karataş road. The service industry, especially banking, developed during this period.[31] Rapid economic growth continued until the mid-1980s and was accompanied by the rise of capitalistic greed which attracted movie makers to the region, filming income inequalities and the abuse of wealth.