The international defence industry fair (IDEF) managed by the Ministry of National Defense and Turkish Armed Forces Foundation (TAFF) welcomed 404 companies from 32 countries around the world. Canada was amongst the many countries, eager to trade with Turkey.
TUYAP Istanbul Exhibition Center hosted the twelfth IDEF exhibition this year which acts as a global marketing arena for companies working in the defence sector.
Close to 30 companies from Canada’s major cities participated in the fair were they drew great attention.
Genetec, a Canadian manufacturer of IP video surveillance, was one of the many participants present at the fair.
Genetec runs their security systems in major airports in North America, Europe, and the Middle East. Now, they are interested in providing a safety surveillance system for Turkey’s airports.
According to Genetec vice-president Ted Ghali, the Canadian surveillance manufacturer currently provides protection for many important monuments in Turkey such as the Topkapi Palace and the Hagia Sophia.
Ghali noted further that they also provided protection for the Muslim holy site of Mecca.
Vitaly Paroshyn, a consultant who is monitoring deal opportunities for Ontario province of Canada, is another aspiring investor who wants to build on relationships with Turkey. Paroshyn believes that "Turkey is a priority market for the Ontario government -- defence and security, a variety of advanced manufacturing goods, agricultural equipment machinery, agri-food products and industrial machinery."
According to the Turkish Defence Industry Undersecretary (SSM), Turkey has exported $1.6 billion worth of defence equipment varying from armoured vehicles, to rockets and electronic systems in 2014. By 2023 Turkey aims to export $25 billion worth of defence goods annually.