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Netherlands, Turkey To Share Aviation Sector Expertise

by Ulrika Lomas, Tax-News.com, Brussels

15 November 2012


The Dutch Minister for Foreign Trade and Development Cooperation, Lilianne Ploumen, has signed a Memorandum of Understanding (MoU) with the Turkish government to enhance cooperation between the Dutch and Turkish aviation sectors in the field of research and innovation.

This is the first MoU signed by the new Dutch government, to foster stronger economic ties between Turkey and the Netherlands. The agreement promotes collaboration in projects and ventures in the aviation sphere, and knowledge-sharing and joint training exercises between the two nations' industries.

The Dutch aviation industry provides 16,000 jobs and has a turnover of EUR2.5bn (USD3.2bn). Two-thirds of this amount comes from maintenance and repairs and the remaining third from production. The sector consists of 90 specialized small and medium-sized companies, along with major players like Fokker, KLM Engineering and Maintenance, and world-class research institutions like the National Aerospace Laboratory of the Netherlands at Delft University of Technology.

The MoU was signed during a recent trade mission by a Dutch delegation to Turkey, which involved over 85 companies. Turkey is an important country for the Netherlands in economic terms. There are 2,000 Dutch companies in Turkey, and over the past six years they invested EUR15bn in Turkey, making the Netherlands that country’s third largest investor.

TAGS: aviation | Aerospace

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