
AI-generated summary
While security concerns increase on global transportation routes, tensions in the Strait of Hormuz and the Russia-Ukraine War call into question the reliability of traditional routes. In this case, alternative and safer transportation routes are sought.
Uraloğlu spoke at the 'Changing Global Transport Geopolitics and Development Path Project Conference' organized by the Politics, Economy and Society Research (SETA) Foundation. Uraloğlu explained that developments such as tensions around the Strait of Hormuz and the Russia-Ukraine War created vulnerabilities, and countries began to look for safer, shorter, predictable and sustainable routes. Pointing out that Turkey's geographical and geostrategic superiority comes into play at this point, Uraloğlu said, "As a Turkey located in the heart of the Central Corridor, managing the Turkish Straits and building the Development Road, we clearly prove this both at the table and on the field: There is no corridor without Turkey."
70 thousand employment
Uraloğlu said that the Development Path aims to create a new trade and logistics corridor on the Asia-Gulf-Iraq-Türkiye-Europe line. Uraloğlu said, "For our country alone, we expect the project to contribute approximately 55 billion dollars to our economy in a 10-year period and to create employment opportunities for an average of 70 thousand citizens every year by positioning the production and logistics centers."
AI outlook — possibilities, not facts
The Development Road project will contribute approximately 55 billion dollars to the Turkish economy in a 10-year period.
Possible · Within years
The project will create employment opportunities for an average of 70 thousand citizens every year.
Possible · Within years

The Capital Markets Board stated that Tera Yatırım Holding AŞ did not fulfill its mandatory share purchase offer after gaining management control in Peker Gayrimenkul Yatırım Ortaklığı AŞ. The Board declared the voting rights of the relevant companies and funds frozen as of September 16, 2026 and decided that these shares would not be traded on Borsa Istanbul.

CMB Chairman Mahmut Sütcü resigned due to health problems and his term ended. At the same time, Deputy Minister of Treasury and Finance Osman Çelik also submitted a retirement petition to Mehmet Şimşek. Sütcü was appointed as the Chairman of the CMB on May 9, 2026, and Çelik was appointed as the Deputy Minister of Treasury and Finance on June 21, 2023.
With the decision published in the Official Gazette, Kutluhan Taşkın was appointed as Deputy Minister of Treasury and Finance. In addition, new appointments were made to the Revenue Administration and various presidencies, and the Heads of the Capital Markets Board and the Public Oversight, Accounting and Auditing Standards Authority were dismissed.

CMB Chairman Mahmut Sütcü resigned due to health problems and his term ended. Deputy Minister of Treasury and Finance Osman Çelik submitted a retirement petition. Sütcü was appointed on May 9, 2026, and Çelik started his duty on June 21, 2023.

According to the appointment decisions published in the Official Gazette, Kutluhan Taşkın, Deputy Chairman of the Strategy and Budget Directorate, was appointed as Deputy Minister of Treasury and Finance. On the same day, Capital Markets Board (CMB) Chairman Mahmut Sütcü and Public Oversight, Accounting and Auditing Standards Authority (KGMD) Chairman İbrahim Ömer Gönül were dismissed.

According to the decisions published in the Official Gazette, Kutluhan Taşkın was appointed as Deputy Minister of Treasury and Finance, Mahmut Sütcü was dismissed from his post as Chairman of the Capital Markets Board, and İbrahim Ömer Gönül was removed from his position as Chairman of the KGK. In addition, Şinasi Candan was appointed as the Head of Revenue Administration and new appointments were made in four different positions.