Incentives and Supports
General and Regional Incentives
     >Purposes
     >Support measures
     >Supported Sectors According to Regions
     >Fixed investment amounts and minimum capacities
     >Application procedure
Grant Programs of Eastern Mediterranean Development Agency
     >Technical Supports
     >Financial Supports
 Supported Sectors According to Regions

SECTORS ELIGIBLE REGIONAL SUPPORT MEASURES

 MINIMUM INVESTMENT AMOUNTS AND CAPACITIES

Mining and quarrying investments (excluding 1st group minerals, stone chips and mining with royalty)

500 Thousand TL

Food and beverages production (excluding, subjects not to be supported as determined in Annex 4 and subjects determined in footnote 1 which are eligible to benefit from general Investment encouragement mechanism)

1 Million TL

 Integrated animal husbandry investments,(including breeding animal husbandry)

facilities 300 items/fattening
period
in the integrated bovine
husbandry facilities 500
items/fattening period
in the integrated ovine
husbandry facilities for
dairy and meat products
1000 items/fattening period
in the integrated poultry
husbandry facilities 200.000
items/fattening period

Greenhouse investments

20 decare

Aquaculture

500 Thousand TL

 Manufacturing of textile products (excluding
subjects identified in the footnote 2)

For textile finishing/coating
investments 15 Million TL.,
in other subjects capacity
expansion and
modernization investments
with a total cost exceeding 1
Million TL.

Wearing apparel manufacture

capacity expansion and
modernization investments
with a total cost exceeding 1
Million TL.

Suitcase, hand bag, saddler and footwear etc. Manufacture

1 Million TL

Multifunctional, nano-technological textile products

500 Thousand TL

 Paper and paper products manufacture

integrated paper production
facilities which must
include cellulose production
department

Manufacture of chemical substances and products

3 Million TL

Metal ware

3 Million TL

Land motor vehicle supplier industry

3 Million TL

Furniture manufacture (excluding furniture
manufactured only from metal and plastic)

3 Million TL

Hotels

three star hotels and above

Student dormitories

with a capacity of 100
students

Cold storage warehouse

1000 m2

Licensed warehousing

1 Million TL

Educational services (education of adults and
other educational activities are excluded)

500 Thousand TL

 Hospital investments, eventide home

Eventide home for 100
persons

Hazardous waste recycle and incineration
facilities

  

Excluding the investments which are deemed not to be supported and do not meet the required conditions as set forth in table 1 attached herewith, all investments over minimum fixed investment amount stipulated in title “fixed investment amounts and minimum capacities” may benefit from customs duty and value added tax (VAT) exemption regardless of the location of the investment.

In addition to the support measures mentioned in the above paragraph, the investments eligible for support measures provided for regional implementation may benefit from the following;



No incentive certificate shall be issued on behalf of the financial leasing company for investments to be realized through financial leasing companies. In case of failure of the investor to fulfill his obligations, sanctions imposed to machinery and equipments that are subject to leasing are partially or entirely applied to the financial leasing companies correspondingly.
The investment expenditures made before the date of application for incentive certificate shall not be included within the scope of the incentive certificate.

 

Industry

Minimum Investment
Amounts Above 50
Million TL
(Million TL)

1 1a 1b

   

Production of Chemical Substance and Products   

Production of Main Chemical Substances               

Production of Other Chemical Products

   

1.000

300

2

Production of Refined Petroleum Products

1.000

3

Investments in the Area of Transportation Services with Transit Pipe Line

4

Motorized Land Vehicle Manufacturing Investments

250

5

Railway and Tramway Locomotives and/or Wagons Production Investments

6

Port and Port Services Investments

250

7 7a 7b 7c                          7d

   

Electronic Industry Investments
LCD/Plasma Production Investments
Module Panel Production Investments
Laser Television, Three Dimensional Television and OLED Televisions and Similar televisions Production Investment Other Electronic Sector Investments

1.000

150

8

Medical Instruments, High Precision and Optical Devices Production Investments

9

Pharmaceuticals Production Investments

100

10

Aeronautical Vehicles and Spacecrafts Manufacturing Investments

11

Machinery Production Investments

12

Mining Investments for the ore processing facilities established for production of metal as end-product concerning IV/c group metallic mines stated in the Mining Law and investments for the mine production (extraction and processing) integrated to these facilities. (Except for the products included in the list annexed to the Turkey-ESCS Free Trade Agreement).
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