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Turkish government finalizes project-based incentive scheme

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/12/2017 (15:38)
According to media reports, Turkey’s Economy Minister Nihat Zeybekci stated that the government is preparing to announce an investment of around 70 billion TL (around $18 billion).

As part of the project-based incentive scheme laid out by the government, the research on possible investment projects is expected to be concluded by the end of December and the investors will be granted a certificate of investment incentive upon receiving approval from the Council of Ministers.

The media reported that 13 potential investment projects have been finalized and several new investment proposals are currently under evaluation by the Ministry.

The investment incentive plans are expected to come into effect by 2018.
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