Turkish gov't to back exporters investing in technology
by Hazal Ateş
ISTANBULMay 20, 2016 - 12:00 am GMT+3
by Hazal Ateş
May 20, 2016 12:00 am
Turkish government has gone to the expense of the firms and exporters that will invest in technology. A TL 26.8 billion worth incentive document which will create employment opportunities for 50.000 people during the first four months of 2016 have been prepared.
Last week, TL 300 million worth premium payment was transferred to exporters once and for all. In order to attract intermediate and advanced technology investments, a new package is in progress including financing and land supports.
Stressing that attractive opportunities regarding the investments which would create leverage effect should be set forth, Economy Minister Mustafa Elitaş said jaw-dropping incentives for the intermediate and advanced technology investors were on the way, also adding that along with the Finance Ministry's last week payment, there were no pending payments left for the firms which would get support contributions.
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