Investments in port and storage facilities will be strategically supported

The decision of the President, who made arrangements in the decision on state aid for investment, was published in today’s edition of the Official Gazette.

According to the decision, it can be decided to strategically support investments in ports and storage facilities worth at least TL 3 billion in industrial zones. In these investments, an incentive certificate will be issued without requesting the evaluation of the commission provided for strategic investments.

REGULATION IN DECISION ARTICLES

The resolution eliminates the section on the “advance loan with investment commitment” of article 11 and section 9 on the conversion of incentive certificates for hotel investment in the general system of incentives included in article 24 of the resolution which determines the provisions relating to investment loans to be granted to support investments in the scope of the decision were repealed.

Transitory article 8 of the resolution regarding the refund of VAT, corporate tax or reduction of income tax on building construction expenses to be carried out between January 1, 2017 and December 31, 2024 was also modified. , in the field of investment incentive certificates issued for the manufacturing industry. repealed (BRITISH AUTOMOBILE CLUB)