Project-based incentives for investments in 6 provinces

Project-based incentives for investments in 6 provinces

It was decided to grant project-based state aid for some investments in production facilities in Sakarya, Düzce, Kocaeli, Bursa, Gaziantep and Ankara.

The President’s decisions on the matter entered into force after being published in the Official Gazette.

Accordingly, the investment period of the advanced technology welding materials production plant of Gedik Welding Industry and Trade Inc. in Sakarya, which started on August 24, 2017, was determined to be 6 years.

The planned amount of fixed investment in the project is 903 million TL, the amount of additional employment is 309, and the planned amount of skilled personnel is 18.

DETERMINED TO BE 5 YEARS IN FERTILIZER

The investment period of the ammonia and urea fertilizer production plant, which was built by Istanbul Gübre Sanayii AŞ in Kocaeli and started on September 1, 2022, was determined to be 5 years.

The fixed amount of investment foreseen in the project was 9 thousand 403 million 917 thousand liras, and the number of additional jobs was 326. At the end of the investment, it is expected to produce 396 thousand tons of ammonia and 627 thousand tons of fertilizer urea per year.

PRODUCTION PLAN FOR 62 THOUSAND 500 AUTOMATIC WEAPONS

The duration of the investment in Sarsılmaz Silah Sanayi AŞ’s design production plant for ammunition, military rifles and semi-automatic pistols in Düzce, whose start date is June 1, 2022, has been determined at 5 years.

The fixed amount of investment planned in the project was 1,345,464,000 lire, the number of additional jobs was 286, and the number of qualified personnel planned was 35.

At the end of the investment, it is expected to produce 62,500 semi-automatic pistols and 5,100 military rifles annually.

The investment period of the Valeo Otomotiv Sanayi ve Ticaret AŞ Electric Compressor Production Plant, which was built in Bursa and whose start date is September 6, 2022, is estimated at 5 years.

The planned fixed investment amount in the project was 4.25 billion TL, the number of additional jobs was 600, and the number of qualified personnel was 30.

At the end of the investment, it is expected to produce 1 million 800 thousand electric compressors per year.

IN SOLAR PANELS INCREASED FROM 2.1 BILLION TL TO 3.7 BILLION TL

The duration of the investment in Polyteks Tekstil Sanayi Araştırma ve Eğitim AŞ’s polymer/chip and POY production facility in Bursa, whose start date is June 28, 2022, has been determined to be 4 years.

The fixed amount of investment foreseen in the project was 2 thousand 445 million 330 thousand liras, and the number of additional jobs was 250.

At the end of the investment, it is planned to produce 26,950 tons of recycled polymer/chips and recycled POY per year.

The investment period of the Merinos Halı Sanayi ve Ticaret AŞ Polymer/Chip Production Plant, which was put into practice in Gaziantep and whose start date is January 1, 2022, is planned to be 3 years.

The estimated fixed investment amount in the project is 3.672 million TL, the amount of additional employment is 285, and the number of skilled personnel is 15. At the end of the investment, it is expected to produce 367,500 tons of chips per year. polymer.

These investments, which are chosen to receive project-based state aid, will benefit from incentives such as VAT exemption and customs tax exemption.

On the other hand, the total fixed amount of investment in the photovoltaic solar panel production facility supported by Kalyon PV’s project-based state aid in Ankara was increased from 2.1 billion lira to 3.7 billion lira.

The number of jobs planned in the project was increased from 982 to 2,635, and the maximum support of qualified personnel was increased from 57 million lira to 100 million lira.

The Presidential Decision on the subject was also published in the Official Gazette. (AA)

Source: Sozcu

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