Investments in seismic isolation supports and transmission columns for earthquake damage prevention and investments in epoxy prediction ropes for building reinforcement were included in the state aid investment decision.

In accordance with the President’s decision, which is included in today’s edition of the Official Gazette and which modifies the decision on state aid in investments, the production of carrier columns and transmission columns made of vulcanized rubber, investments of coated forecast ropes of epoxy for seismic isolation devices and reinforcement of the structure, are priorities within the scope of the decision on state aid for investment included in the investment themes.

With another regulation made in the decision, it was decided that no allocation of space will be made for investments in electricity generation within the scope of the decision on state aid for investment.

INVESTMENT INCENTIVE DOCUMENTS EXTENDED FOR 3 YEARS IN THE REGION

According to the temporary article added to the decision, the investment incentive certificates issued for investments in the earthquake-affected provinces of Adana, Adıyaman, Diyarbakır, Elazığ, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Osmaniye and Şanlıurfa and in the city of Gürün in Sivas it will be considered extended for 3 years without any request.

This provision can be applied together with the provision that provides for an additional term of up to 2 years for investment incentive certificates within this scope, which is included in transitory article 14 of the resolution, if requested, to complete the investment.

If an application is submitted until December 31, 2024 in the scope of said incentive certificates; If repayment obligations in respect of loans used for investment financing and finance lease loans are not met from the March 2023 period to the March 2025 period, no action will be taken to indicate that they are not met. the obligation to repay.

If this obligation is fulfilled after the payment dates, the alimony payment will be made assuming that the obligation has been fulfilled on time. The refinancing loan that is used for the collection and liquidation of the remaining portion of the loan used will not be considered as an additional loan. (Reuters)