FDi Magazine, published by the Financial Times and providing up-to-date information to investors by monitoring foreign investments on a global scale, announced the results of the “Renewable Energy Investment Regions in Europe in 2020” survey. Accordingly, leading countries in the field of clean energy were evaluated in two categories: the number of foreign investment projects
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incentive
March 26, 2020
HUGE SUPPORT FOR RENEWABLE ENERGY IN JANUARY
2 billion 834 million 320 thousand liras incentive supports were given for the power plants generating electricity from renewable energy sources in Turkey. Turkey, who wants to use local and renewable energy sources in the energy portfolio at the maximum level, is applying electricity purchase guarantee per kWh obtained from sources like wind, hydroelectric, geothermal,
January 23, 2020
TELECOMMUNICATION DEVELOPMENTS IN TURKEY
Vodafone Turkey Top Manager (CEO) Colman Deegan, paved the way of investments, the promotion of investment climate and commissioning of new incentives in this area in Turkey, stating that the candidate to be leader of the telecommunications industry, ” in 13 years in the Turkish market we have done a 21 billion over investment. Turkey
October 10, 2019
TURKEY GERMAN INVESTMENT RELATIONS
The German automotive giant Volkswagen founded Volkswagen Turkey Automotive Industry and Trade Inc. based in Manisa. The capital of the company was determined as 943.5 million pounds. Volkswagen is expected to decide whether to invest in Turkey, Manisa, Turkey established based unit. According to the information in the Trade Registry Gazette, the company’s name was
August 29, 2019
TURKEY TO PLAY BIG IN WIND AND SOLAR ENERGY SECTOR
Developments in the field of renewable energy sources all over the world have created a very competitive environment on the production side of the sector. With the incentives they give in renewable energy, states are trying to attract wind turbines and solar panels production facilities to be installed in giant power plants. Private companies are
April 18, 2019
TURKISH GREENHOUSE SECTOR IS REACHING WORLD LEVEL
A new credit package was introduced, which included increasing the agricultural production in greenhouses, establishing new greenhouses, introducing greenhouses to the economy and modernizing existing greenhouses. Hüseyin Aydın, General Manager of Ziraat Bank, said that they would lend more to the operating expenses of the producers with the package they prepared and they would apply
August 8, 2018
BEST INVESMENT AREAS IN TURKEY IN 2018
Let’s have a close look to the best investment areas in Turkey according to the 2018 investment conditions. Right now the most interesting investment sectors are in Turkey are construction, clothing, food and tourism. Construction sector is growing every year 1,5-2% above the Turkish GDP growth. The size of the investment have no much importance
July 19, 2018
SME SUPPORTS FROM TURKISH GOVERNMENT
KOSGEB, the Presidency of the Administration for the Development and Support of Small and Medium Size Companies, is carrying its activities under the Ministry of Science, Industry and Technology, established in 1990. The aim is to increase the impact of small and medium-sized enterprises and the share of industry in order to meet social needs
March 22, 2018
RENEWABLE ENERGY INCENTIVES COORDINATING WITH EU
Renewable energy grants will continue to gain momentum in these condquarter of 2018, but many renewable energy grant schemes, particularly solar energy incentive credits to energy investments, will continue to contribute to the development of potentials for energy sector investors, particularly SMEs. Grants and credits given to GES investments in our country through the TKDK
February 23, 2018
TURKISH BRANDS GROWING ABROAD
In the previous post we gave information about the Turquality program. Let’s look at the detailed information about the beneficiaries of this program and the Turkish firms that have opened stores abroad. LC Waikiki has recently become one of the most popular brands for Arab tourists. Rapidly increasing the number of stores in Turkey, LC
October 3, 2017
TURKEY’S 2017 ECONOMY IMPROVEMENT
According to the datas from Turkish Statistics Institute, regarding the GDP as a chained volume index, it has increased 5,1% in the second quarter of 2017 comparing to the previous year’s second quarter. The increase was slightly below expectations of economists, at 5.3 percent. When looking into the datas in detail, we can see the
July 28, 2017
TOURISM IN IRAN
Iran is ready to develop tourism sector within the next 8 years. The aim is increasing tourist number of visitors from 4.8 million to 20 million until 2025. Even considering the embargo from US, EU and UN, people coming all around the world left 6.5 billion USD in Iran. Tourists spend 1.355 USD per person.
June 9, 2017
INVESTMENTS- TURKEY IRAN
After the withdrawal of the embargo, especially the Western countries are focusing on Iran, and in that new scenario Turkey has the a big chance. It is mentioned that Turkey and Iran can collaborate together to do business in 3rd countries. There are many businessmen planning bilateral visits and most of them end up with
August 25, 2016
New investment incentive system in Turkey aims to attract foreigners
The government plans to establish a new incentive system to attract foreign investment to Turkey, Development Minister Lütfi Elvan said Thursday. With the new system, a project-based support mechanism will be created. Speaking to Anadolu Agency, the minister also added that after negotiation by the Economy Ministry with any firm wanting to invest in Turkey,