Bureau of Economic and Business Affairs
May 3, 2012

Topic: New Turkish Investment Incentives

Host: Ambassador to Turkey Francis Ricciardone

Special Guest: Deputy Director General of Investment Incentives & Foreign Direct Investment Murat Alici

Date, time, time zone for call: Thursday, May 3, 2012; 10:00 a.m. EDT / 5:00 p.m. Ankara

Brief description of call: Deputy Director General Alici will explain Turkey’s new investment incentives that were announced April 6, which focus on five areas:

  1. More attractive tax credits for investors
  2. Incentivizing based on economic need rather than geographical location
  3. Revising the list of sectors requiring incentives
  4. Supporting investment in the following priority strategic and high-tech sectors:
    • transportation (particularly rail and sea/sea ports)
    • mining
    • tourism
    • primary, secondary, and high school education
    • pharmaceuticals
    • defense
  5. Increasing support mechanisms for Turkey’s least developed regions

Participants will have the opportunity to pose questions directly to Ambassador Ricciardone and Deputy Director General Alici during the Q&A portion of the webinar.

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