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Open Turkey Market For Foreign Investors - Turkey Property

: 2017-06-15 Modified date : 2019-04-09

Open Turkey Market For Foreign Investors - Turkey Property
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The head of the Chamber of Industry in Ankara, "Noureddine Ozdabir," in a statement about the new reform package for production, which will enter into force as soon as possible, said that the barriers to foreign investors to invest in Turkey have been lifted.

He said the government was determined to move forward to encourage more foreign investors to come to the country and added that the new reform package would allow ownership without paying taxes in the industrial areas, as well as the possibility of establishing real estate companies in these areas as well.

He pointed out that the issue of land’s conversion in industrial areas to public property and the possibility of establishing real estate companies in these areas, and adding them to the industrial areas are important to attract foreign investors to these areas.

He added that industrial areas will be more attractive to investors wishing to obtain profit returns rapidly, especially in the work of investments that can be accessed by the infrastructure and metadata of industrial cities.

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