? Another Novelty in Turkish Organized Industrial Zones (OIZs) Practice: Ordnance OIZs Underway | Guzeloglu Attorneys at Law
Date : 31/10/2017

Another Novelty in Turkish Organized Industrial Zones (OIZs) Practice: Ordnance OIZs Underway

In accordance with the Law No:4562, which portrays an investor-friendly picture by conferring powers and privileges on the Turkish OIZs; it is evaluated that Ordnance OIZs, a specialized OIZ, will take one-stop shop position of OIZs to a better and farther position.
Abdülkadir Güzeloğlu

For Turkey's first Ordnance OIZ, which is to be located and built on 500 acres of land in Kırıkkale, among the most important cities in the nation’s ordnance and weapon production establishment, land allocations procedures have been initiated pursuant to Law No:4562 on Organized Industrial Zones.

As the current financial capacity of the Ordnance OIZ eyes to a TRY 20.000.000 threshold, investing entrepreneurs may benefit from incentive scheme that is attached as 5th region, despite the said land which possessed by the Mechanical and Chemical Industry Company is located in the 4t
Author: Abdülkadir Güzeloğlu
Relevant Fields: Corporate Law and Commerce, Organized Industrial Zone Law,