CLIENT ALERT

October 2019
   

 

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Authority of Assignments of State Aid for Foreign Investments Has Been Transferred to the Minister Of Industry and Technology

The amendment decision of the Presidency on granting project-based state aid to the investments has been published in the Official Gazette. According to the decision, published on 02.10.2019 at the Official Gazette, the Minister of Industry and Technology will be authorised to sign a private investment project with foreign investors as defined in the Law on Foreign Investments with respect to new investment projects and investment projects with a fixed investment amount of 5 billion TL.


For further information, you may refer to:

http://www.resmigazete.gov.tr/eskiler/2019/10/20191002-2.pdf