Turkey’s Investment Incentives scheme is specifically designed to foster investments with the potential to reduce dependency on the import of intermediary level goods vital to the country’s strategic sectors. Primary objectives of the new investment incentives scheme are as follows:
reduce the current account deficit, boost investment support for lesser developed regions, increase the level of support tools, promote clustering activities, and support investments that will enable technology transfer.

4 MAIN SCHEMES FOR INCENTIVES

Effective as of January 1, 2012, the new investment incentives system sets out the following four schemes: for use by local and international investors:

1. General Investment Incentives Scheme
2. Regional Investment Incentives Scheme
3. Large-Scale Investment Incentives Scheme
4. Strategic Investment Incentives Scheme

1- GENERAL INVESTMENT INCENTIVES SCHEME

Regardless of the investment locality, all projects meeting both the specific capacity conditions and the minimum fixed investment amount are supported within the framework of the General Investment Incentives Scheme. Some types of investments are not eligible for the investment incentives system and would not benefit from this scheme.

The minimum fixed investment amount isTRY1 million in Region 1 and 2, and TRY 500,000 in Regions 3, 4, 5 and 6. Major investment incentive instruments are:
* Exemption from customs duties: Customs tax exemption for imported machinery and equipment for projects with an investment incentive certificate.

* VAT exemption: VAT exemption for imported or domestically purchased machinery and equipment for projects with an investment incentive certificate.

The supportinstrumentsto be provided within the framework of the various investment incentives schemes are shown in the following table:
*Provided that the investment is made in Region 6.
**Provided that the investment is made in Regions 3, 4, 5 or 6 within the framework of the Regional Investment Incentives Scheme.
***For construction expenditures of strategic investments with a minimum fixed investment amount of TRY 500 million.

2- REGIONAL INVESTMENT INCENTIVES SCHEME

The sectors to be supported in each region are determined in accordance with regional potential and the scale of the local economy, while the intensity of support varies depending on the level of development in the region.

The minimum fixed investment amount is defined separately for each sector and region with the lowest set at TRY 1 million for Regions 1 and 2, andTRY500,000 for the remaining regions.

The terms and rates of support provided within the Regional Investment Incentives Scheme are shown in the following table.


3- LARGE-SCALE INVESTMENT INCENTIVES SCHEME
12 investment topics that have potential to foster Turkey’s technology,
R&D capacity and competitiveness are supported by Large-Scale Investment Incentives Scheme instruments.

4- STRATEGIC INVESTMENT INCENTIVES SCHEME

Investments meeting the criteria below are supported within the framework of the Strategic Investment Incentives Scheme:

  • Domestic production capacity for the product to be manufactured with the investment shall be less than the import of the product.
  • Investment shall have a minimum investment amount of TRY 50 million.
  • Ihe investmentshall create a minimum added-value of 40% (this condition is not applicable to refinery and petrochemicals investments).
  • Total import value of the product to be manufactured with the investment shall be minimum of USD 50 million as of the past one year (excluding products that are not locally produced).

PRIORITY AREAS

The new investment incentives system defines certain investment areas as “priority” and offers them the regional support extended to Region 5 by the Regional Investment Incentives Scheme, regardless of the region of the investment.If the fixed investment amount in priority investments is TRY 1 billion or more, tax reduction will be applied by adding 10 points on top of the “rate of contribution to investment” available in Region 5.If priority investments are made in Region 6, the regional incentives available for this particular region shall apply.

Fields of investment with specific priorities to be supported with Region 5 instruments regardless of the investment’s region are:

  • Tourism accommodation investments in Cultural and Tourism Preservation and Development Regions and investments that could benefit from regional incentives with regard to thermal tourism
  • Mine extraction and/or processing investments
  • Mining exploration investments to be made in the licensed areas by investors with a valid Exploration License or Certificate issued pursuant to the Mining Law
  • Railroad and maritime freight or passenger transportation investments
  • Investments in the defense industry to be made with respect to the project approval received from the Undersecretariat for Defense Industry.
  • Test centers, wind tunnels, and similar investments made for the automotive, aerospace or defense industries
  • Investments made by the private sector for kindergartens and day-care centers, as well as preschools, primary, elementary, and high schools
  • International trade fair investments with a minimum indoor area of 50,000 square meters (excluding accommodation and shopping center units)
  • Investments for the manufacturing of products or parts developed by an R&D project that is supported by the Ministry of Science, Industry and Technology, TUBITAK or KOSGEB
  • Investments in the motor vehicles main industry worth a minimum amount of TRY 300 million, engine investments worth a minimum amount of TRY 75 million, and investments for motor engine parts, transmission components/parts and automotive electronics worth a minimum amount of TRY 20 million
  • Investments for power generation where metals stated in the 4-b group of Article 2 of the current Mining Law No. 3213 within the scope of a valid mining license and permit issued by the Ministry of Energy and Natural Resources are used as inputs
  • Energy efficiency investments that would reduce energy consumption in unit production by a minimum of 20 percent for at least 5 years in existing manufacturing facilities with an annual consumption of least 500 tons of oil equivalent (toe) energy
  • Investments for electricity generation through waste heat recovery in a facility (excluding natural gas-fired electricity generation plants)
  • Liquefied natural gas (LNG) investments and underground gas storage investments with a minimum amount of TRY 50 million
  • Investments for the production of items in high-tech industry segment stipulated in the Organization for Economic Cooperation and Development’s (OECD) definition for technology intensity

FOR MORE DETAILS PLEASE GO TO: www.invest.gov.tr

28 Eylül 2015 Pazartesi

Etiketler : English

DİLŞAH KEFLİOĞLU

President Recep Tayyip Erdoğan laid the foundation of Atatürk Cultural Center for its reconstruction project on 10 February 2019. The centre was opened after the completion of the project in 2.5 years.

The opera sphere in AKM’s entrance was built with 15 thousand unique handmade red ceramic tiles. The design of the building’s façade aimed maximum benefit from daylight, and a green roof system was applied with an environmental-friendly approach. The opera hall, named the grand hall, features a foyer with nearly 4 thousand 500 square meters and seats 2040 people. The pit in the lobby has sufficient size to host a massive orchestra of 118 people.

A MOVING STAGE

The stage mechanics and systems are built with the world’s leading technologies. They comprise a 65-meter stage depth, four main stage elevators, 13 compensator elevators in the side and backstages, and four mobile wagons that will remain above these. Besides, there is a rotating stage wagon in the main hall. All halls of AKM are furnished with top-level equipment in terms of acoustic, sound, lighting and displaying systems.

COMPRISES OF FIVE BLOCKS

AKM’s halls were designed acoustically, and the built orchestra shell offers an excellent sound quality in plays and concerts asa homage to original AKM’s ceramic artist Sadi Diren. The centre and the spiral staircase in the original centre’s foyer were restored to their original design. The centre comprises five blocks founded over a field of 30 thousand square meters, and AKM has an indoor space of 95 thousand square meters. The natural stone coating over the façade and internal venues of AKM draw attention.

A MODERN DESIGN

There are four basements with a total size of 48 thousand and 705 square meters, a stage, backstage rooms, foyer areas, workshop and storage areas, ballet practice lounges, practice rooms for soloists and orchestras, a recording studio, rehearsal rooms, art galleries and exhibition rooms and coffee shops. Furthermore, the rehearsal halls, recording studio, soloist and orchestra practice rooms were designed in a modern way acoustically.

DESCENDED FROM FATHER TO SON

Architect Hayati Tabanlıoğlu conducted the construction of AKM in 1956-1969, and it is one of the original premises of one of Taksim Square’s symbols. After the big fire in 1970, AKM opened again in 1977. The centre used to seat one thousand and three hundred people; however, it was transformed into a complex after the reconstruction by increasing its capacity and functions. Architect of the new AKM is the son of center’s original architect Hayati Tabanlıoğlu’s son, Murat Tabanlıoğlu.

A CULTURE STREET

As part of the AKM project, Culture Street includes an art gallery, movie theatre, restaurant, café, a book café, arts centre for children, a music platform, library, a design shop, and a multifunctional lounge.

Another significant aspect of the AKM project is that the centre gained a 24-hour living area to the neighbourhood with a connection from the Taksim Square to Istanbul Technical University’s Taşkışla Faculty and Atatürk Library. With the new centre, a second square will be formed in congress valley direction, where Atatürk Library and Istanbul Technical University remain.

22 Şubat 2022 Salı

Etiketler : English

HAMİT KARDAŞ

The postgraduate programs designed by the Istanbul Commerce University based on the requirements of the business realm offer career opportunities to international students wishing to come to Türkiye for education. There are postgraduate and PhD programs in the University for those wishing to upgrade their degrees. Expert academicians and special facilities carry out the postgraduate programs. Postgraduate courses are performed in five institutes within the body of COMMERCE.

INSTITUTE OF FINANCE

As Türkiye’s first institute in finance, this institute is structured with an integrated perspective by taking Istanbul’s private and public sector focused finance theory, management and policy, financial economy, and applied finance compatible with Istanbul’s aims to become a global finance centre into consideration. The institute offers four postgraduate and two PhD programs.

INSTITUTE OF COMMUNICATION SCIENCE AND INTERNET

The first institute focusing on the internet area, the Communication Science and Internet Institute, aims to develop the new theoretical perspectives and research methodology deemed lacking in the area, reveal interdisciplinary research forms, and improve data generation for its implementation in required areas. The institute offers PhD programs and thesis and non-thesis master programs.

FOREIGN TRADE INSTITUTE

With the privilege of being Türkiye’s first Foreign Trade Institute, this institute conducts practices and research on a sectoral basis towards the market and launching academic level postgraduate programs. Thesis and Non-Thesis Master programs are available in the institute. Moreover, PhD programs in two different areas are offered.

SOCIAL SCIENCES INSTITUTE

Social Sciences Institute is carrying out education and research activities with many programs prepared in line with the sector’s requirements. Doyens in the finance and real sector are among the institute’s academic staff.

INSTITUTE OF SCIENCE

Institute of Science offers postgraduate and PhD programs with eleven different programs. Urban Systems and Transport Management, Conservation and Restoration programs within the structure of this institute are the leading postgraduate programs in this area in Türkiye. The Cyber Security PhD program stands out as well.

For the postgraduate programs of the University: https://international.ticaret.edu.tr

MASTER’S DEGREE IN COMMERCIAL DIPLOMACY

Commercial Diplomacy Postgraduate Program is Türkiye’s first and only commercial diplomacy program. The program continues to accept applications. Commercial diplomacy is a vast area where negotiations in multiple aspects are carried out to solve disputes that hamper global trade. Joint solutions are generated, and international cooperation is developed through signing agreements on commerce and investment.

Commercial Diplomacy Department Head Assoc. Prof. Uğur Yasin Asal stated that through the postgraduate program, they aimed to train graduates who has in-depth knowledge of commercial diplomacy terminology, who can build intercultural communication,who attach importance to entrepreneurship and wish to enhance entrepreneurial skills and academic aspect of commerce as commercial diplomacy experts.

MOST PRESTIGIOUS GLOBAL EDUCATION INSTITUTION OF THE YEAR

Istanbul Commerce University was declared as the year’s most prestigious educational institution in the private education institutions category by The ONE Awards, one of the most exceptional standards in its area. For the seventh time, the award ceremony of the ONE Awards was executed with the cooperation of Marketing Türkiye and Akademetre Research and Strategic Planning. In addition to the brands increasing their prestige the most in the year, media, PR, advertising and digital marketing agencies that played a role in this success were awarded. Celebrating its 20th year of establishment, Istanbul Commerce University was awarded as the year’s most prestigious educational institution.

Istanbul Commerce University’s President Prof. Dr. Yücel Oğurlu mentioned that they were proud to receive the award and said, “The momentum gained by our University in the recent period is very pleasing. We will not be satisfied with this and work more to enhance the value of our University’s diplomas.”

THE HIGHEST OCCUPANCY RATE

Istanbul Commerce University achieved a hundred per cent success in this area by launching the online education system in the swiftest during the pandemic. The University remained in the educational institutions to achieve the highest occupancy rate among the foundation universities and filled 95.5% of its capacity this year.

400 ONLINE EVENTS

Istanbul Commerce University is among the most preferred universities for postgraduate degrees. The University carried out its social responsibility projects academic and cultural activities throughout the pandemic and held over 400 online events in the past year.

22 Şubat 2022 Salı

Etiketler : English