Turn-key investment assistance for sound projects

İstanbul Development Agency (İDA) announced upcoming projects and future plans in a meeting organised at the Office of Governor. The event had high level participation with İstanbul Governor Vasip Şahin, Mayor of İstanbul Metropolitan Municipality Kadir Topbaş, President of İstanbul Chamber of Commerce İbrahim Çağlar, President of İstanbul Chamber of Industry Erdal Bahçıvan and President of Turkish Exporters Association Mehmet Büyükekşi all present at the event.

FUTURE PLANS

Announcing upcoming projects and future plans of İstanbul Development Agency, Governor Vasip Şahin indicated “Our goal is to have a properly functioning system, one that serves as a one-stop shop for overseas investors, where they can process their applications smoothly and without any delay, and ensure applicants can fast track their processes from application to investment in no time.”

INVESTMENT SUPPORT OFFICE

Şahin elaborated on investment support provided to investors and informed about projects jointly undertaken by İstanbul Chamber of Commerce, İstanbul Metropolitan Municipality, Borsa İstanbul and Bosphorus University. Şahin highlighted the recent restructuring of the Investment Support Office in an effort to ensure streamlining of services offered to international investors in Turkey and said: “We will shortly be opening up a service centre within the Investment Support Agency which will set a good model for other investment agencies in Turkey. This office will handle all applications from international investors and will serve as a one stop shop where overseas investors can process their applications smoothly and without any delay, and we will ensure applications can be smoothly processed from start to end efficiently and swiftly.”

ONE-STOP SHOP

Şahin explained that the Investment Support Agency’s one-stop shop approach will mean investors will no longer have to go to various government offices to lodge and track their applications, saving time and effort for much needed business activities.

BUSINESS AS USUAL WITH ROBUST FINANCING

Governor Şahin announced that the 2017 budget of the Agency is planned to be approximately TRL 100 mln, similar to last year’s levels, with a possible increase if there is such demand from the market. Şahin continued: “We continue business as usual with robust financing. We have budget availability to support sound projects, and look forward to seeing such good projects.”

FACILITATION OF RESIDENCE PERMIT FOR INVESTORS

Governor Şahin also highlighted recent arrangements to facilitate residence permits for international investors and added: “We set up a desk at Immigration Services Department in Beşiktaş, to specifically handle the residence permit applications of overseas investors. Unless there are any concerns or further issues to be considered on the part of the applicant, standard applications will be concluded swiftly and residence permits will be issued swiftly.”

14 Haziran 2017 Çarşamba

Etiketler : English