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Accelerating Industrial Investments: New Initiative Launched

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Minister of Industry and Technology Kacır stated, “With a regulation that will create an increase in supply in investment lands, we aim to accelerate investments and prevent a rise in land prices.”

Minister of Industry and Technology Mehmet Fatih Kacır announced that they have launched a new initiative in the organized industrial zones (OIZ) to speed up industrial investments, stating, “With a regulation that will create an increase in supply in investment lands, we aim to accelerate investments and prevent a rise in land prices.” According to a statement from the Ministry, the first implementation of the regulation, which foresees the online allocation of all vacant OIZ parcels in Turkey to investors and will further accelerate investments in the industry, has begun. Within this scope, under the coordination of the Ministry of Industry and Technology, allocations for 20.1 million square meters of investment land for 1484 factories in 133 OIZs took place simultaneously today for the first time. Additionally, 2 million square meters of land in 6 OIZs were offered for preliminary allocation. This will provide a total of 22.1 million square meters and 1600 investment location allocation possibilities. Newly designated industrial areas suitable for investment and completed parcel infrastructure will be regularly announced in accordance with the regulation. All unallocated OIZ parcels will be made available online for allocation every month. The initial announcements were made in a coordinated manner by the Ministry of Industry and Technology, the OIZ Association, and the OIZs. TO BE HELD ON THE FIRST MONDAY OF EACH MONTH

Minister Kacır announced on his social media account that they have launched a new initiative in OIZs today to accelerate industrial investments. Kacır noted that under the coordination of the Ministry, allocations for 20.1 million square meters of investment land for 1484 factories in 133 OIZs have been made simultaneously and online. He stated, “Allocation applications will last for 3 weeks. Additionally, 2 million square meters of land are being offered for preliminary allocation in 6 OIZs. Last month, we announced that the amendment in the OIZ regulation would facilitate industrialists’ access to investment locations. The first implementation of the regulation, which foresees the online allocation of unallocated OIZ parcels to investors every first Monday of the month, is taking place in October.

With a regulation that will create an increase in supply in investment lands, we aim to accelerate investments and prevent a rise in land prices. OIZs will be managed more transparently, and our industrialists will have easier access to investment location alternatives. Congratulations.” The announcement links for land allocation and preliminary allocation in the OIZs are as follows: “https://www.sanayi.gov.tr/medya/duyurular/osblerde-arsa-tahsisi-yapilacak-parsellere-iliskin-duyuru”, “https://www.sanayi.gov.tr/medya/duyurular/osblerde-on-tahsisi-yapilacak-alanlara-iliskin-duyuru”

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