A recent decision by the Council of Ministers adds production of
turbines and generators for use in renewable energy and production
of wings to be used in wind energy as privileged investment areas.
The change was introduced by Council of Ministers Decision
Regarding the Change of State-Aid for Investments number 2015/8216
("Change Decision"), published in
Official Gazette number 29537 on 19 November 2015.
Privileged investment areas are outlined in the Council of
Ministers Decision Regarding the State-Aid for Investments number
2012/3305 ("Decision"), published in
Official Gazette number 28328 on 19 January 2012.
Turkey is divided to six regions with respect to investment aid,
with each region benefiting from a different level of state
support. Privileged investment areas are eligible to receive local
aid determined for the fifth region. However, if investments are
made in the sixth region, they will be subject to the aid for the
region they are located (Article 17 of the Decision).
Please see this link for full text of the Change Decision (only
available in Turkish).
Information first published in the
MA | Gazette, a fortnightly legal update newsletter produced by
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