Global Trade Alert
Global Trade Alert

Turkiye: Turkish Government provides investment incentives to support the production of battery cells and battery modules

Announcement

18 Dec 2021

In December 2021, the government of Turkiye approved various investment incentives for Siro Energy’s investment project concerning the production of battery cells and battery modules.

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Number of interventions

4

3 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

18 Dec 2021

Revocation date:

No revocation date

Updated: 18 Dec 2021
Financial grant In force

On 18 December 2021, the Turkish government approved the investment project of Siro Silkroad Temiz Enerji Depolama Teknolojileri A.Ş. (Siro Energy) concerning the production of battery cel...

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Updated: 18 Dec 2021
Tax or social insurance relief In force

On 18 December 2021, the government of Türkiye approved the investment project of Siro Silkroad Temiz Enerji Depolama Teknolojileri A.Ş. (Siro Energy) to support the production o...

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Implementation date

18 Dec 2021

Revocation date:

12 Oct 2031

Updated: 18 Dec 2021
Tax or social insurance relief In force

On 18 December 2021, the government of Türkiye approved the investment project of Siro Silkroad Temiz Enerji Depolama Teknolojileri A.Ş. (Siro Energy) concerning the production of battery ...

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Implementation date

18 Dec 2021

Revocation date:

12 Oct 2031

Updated: 18 Dec 2021
Import tariff In force

On 18 December 2021, the Turkish government approved the investment project of Siro Silkroad Temiz Enerji Depolama Teknolojileri A.Ş. (Siro Energy) concerning the production of battery cel...

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