Global Trade Alert
Global Trade Alert

Turkiye: Turkish Government provides investment incentives to support the production of electric driven compressors

Announcement

14 Jan 2023

In January 2023, the government of Turkiye approved various investment incentives for the investment project of Valeo to support the production of electric-driven compressors.

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Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

14 Jan 2023

Revocation date:

05 Sep 2027

Updated: 14 Jan 2023
Tax or social insurance relief In force

On 14 January 2023, the government of Türkiye approved the investment project of Valeo Otomotiv Sanayi (Valeo) to support the production of electric-driven compressors. Under the investment project...

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Implementation date

14 Jan 2023

Revocation date:

05 Sep 2027

Updated: 14 Jan 2023
Import tariff In force

On 14 January 2023, the government of Türkiye approved the investment project of Valeo Otomotiv Sanayi (Valeo) to support the production of electric-driven compressors. Under the investment project...

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Implementation date

14 Jan 2023

Revocation date:

No revocation date

Updated: 14 Jan 2023
Tax or social insurance relief In force

On 14 January 2023, the government of Türkiye approved the investment project of Valeo Otomotiv Sanayi (Valeo) to support the production of electric-driven compressors. Under the investment project...

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