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Italy's Economic Diplomacy, 2 February: latest news from the world

Date:

02/02/2017


Italy's Economic Diplomacy, 2 February: latest news from the world

Turkey: development incentive package for 23 provinces to be launched

The Turkish Prime Minister, Binali Yildirim, announced the details of the programme of incentives for investors to create attraction centres in the country's twenty-three eastern and southern provinces. Prime Minister Yildirim reported that up to 11 January, Ankara received 1,200 requests to benefit from state incentives amounting to 5.2 billion dollars for regional projects. Estimates forecast that such requests could create about 112,400 jobs in the eastern and south-eastern regions of the country. The government will provide the capital, infrastructure, land and free consulting services for entrepreneurs who will become the owners of their projects once they will be completed. The government's aim is to favour economic growth and women's entrepreneurship. Moreover, the project will curb migration flows from the eastern regions of the country to Istanbul and Ankara.


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