Industry and Technology Minister Mehmet Fatih Kacır announced a new scheme for manufacturing investments. Loans of up to 1 billion lira can be granted under the YTAK Program with a budget of 750 billion lira.
Kacır said in a statement on his social media account that they issue a Priority Financing Document for investments with incentive certificates, giving industrialists fast access to long-term loans on favorable terms. The program, which has so far directed 84 projects to favorable financing, now covers all manufacturing investments with incentive certificates of 100 million lira or more.
