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Lessons for Ukraine: How Turkey attracts foreign investments

Lessons for Ukraine: How Turkey attracts foreign investments

If we look at the list of instruments for investors to Turkey, and I see how huge the gap between us is.

Just imagine, Turkey has three types of investment zones.

First type: technology development zone (TDZ). This is a zone to support research and development, as well as the development of high technology. There are 63 of them in Turkey and 21 more are under construction!

Second type: organized industrial zones (OIZ). This is a fully prepared area with ready-made infrastructure for the investor, including roads, water, gas, electricity, communications, and even waste management. There are 234 such zones, and 97 of them are under construction!

Third type: free zones (FZ). These are zones that are located on the territory of the country, but legally outside the customs zone, which exempts companies from customs, tax, financial, administrative issues. The main objective of such zones is the processing of products for export. There are 18 of them in Turkey.