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Turkish delegation offers incentives to Kuwaiti investors  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 26/12/2012

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(MENAFN - Kuwait News Agency (KUNA)) A visiting Turkish delegation gave today at the Kuwaiti chamber of commerce building a rundown of a batch of new incentives with which Turkey seeks to attract Kuwaiti (and other's) investments.

Attended by Kuwaiti businesspeople and investors, head of the delegation Ibrahim Uslu presented in detail the new incentives which were put in place as far back as last January. The incentives cover no less than 12 economic sectors, including those related to the oil and petrochemical industry, he said.

He enumerated some of these sectors : investments in the electronic industry, furniture industry, pharmaceuticals, and others.

He noted that these incentives were in the main related to lowering tariff charges, even obviating some types of them depending on the industry in question, making outright exceptions on certain due taxes, and offering easy-term loans to prospective investors.

He showed a map of Turkey where various economic sectors were drawn up, along with each sector's batch of incentives for potential investors.

 






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