1 Billion TL Credit Support from the Ministry of Industry and Technology to the Manufacturing Sector

Minister of Industry and Technology Mehmet Fatih Kacır announced that, within the scope of the Investment Commitment Advance Credit Program, rapid access to long-term and favorable credit facilities of up to 1 billion liras is provided for investments with incentive certificates in the manufacturing industry.

Details of the Investment Credit Program

Minister of Industry and Technology Mehmet Fatih Kacır stated that a new step has been taken within the framework of the Investment Commitment Advance Credit Program to accelerate investments.

It was stated that all manufacturing industry investments with incentive certificates amounting to 100 million liras and above are included within the scope of the program.

Priority Financing Certificate Practice

It was stated that a Priority Financing Certificate will be issued to strengthen Turkey's industrialization journey and accelerate strategic investments.

It was noted that this certificate will be issued directly to investors within the scope of the Turkey's Century Development Move Program and those who have received a Strategic Investment Certificate.

Scoring and Criteria System

For other incentive certificates, various dimensions such as added value potential, productivity, sectoral impact, and R&D competence will be taken into consideration.

As a result of the evaluations, it was decided to issue a Priority Financing Certificate for investments scoring 50 and above.

Credit Limit and Application Process

Investments holding a Priority Financing Certificate will be able to apply for loans under favorable conditions for up to 1 billion liras and 50 percent of the investment.

It was announced that industrialists will gain the right to apply to banks via the designated official website in order to benefit from this opportunity.