Tuesday, April 21, 2026

Türkiye Rolling Out Incentives to Ease Istanbul's Development Burden

 

Türkiye Rolling Out Incentives to Ease Istanbul's Development Burden

Source: Daily Sabah Link: https://www.dailysabah.com/business/economy/turkiye-rolling-out-incentives-to-ease-istanbuls-development-burden

Türkiye is initiating a broad-based regional incentive program designed to distribute economic and infrastructural weight more evenly across the Marmara region, consequently easing the developmental burden on Istanbul. Coordinated by the Industry and Technology Ministry, the "Local Development Initiative Incentive Program" will target 11 surrounding provinces. In Istanbul specifically, support will shift toward fortifying the entrepreneurship ecosystem through the establishment of large-scale shared service hubs, as well as vertical and smart infrastructure integration.


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