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CATBIG Presentation

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Presentation for the event on Marcah, 19th

Presentation for the event on Marcah, 19th

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CATBIG Presentation CATBIG Presentation Presentation Transcript

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  • RISING STAR OF EUROPE TURKEY
    • Bridging continents, cultures and markets
    • Turkey is at the cross roads of Europ e , Asia, Middle East and Africa
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  •  
  • RISING STAR OF EUROPE TURKEY
    • Liberal, FDI friendly, outward oriented economy (Growing %7 ,3 per year)
    • 19th largest economy in the world, largest economy in Eastern Europe
    • Turkey attracted 20,3 Billion $ FDI last year
    • Turkey ha s C ustoms U nion agreement with EU
    • EU is Turkey’s trade partner and most of the FDI is received from EU countries
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • GDP (2005) Billion Euro Real GDP Growth 2002-2005 Average % Benchmarking Performance of the Turkish Economy RISING STAR OF EUROPE TURKEY CATBIG Event – London March 19 th , 2008
  • RISING STAR OF EUROPE TURKEY
    • P rofessional business environment
    • Modern financial structure and b anking system.
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • RISING STAR OF EUROPE TURKEY
    • Over 70 M population and %55 of the population is under 25 years old.
    • Large pool of young, dynamic and skilled workers (Wage scale is well below).
    • T urkey ha s a wide range of resources and products
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • Population-Age Groups Pyramid GDP Per Capita (PPP) % US$ Potentials of the Turkish Economy RISING STAR OF EUROPE TURKEY
  • WHAT IS FREE ZONE?
    • Free zones are defined as special sites within the country but deemed to be outside of the customs borders and they are the regions where the valid regulations to foreing trade and other financial and economic laws are not applicable.
    • Free zones are also the regions where more convenient business climate is offered in order to increase trade volume and export for industrial and commercial activities as compared to the other parts of country
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • WHAT IS FREE ZONE?
    • The free zones in Turkey were founded by the Free Zones Law No:3218 which came into effect in June 15, 1985.
    • There are about 1300 free zones in the world and %15 of the world trade is made from free zones. Trade volume of the Turkish Free Zones reached about 13% of Turkey’s foreign trade.
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr 3.716 640 3.076 TOTAL 615 100 515 OTHERS 810 167 643 PRODUCTION 2.291 373 1.918 TRADE TOTAL FOREIGN DOMESTIC Type of Activity
    • %15 of the world trade is made from free zones.
    • Last year trade volume of the Turkish Free Zones reached 24.5 Billion $ (approx. 13% of Turkey’s foreign trade)
    TRADE VOLUE OF TURKISH FREE ZONES CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • EMPLOYMENT NUMBERS IN TURKISH FREE ZONES CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • TYPES OF FREE ZONES IN TURKEY
    • Semi-Private Free Zones
    • In these free zones, the land is owned by state and operator company can rent places and operate the zone.
    • Private Free Zones
    • In these free zones, the land is owned by the operator company and along with the operation of the zone, operator company can sell places to it’s investors. EFZ is a private free zone and operated by Sahinler Holding, which is one of the most reputable and reliable companies in Turkey.
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • FIELD OF ACTIVITIES IN FREE ZONES CATBIG Event – London March 19 th , 2008 www.asb.com.tr Assembling Trade Others Banking Production Free Zone
  • FREE ZONE ADVANTAGES
    • INCENTIVES & MONETARY ADVANTAGES
    • LOGISTICS ADVANTAGES
    • WORLD CLASS SERVICES
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • INCENTIVES AND MONETARY ADVANTAGES
    • Manufacturer companies are 100 % exempt from C orporate T ax (Corporate tax rate in Turkey is 20% )
    • 100 % exemption from C ustom Du ties and other sort of duties
    • 100 % exemption from V alue A dded T ax (VAT)
    • Free circulation of goods in EU m arket (No tax between TR & EU)
    • Free transfer of profits and earnings to Turkey or any other countr y .
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • INCENTIVES AND MONETARY ADVANTAGES
    • Transactions are made with convertible foreign currencies .
    • Duty free stock keeping without any time /amount limitation
    • The goods in free circulation can be sent to Turkey or to the EU countries from the free zone without any customs duty payment . Moreover, no customs duty is applied on the goods of third country origin at the enterance into the free zone and exit to the third countries
    • Low construction costs (Exempt from VAT). Construction permissions are taken from EFZ Directorate and companies do not deal with Municipality or Governorship.
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • INCENTIVES AND MONETARY ADVANTAGES
    • Easy and fast customs operations . There are no import or export procedures for the free zone companies.
    • Long term exemptions (10 to 30 years – can be renewed up to 99 years) and sales to domestic market is allowed
    • Free entrance of second hand machines
    • Application process is easy and fast – you can start operating in the free zone within 2 weeks. Local and f oreign firms are treated alike .
    • Authorizations concerning price, quality, and standards, granted to public institutions and organizations, are not applicable in free zone.
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
    • European Free Zone
    • is one of Turkey ’s largest and most modern industrial parks
    • Total area : 2,000,000 m2
    • Establishment year : 1999
    • Number of Companies : 150
    • Employment number : 2000
    • Trade volume Year 2007 : 1.66 Billion USD
  • EUROPEAN FREE ZONE AT A GLANCE European Free Zone , one of the most modern industrial parks of Europe, was established in 1999, on a 2 M sqm land , strategically close to EU borders and Turkey’s number one business city Istanbul. The total investment to the European Free Zone is expected to reach up to 3 Billion $ and the expected trade volume for the EFZ is 10 Billion $. European Free Zone is offering many business advantages like long term tax exemptions, a strategic location, low cost opportunity and world class services certified by ISO 9001-2000. CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • WHERE IS EFZ ?
    • Just one hour away from Istanbul
    • Just one hour away from EU borders
    • (Greece & Bulgaria)
    • Bordering Trans European Motorway (TEM)
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr
    • Offices for rent
    • (13-11$/m2/month)
    • Warehouses for rent & sale
    • (starting from 240m2)
    • (8-4$/m2/month)
    • Production units for rent & sale
    • Open stock areas for rent
    • (3$/m2/month)
    • Lands for sale
    Facilities Offered CATBIG Event – London March 19 th , 2008 www.asb.com.tr
  • Services
      • All infrastructure services at favorable terms and exempt from taxes: Electricity , water, waste water, natural gas, telecom m unication , road
      • Catering, handling, IT services
      • 24 hours private security
      • Construction and maintenance services
      • Sensitive to environmenta l issues
      • Services certified by DIN ISO 9001-2000
    CATBIG Event – London March 19 th , 2008 www.asb.com.tr POLYPLEX EUROPA POLYESTER FİLM SANAYİ VE TİCARET ANONİM ŞİRKETİ  
  • EUROPEAN FREE ZONE . We are ready to assist you in your business and we would like to become your second home by giving you the convenience of enjoying your investment. www. asb .com. tr [email_address] CATBIG Event – London March 19 th , 2008 www.asb.com.tr