February' 2018 | Archive | Blog
Turkey Prepares New Support Program for SMEs
2018-02-23At the beginning of the year, the Turkish government has announced a new support package for small and medium-sized enterprises (SMEs) under the Industry 4.0 transformation map. The amount of money to be injected in these companies will amount up to 1,7 billion TL over the next few years. Foreign investors who want to open companies in this country can rely on our lawyers in Turkey.
The Turkish economy went through ups and downs last year, as some quarters registered spectacular increases with respect to the production of the companies, as it was the case of the 3rd quarter when the economy boomed. 2018 is expected to be less dramatic and the Turkish Gross Domestic Product (GDP) should grow based on an improvement of the industrial sector. Our lawyers in Turkey can help foreign investors who want to start businesses in some of the most prolific industries in this country.