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Free Trade Zones of Türkiye - Part IV

 

Source: Export Promotion Center of Türkiye - Trade Point Ankara

 

Free Zone Law of Türkiye
Map of the Turkish Freezones with Links to their Web Sites

Statistical Information about Turkish Freezones - cont.                            II-Antalya Freezone Adjacent to Antalya Port, Antalya Free Zone encompasses an area of 536.740 square meters of public property. A customs corridor was established between the zone and the port and thereby the connection of the zone with the port has been assured. Commercial activities in Antalya Free Zone have commenced in 1988 and ASBAT, a private firm performs as the zone operator company. As of end of 1998, the volume of trade realized by zone users has reached to 168.084 USD. Total 94 firms of which 16 are foreign hold free zone operating licenses. 47 firms are operating in the field of purchasing and selling while 15 firms production, 13 firms renting, 6 firms banking and insurance, 6 firms storing and the rest in the fields of assembling-disassembling and repair-maintenance.                                                                                        

III-Aegean Freezone Just 4 kilometers away from the Adnan Menderes International Airport and 14 kilometers away from the Izmir Port, Aegean Free Zone covers an area of 2.2 square kilometers of public estate. Zone is basically designed for hi-tech industries and commercial activities have partly commenced in 1990. The founder-operator company of the zone ESBAT has a foreign share of 96.4 %. As of end of 1998, the volume of trade realized by zone users has reached to 1.446.380.000 USD. Total 362 firms of which 71 are foreign hold free zone operating licenses. 259 firms are operating in the field of purchasing and selling while 59 firms production, 5 firms renting and 12 firms banking-insurance and the rest storing, assembling and repair-maintenance.

IV- Istanbul Ataturk Airport Freezone Istanbul Atatürk Airport Free Zone has two sections, the first one provides 33 premises and has been in operation since 1990, while the second one which became operational in 1991 offers 57 premises. The zone is operated by ISBI- Istanbul Atatürk Airport Free Zone Founder and Operator Inc. Total 350 firms of which 47 are foreign hold free zone operating licenses. As of end of 1998 the volume of trade realized by zone users has reached to 1.778.062.000 USD which shows an increase of 105 per cent as compared to 1997.

V- Trabzon Freezone Commercial activities in the zone have been performed since August 4, 1992. The founder-operator company of the zone is TRANSBAT and has a foreign share of 94 %. TRANSBAT has rent an area of 44.692 square meters in Trabzon Harbour from General Directorate of Turkish Marine Works Organization. As of end of 1998 the volume of trade realized by zone users has reached to 57.482.000 USD. There are 24 licensed firms in the zone of which 7 are foreign. One firm has an establisher license, 21 firms hold purchasing and selling operating licenses while the rest storing, banking, insurance operating licenses.

VI- Istanbul Leather and Industry Freezone The Zone has been established on a 88.000 square meters of private estate by Founder-Operator Company, DESBAT. Commercial activities in the Zone started in May 1995. There are 385 firms of which 65 are foreign hold free zone operating licenses. As of end of 1998, the volume of trade by zone users reached 2.354.483.000 USD. Though the Istanbul Leather and Industry Free Zone was aimed to specialize in leather products, other field of activities can also be carried out by zone users.

VII-Erzurum-Eastern Anatolian and Mardin Freezones Furthermore, the establishment of Erzurum-Eastern Anatolian and Mardin Free Zones are envisaged within the framework of the measures taken for the development of Eastern and Southeastern Anatolian, and within this context a Decree of the Council of Ministers No: 94/6028 which determines the location and boundaries of the Erzurum-Eastern Anatolia and Mardin Free Zones, was issued in the Official Gazette dated 2.10.1994 and No: 22069. These two new free zones were put into operation on November 1995. The volume of trade realized in these free zones reached 476.000 USD and 13.698.000 USD respectively as of end of 1998.

VIII-Istanbul International Stock Exchange Freezone Istanbul International Stock Exchange Free Zone began to perform its activities on February 24, 1997. In order to create an international finance center in Istanbul, the Council of Ministers Decree (numbered 95/6571) concerning Istanbul Stock Exchange Free Zone was issued on April 1, 1995 and as of February 1, 1996 the ISE-International Stock Exchange Free Zone has started to accept the applications of domestic and foreign members of the ISE that have been authorized or proposed to engage with the transactions in the Istanbul Stock Exchange. In this free zone, in a climate where the risk of taxation and rate of exchange were lifted, the export and second hand transactions of stocks from Türkiye and other countries will be realized within the framework of principles defined by Istanbul Stock Exchange (ISE) and necessary liquidity will be created with the participation of international investors. The trading volume has reached to 12.441.722 USD as of end of 1998.

IX- Izmir Menemen Leather Freezone Commercial activities started in the Zone in May 1995 which is established on an area of 1.600.000 square meters. There are 148 firms of which 4 are foreign hold free zone operating licenses. As of end of 1998, the volume of trade by zone users reached to 178.578.000 USD.

X- Rize Freezone Rize Free Zone is founded and operated by RISBAS-Rize Free Zone Founder and Operator Inc. on an area of 85.000 square meters just 8 kilometers to Rize Port and put into operation in April 1998. There are 11 firms holding operating licenses. As of end of 1998, the volume of trade by zone users reached to 1.726.000 USD.

XI- Samsun Freezone Samsun Free Zone is founded and operated by SASBAT-Samsun Free Zone Founder and Operator Inc. on an area of 72.632 square meters adjacent to Samsun Port and put into operation in May 1998. There are 9 firms holding operating licenses. As of end of 1998, the volume of trade by zone users reached to 1.958.000 USD.

XII- Istanbul Thrace (Catalca) Freezone Istanbul Thrace Free Zone is founded and operated by ISBAS-Istanbul Thrace Free Zone Founder and Operator Inc. on an area of 387.500 square meters in Çatalca district of Istanbul and put into operation in August 1998. There are 29 firms holding operating licenses of which 2 are foreign. As of end of 1998, the volume of trade by zone users reached to 19.769.000 USD. On the other hand, it is planned that commercial activities will be started in Kayseri, Adana-Yumurtalik, Thrace (Çorlu) and Gaziantep Free Zones within this year. Top

 

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