ANNOUNCEMENT 03 Mar 2011In March 2011, the government of Turkey announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Official Gazette N?27863. Law N?6112 published on 3 March 2011. Available at http://www.resmigazete.gov.tr/default.aspx
On 3 March 2011, the government of Turkey liberalized its foreign direct investment regime for the broadcasting sector.
Under the new regime, foreigners may hold up to 50 percent in a Turkish broadcasting company. However, a foreigner may only invest in a maximum of two broadcasting companies.