ANNOUNCEMENT 03 Mar 2011

In March 2011, the government of Turkey announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Official Gazette N?27863. Law N?6112 published on 3 March 2011. Available at http://www.resmigazete.gov.tr/default.aspx


Inception date: 03 Mar 2011 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

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.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A