Global Trade Alert
Global Trade Alert

Turkiye: Ministry of Industry and Technology announces a funding call worth USD 4.5 billion to support the production of battery cells and active materials

Announcement

26 Jul 2024

In July 2024, the Turkish Ministry of Industry and Technology issued a funding call with a value of USD 4.5 billion to support the production of battery cells and active materials.

Source

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

5 in force

Implementation date

26 Jul 2024

Revocation date:

No revocation date

Tax or social insurance relief In force

On 26 July 2024, the Turkish Ministry of Industry and Technology announced a tax relief measure to support businesses investing in the production of battery cells and active materials. In addition to ...

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Financial grant In force

On 26 July 2024, the Turkish Ministry of Industry and Technology announced a financial grant scheme to support businesses investing in the production of battery cells and active materials. In addition...

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State loan In force

On 26 July 2024, the Turkish Ministry of Industry and Technology announced a state loan scheme to support businesses investing in the production of battery cells and active materials. In addition to t...

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In-kind grant In force

On 26 July 2024, the Turkish Ministry of Industry and Technology announced a free land allocation scheme for businesses investing in the production of battery cells and active materials. In addition t...

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Capital injection and equity stakes (including bailouts) In force

On 26 July 2024, the Turkish Ministry of Industry and Technology announced an equity support scheme for businesses investing in the production of battery cells and active materials. In addition to the...

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