Development and Opportunities in the Turkish Market - December 2012


The Turkish government’s agenda for development is one of the most ambitious in the world. Combined with investor friendly changes in the market, including a new investment incentive regime and new regulation enhancing transparency and certainty for deals under Turkish Law, foreign investors are increasingly looking to Turkey with greater confidence, attracted by the opportunities available.

Creating an investor-friendly environment -

A number of years ago the Turkish government embarked on an ambitious infrastructure and energy strategy, with a focus on the power, health, transport and telecoms sectors and this is now bearing fruit. The Government’s aim, following the global trend, is to reduce state participation and increase private investment by creating a more investor-friendly environment. In order to achieve this, the Turkish Parliament has enacted the new Turkish Commercial Code (TCC), the Turkish Code of Obligations (TCO) and, on 1 January 2012, introduced a new investment incentive regime. “The new investment regime is a remarkable change in the finance environment which has been welcomed by investors” comments Zeynep Çakmak, Ankara Partner at White & Case and Çakmak Avukatlik Bürosu.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© White & Case LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.