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KOSBAŞ-Free Trade Zone -İZMİT

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Area

  • 850.000 m²

Year

2001

KOSBAŞ-İZMİT-FREE TRADE ZONE

The establishment of a Free Trade Zone (FTZ) in the bustling port city of Izmit-Harbour marks a strategic leap towards fostering global shipyard operations and advancing high-technology manufacturing on an international scale. Positioned at the crossroads of Europe and Asia, Izmit-Harbour’s Free Trade Zone is poised to become a pivotal hub for economic growth, innovation, and seamless international trade. This ambitious initiative reflects a forward-looking approach, leveraging the region’s geographical advantage and economic potential to create a thriving ecosystem for shipbuilding and high-tech manufacturing enterprises.

The concept of a Free Trade Zone is a testament to the commitment of the local authorities and stakeholders to eliminate trade barriers, streamline customs procedures, and attract foreign investment. In the case of Izmit-Harbour, this FTZ is specifically tailored to cater to the unique demands of global shipyards and cutting-edge manufacturing industries. By offering a business-friendly environment, regulatory incentives, and state-of-the-art infrastructure, the Free Trade Zone aims to foster a conducive atmosphere for businesses engaged in shipbuilding and high-tech manufacturing to thrive and expand their global footprint.

The integration of a shipyard within the Free Trade Zone is a strategic move that capitalizes on Izmit-Harbour’s historical maritime significance. The global shipbuilding industry demands precision, efficiency, and a well-connected logistical network, all of which are provided by the unique combination of the Free Trade Zone and the established harbor facilities. This synergy positions Izmit-Harbour as an ideal location for shipyards to conduct operations seamlessly, from the acquisition of raw materials to the export of finished vessels.

Furthermore, the Free Trade Zone in Izmit-Harbour is designed to support high-technology manufacturing, providing an ecosystem conducive to research and development, innovation, and the production of cutting-edge products. The integration of advanced manufacturing facilities within the FTZ ensures that businesses have access to state-of-the-art infrastructure, a skilled workforce, and a regulatory framework that encourages technological advancements.

In summary, the establishment of a Free Trade Zone in Izmit-Harbour dedicated to global shipyards and high-technology manufacturing symbolizes a significant step towards economic transformation and global competitiveness. This initiative aims to unlock the region’s potential, offering a gateway for businesses to thrive in an environment that fosters innovation, collaboration, and international trade. Izmit-Harbour’s Free Trade Zone is poised to emerge as a beacon of economic prosperity, linking the world through seamless trade and pioneering advancements in shipbuilding and high-tech manufacturing.

Budget: 25.000.000 €
Location: İzmit -Kocaeli, Turkey

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#InternationalBusiness
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#GlobalEconomy
#LogisticsExcellence
#InvestmentOpportunity
#TradeIntegration
#ManufacturingHub
#ExportZone
#BusinessExpansion
#TradePolicy
#EconomicGrowth
#CustomsFacilitation
#TechManufacturing

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