$30 Billion Incentive for High-Tech Production with HIT 30 Program!

30 Billion Incentive for High Tech Production with HIT 30 Program

With technological development value added production areas have both expanded and changed. In this context, the High Technology Incentive Program Definition Meeting was held and President Recep Tayyip Erdoğan made a speech at this meeting and announced the new incentive package. With the HIT 30 program $30 billion incentive for high-tech production coming. Here are the details…

$30 Billion Incentive for High-Tech Production with HIT 30 Program!

HIT (High Tech Türkiye) 30 program There is a big investment coming to high-tech production areas. In this context, at the High Technology Incentive Program Definition Meeting held, President Erdoğan announced that a total of 30 billion dollars of investment will be made in 8 areas, primarily in the electric vehicle and chip areas.

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President In his speech, he announced that they have established 10 factories that increase the efficiency of the industry and that 4 more factories will come soon. Erdoğan stated that with this action, they are trying to ensure that global electric vehicle manufacturers prefer Turkey for investment. in the automotive field He said that a $5 billion incentive package was prepared to increase production capacity.

Battery The President, who stated that they aim to reach 80 gigawatt hours of capacity in the next 6 years, emphasized that they want Turkey to be a regional production center in this field. The incentive package offered in the battery field is around 4.5 billion dollars. Tayyip Erdoğan, who offered a 20 billion dollar incentive package in the technology field, HIT-30 Program He stated that they aim to make great progress in the field of high technology with an investment of 30 billion dollars.

30 Billion Incentive for High Tech Production with HIT 30 Program

Renewable energy Erdoğan, who said that grant support will be provided within the scope of the field, announced that an incentive of 8 thousand dollars per megawatt will be given for the facility to be established in this field. One of the names who made a statement on the subject was Vice President Cevdet Yılmaz. Yılmaz declared that more than 30 investment topics in a total of 8 main areas were determined.

What areas are included in the HIT-30 program?

Cevdet Yilmaz He announced the priority programs that will receive incentives within the scope of the HIT-30 program with a post he made on his social media account X. In his post, he stated that they aim to become a global center in high-tech production by 2030 and HIT-30 program He stated that they aimed to achieve this.

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In his statement, Yilmaz said the following about the program: $30 billion incentive package and the areas determined within the scope of the HIT 30 incentive program are; mobility, semiconductorsannounced that there are investments in advanced manufacturing, green energy, healthy living, communication – space, digital technologies and complementary value chain. He stated that a total of 30 billion dollars of government incentives will be provided for the mentioned areas.

Cevdet Yılmaz is a program that creates strategic added value, has both technical and financial competence, and is innovative technologies announced that projects that can take Turkey forward in its field will be brought to Turkey. In this context, companies will provide Investment Location Opportunities according to the relevant project, Project Based Investment IncentivesThey will be able to benefit from appropriate financial support, market development support and high-level policy support.

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