Mixed Organized Industrial Zone
Mixed Organized Industrial Zone
It is an industrial area that operates in a planned manner and within certain systems, equipped with the necessary administrative, social and technical infrastructure areas, small manufacturing and repair, trade, education and health areas, technology development zones, where production facilities in different industrial lines are located.
Model Factory
Within the scope of productivity increase and digitalization required for global competition in businesses; these are the training practices and physical environments where these applications will be presented, which are specially designed to develop the application-oriented skills of enterprises in subjects such as lean manufacturing, process improvement, product development, problem solving through learning by doing in experiential environments and to transform companies by rapidly implementing these new skills.
Modernization Investment
It refers to investments that include adding parts suitable for machinery and equipment that have completed their technical and / or economic life in the production lines of existing facilities or replacing the existing machinery and equipment with new ones, completing the missing parts in the facility, directly upgrading the quality of the final product or changing its model.
Mortgage
It is a long-term investment tool that offers people who do not have enough savings to own a house to become a homeowner by paying in low monthly installments as if they pay rent.
NACE Code
They are the economic activity codes that must be used in all commercial transactions in the European Union.
NUTS
In the European Union, to ensure that regional statistics are produced according to a single spatial classification, (The Nomenclature of Territorial Units for Statistics (NUTS)), which was developed by the European Union Statistical Office (Eurostat) since the 1970s, has been included in the EU legislation since 1988 and the regulation on this classification was approved by the European Parliament and Council in 2003.
Net Present Value
It refers to the difference obtained by deducting the present value of investment expenses from the present value of the return provided by the investment during its economic life. That is, the net present value is equal to the difference between the present value of the investment's cash inflows and the present value of cash outflows.
Net Sales Revenue
It refers to the amount found by deducting sales discounts and returns and other discounts from the gross sales of an enterprise.
Non- Healthy Institute
It is defined as workplaces that have the risk of damaging the people around them during their activities in biological, chemical, physical, mental and social aspects or polluting the natural resources.
OEM (Original Equipment Manufacturer)
OEM (Original Equipment Manufacturer)
OEM (Original Equipment Manufacturer)
OIZ Parcel Allocation Contract
OIZ Parcel Allocation Contract
It is the contract drawn up between the investor and the OIZ regarding the allocation of parcels after the real or legal persons who are deemed suitable for parcel allocation in the Organized Industrial Zones submit their Investment Commitment to the OIZ as notarized.
One Stop Office
It is the administrative structure that employs experts and ensures that the bureaucratic procedures of investors are concluded through a single authority as soon as possible.
Organic farming
It is a production method p rohibiting the use of synthetic chemical fertilizers and pesticides, including human and environmentally friendly production systems by controlling diseases and pests with biological control that ensures continuity in the fertility of the soil, recommending organic and green fertilization, crop rotation and soil conservation, that aims to restore the balance in nature lost as a result of faulty applications, every stage from production to consumption is under control and the product obtained is certified with a certificate.
Organized industrial Zone (OSB)
Organized industrial Zone (OSB)
It refers to the regions of production of goods and services that aim efficiency in resource use and established, planned and operated in accordance with the provisions of this Law by equipping the land plots with certified borders with the required common areas, service and support areas and technology development zones and allocating them for industry in a planned manner and within certain systems in order to ensure the structuring of the industry in areas deemed appropriate, to prevent distorted industrialization and environmental problems, to direct urbanization, to use resources rationally, to benefit from information and information technologies, to place and develop industrial types within a certain plan.
Origin
These are the names that originate from a land, region with defined geographical boundaries or, in exceptional cases, originating from the natural and human elements specific to this geographical area, and all of their production, processing and other processes are the names that define the products that take place within the borders of this geographical area.
Outward Processing Regime
Outward Processing Regime
It is a system that includes the export of raw materials to be processed, the importation of them back to our country as a product after being processed, and provides exemption from all kinds of taxes in this process.
Parcel
It is a piece of land that is separated and restricted according to zoning laws.
Patent
It is the monopoly right granted to the patent owner for a limited time and place in order to prevent the invention from being produced, sold, used or imported by third parties without permission.
Performance Indicator
They are scales that generate quantitative information about the projects and enable the project objectives to be defined in a clear and measurable way.
Petty Patent
It is an industrial property right that grants the owners of inventions applicable in the industry the right to produce and market the product.
Portfolio
It is the total value of investment instruments such as cash, foreign exchange, gold, bonds, stocks, deposits and bonds held for investment and profit.
Portfolio Management Company
Portfolio Management Company
Capital market institutions whose main activity is the establishment and management of funds and established as joint stock companies.
Preliminary Design
It is a draft project prepared before the implementation project that gives an idea about the main project.
Preliminary Project
It is a project that includes one or more solutions in which the plan, cross-section, appearance and profiles are prepared based on the data obtained, including environmental impact assessment and feasibility reports, without conducting the necessary land and ground surveys according to the exact needs program of a certain building.
Presidency Investment Office
Presidency Investment Office
It is the official institution that has undertaken the task of introducing the investment opportunities offered by Turkey to the global business world and supporting investors at every stage of their investment in Turkey. The Investment Office, which operates directly under the President, is the institution responsible for encouraging investments that will accelerate the economic development of Turkey.
Priority Product List
It is the list prepared by the Ministry of Industry and Technology in order to identify the products to be prioritized by taking into account the criteria such as foreign trade data, global competition conditions, local and global demand trend, domestic production competence and capacity, sectoral and inter-sectoral technological development.
Priority Sector Investments
Priority Sector Investments
In the new Investment Incentive System, certain investment subjects are defined as "priority" and an exceptional application has been introduced for these investments. "Priority Investments", regardless of the investment location, will be able to benefit from the regional supports provided to the Fifth Region within the scope of the "Regional Incentive Practices". If the Priority Investments are realized in the sixth region, they will benefit from the supports valid in this region.
Private Organized Industrial Zone
Private Organized Industrial Zone
They are OIZs established and operated by private legal entities and real persons in places determined in accordance with the procedures in the Organized Industrial Zones Law.
Procurement Committee
It is a committee consisting of representatives of institutions and organizations, media members, producers and importers brought to the country to buy goods or services in cooperation with the Exporters' unions or organizing organizations under the coordination of the Ministry of Commerce to increase exports.
Product Diversification
It is an investment type that states that an investment incentive certificate has been obtained in order to increase the number of product types produced.
Production flow chart
It is the chart requested by the investor during the investment incentive certificate application by specifying the stages of production of goods and services and the number of personnel to be employed at each stage.
Productivity
In simple terms, it is to produce by using resources in the most appropriate way, away from waste and waste. Technically speaking, productivity is defined as "the ratio between the amount of goods and services produced and the inputs used in the production of these goods and services" and formulated as OUTPUT / INPUT.
Project
It is a set of activities with a specific starting and ending point, with a clearly defined purpose, scope and budget.
Project Based Incentive System (Super Incentive)
Project Based Incentive System (Super Incentive)
It is an incentive system which will meet the critical needs of our country in the current situation or that may arise in the future, will ensure the security of supply, reduce its dependence on foreign sources, realize its technological transformation, and entered into force with the Decision No. 2016/9495 on Grant of Project-Based State Aid to Investments, and aims to support innovative, R&D-intensive and high value-added investments on a project basis.
Provincial Investment Climate Report
Provincial Investment Climate Report
It is an investment report prepared to be presented to investors by the experts of Investment Support Offices of each province, which addresses the current state of the province in terms of investments, pioneering sectors and priority sectors, and includes export and R&D potential.
Public Offering
It is the sale of shares of a company to numerous and previously unknown investors through calls or announcements.
Public Procurement Guarantee
Public Procurement Guarantee
It is a business model in which the government makes a commitment to purchase in order to encourage the private sector and to make investments with less financing need.
Public University Industry Cooperation (KÜSİ)
Public University Industry Cooperation (KÜSİ)
It is a policy tool created to ensure joint cooperation and interaction between the public, universities, industrial organizations and investors.
R & D
They are creative works focusing on a scientific and technological uncertainty, providing scientific and technological development in the field with environmentally compatible product design or software activities, carried out on a systematic basis in order to increase the knowledge of culture, people and society and to use it to design new processes, systems and applications are activities with original, experimental, scientific and technical content.
RES
They are power plants that convert wind energy into electrical energy. It is preferred because it is a clean, renewable and natural energy source.
