OSBÜK announced the renewed OIZ laws

Memiş Kütükcü, Chairman of the Board of Directors of the Organised Industrial Zones Supreme Organisation (OSBÜK), evaluated the renewed OIZ law and said, "Only the green OIZ article attracted public attention. However, we have breathed our OIZs with 8 articles, all of which are important from each other." Kütükçü mentioned that expropriation was facilitated for expansion in OIZs and said, "The rule of a single enterprise in a useful parcel for rehabilitation OIZs has changed."

Changes made in the New OIZ Law are as follows;

1- In places designated as industrial areas in the current zoning plans, the OIZ area will be finalised without the OIZ site selection process, provided that the opinion of the administration approving the plan is obtained and geological and geotechnical surveys based on the zoning plan are carried out.

2- Owners of parcels who undertake to invest within the conditions and periods specified in the Regulation will be able to be given space by the OIZ in the selected area without expropriation.

3- For the first time, pre-allocation application has been introduced to our OIZs. With the pre-allocation practice, our OIZs will now be able to make pre-allocations to investors at the determined price while the site selection and expropriation processes continue.

4- OIZs will be able to pay the expropriation costs in this area and carry out infrastructure works with the income they obtain with the pre-allocation practice. This will relieve our OIZs financially. With all these regulations, the site selection and expropriation processes of OIZs, which take 4-5 years to allocate to new investors, will be accelerated, thus paving the way for new investments.

5- OIZs were also authorised to lease or sell superstructured industrial parcels. Our OIZs, which previously only made infrastructure investments and allocated parcels to investors, are now authorised to lease or sell superstructured industrial parcels to investors who give the condition and commitment to start production. With this regulation, our OIZs will be able to build infrastructure such as electricity, water, natural gas, as well as factory buildings themselves, and lease or sell them to investors on a turnkey basis. The investor will be able to make production only by bringing the machinery and equipment and human resources to be used in production. This regulation is an important application for our domestic investors as well as foreign investors.

6- The problem of not being able to operate more than one enterprise in a parcel, which is one of the most important questions of OIZ industrialists, has also been solved. Now, our participant industrialists in OIZs will be able to rent their facilities to one or more tenants for production purposes.

7- The definition of 'Green OIZ' was added to the OIZ law. With the regulation, the projects to be prepared by our organised industrial zones in order to meet the Green OIZ criteria by reducing carbon emissions will be prioritised by our Ministry of Industry and Technology.

8- The ratio of common use areas in OIZs will not be less than 5 per cent of the size of the OIZ and the ratio of service and support areas will not be more than 15 per cent of the size of the OIZ.