The agricultural investment in Turkey is one of the most important economic resources that distinguish Turkey from many other countries in the world; due to its great interest in agricultural investment.
Below are the government’s conditions to support the investors.
1-Feasibility Study
The investor should submit a feasibility study for a period of five years; for the agricultural project to be established, and that study must be approved by accredited consulting offices.
After the project is approved by the Turkish state; the investment entity extends a power cable that starts from the main station to the project land.
2-The investment for Small and Medium Companies
Like the investment in integrated projects for fish farms; the cultivation of aromatic and medicinal plants, and the production of natural honey, that ranges between 1.000 euros as a minimum, and a maximum of 5.000 euros and this type of investment is for small and medium companies only, and the Turkish government provides support that may reach 65% of the costs The project does not include the price of the land on which it is built.
3-Investments for Vegetable Farms
Investment in vegetable and fruit processing projects, with a limit of up to 1.250.000 euro. The cold storage warehouses are necessary with a volume of no less than 10,000 cubic meters.
The government support for these projects reaches 50% of the project value.
4-The average Expected Profits
The expected profits of an agricultural investment project in Turkey may vary depending on the likelihood that the price of the product will increase or decrease due to external factors.
Conclusion
Of course, there are many factors that contribute to the boom in agricultural investment in Turkey; like the geographical factors and favorable climate for the growth of different types of crops and the large areas of arable land and then the availability of water resources in abundance.
But the most important factor of all is the state encouragement and supports for the agricultural investment in Turkey locally and internationally.