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SASA's Investment Included in the Scope of State Support

SASA's investment included in the scope of state support. Accordingly, project-based government support will be given to Sasa Polyester AŞ.

SASA's Investment Included in the Scope of State Support
Yazar: Elif Dinçer

Yayınlanma: 25 Kasım 2020 16:26

Güncellenme: 28 Mart 2024 17:34

SASA's Investment Included in the Scope of State Support SASA's investment included in the scope of state support. Accordingly, project-based government support will be given to Sasa Polyester AŞ's PTA and polymer / chips production facility expansion investment. It has been learned that a project-based state support will be given to SASA Polyester AŞ's PTA and polymer / chips production facility expansion investment in Adana. According to the additional decision published in the Official Gazette, the investment amount envisaged for the production facility to be supported was recorded as 11.3 billion TL. At the end of the investment period, 1.5 million tons of annual additional capacity for PTA, 650,000 tons of additional capacity for polymer / chips and 1,350 additional employment, 28 of which are qualified, are expected. August 1 was determined as the starting date of the investment. Extension investment in the context of project-based state support; customs tax exemption, VAT exemption and refund, tax reduction, 10-year insurance premium without the maximum amount limit, employer support, 10-year income tax withholding support, five-term and maximum 30 million TL qualified personnel support and up to 10 years as of the date of operation 50% of energy consumption will be provided, provided that it does not exceed 50 million TL.
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