Bursa Chamber of Commerce and Industry (BTSO) completed legal expropriation in TEKNOSAB that costed 200 million Turkish Liras and starts the contract bidding process of infrastructure of 600 million Turkish Liras. It is planned to attract investment of 25 billion dollars to the organised industry zone.

The targets and sizes about TEKNOSAB that will be realized by the cooperation of the Governorship of Bursa, Bursa Greater Municipality and Karacabey Municipality and leading of BTSO are as follows:.

• Area size 10 million square metre.

• 25 billion dollar estimated investment.

• Targets export from the zone 40 billion dollars by year 2023.

• The distance to the harbour 26 km (It is in the midst of highway. The railway plan is to Bandırma. It will increase the Bursa’s competitiveness where Bursa’s 78% of the export is via motorways).

• A high technology university will be founded in the zone.

• Centres of Excellences and Organised Commerce Centre will be founded.

• Strong fiber optic infrastructure will be established. Smart building will be constructed. 350 MW energy will be provided from sustainable resources.

Bursa as having introduced OIZ (Organized Industry Zone) to Turkey will introduce hi-tech organised industry zone TEKNOSAB to Turkey.

As being technology zone, there will be opportunity to benefit from government incentives of 6th incentive region for the investment. Medium and hi-tech manufacturing companies will move their centres to TEKNOSAB and global companies plan to take place in the zone.

Source: Dünya Newspaper