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Operations & Footprint 6 Nov 2026

Bantaş secures Turkish incentive certificate for USD 4.8m packaging integration investment

Turkish packaging producer Bantaş Bandırma Ambalaj has obtained an investment incentive certificate from Turkey's Ministry of Industry and Technology covering a USD 4.8m (TRY 241.5m) full-integration investment programme, valid from 9 October 2026 to 9 October 2029. The company has applied to Bandırma municipality for a building permit, signed prefabricated-building and crane contracts and agreed terms with a foreign supplier for a roll-cutting line.

Why this mattersA 60% tax discount and a 20% investment contribution lower the cost of Bantaş's full-integration programme, for which building, crane and roll-cutting line contracts are already signed.

  • The certificate covers an investment budget of USD 4.8m (TRY 241.5m)
  • Certificate issued by Turkey's Ministry of Industry and Technology, valid 9 October 2026 to 9 October 2029
  • Benefits include a 60% tax reduction rate, a 20% investment contribution rate and one year of employer social-security support
  • The investment programme was announced by the board on 14 January 2026
  • Contracts for prefabricated building and crane works have been signed since 9 September 2026; the ground survey and reinforcement project is complete and awaits municipal approval
  • Agreement reached with a foreign supplier for a roll-cutting line
Bantaş Bandırma Ambalaj
Sources xn--borsaekran-6ub.com TR
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-09 · Edited before publication: The headline TRY amount was not converted and the conversions were written with TRY first. The TRY 241.5m is the investment budget the certificate covers, not the value of the incentive; the wording now makes that clear.