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Main PageCity Guide - in Turkish






 

Updated
17/05/03

 


Akhisar Economy

INTRODUCTION

Today, Akhisar is a modern city with more than 80,000 people. The economy mostly depends on agricultural products. The city resides on the State Highway 565 between Izmir and Istanbul, two important ports of Asia Minor. Easy access to big business centers generally hides somewhat higher unemployment, which stems from the shrinking agriculture dependent economy. Fortunately, there is a significantly increasing trend in industrial investment in the region. Akhisar Industrial Zone is an initiative for investors who wish to take advantage of the attractive benefits offered by Akhisar region. Please see the next section for more information.

AKHISAR INDUSTRIAL ZONE

Akhisar Industrial Zone is recently under construction. The industrial zone offers the following benefits to investors:

  • Investment Allowance up to 70% of the total fixed investment amount
  • Customs duties and fund exemption
  • VAT refunds
  • Subsidized Credits amounting up to 40% of the fixed investment with 30% annual interest
  • Government support for foreign credit security letter
  • Allocation of public land to investors
  • A favorable region for domestic and international investors
  • Cost effective transportation cost as the zone is located on the main highway and the main railroad between Istanbul and Izmir, two major import/export ports in Turkey
  • Being close to Izmir, the third largest city in Turkey, offers attractive living and easy  commuting opportunities for employees
A view from Akhisar Industrial Zone

TOBACCO IN AKHISAR ECONOMY

The region is especially famous for its tobacco production. Tobacco is usually recalled along with "Akhisar" name throughout the country. Click here for more about Akhisar's Tobacco.

OTHER AGRICULTURAL PRODUCTS

Among the important agricultural products are olives and olive oil, wheat, cotton, grapes and melon and raisins. Zeytinliova region is world-famous with its high-quality olives, (zeytinliova = land with olive(s) or olive tree(s)).

NATURAL RESOURCES

The land is very rich in water resources. These resources are utilized in agricultural irrigation and providing drinking water to Izmir, (the third largest city in Turkiye). The land contains coal mines some amounts of iron ore, graphite and chrome sources.

Akhisar has a unique type of marble quarried only in the region. Its unique features, color and look exhibits a perfect match with tan, beige and other shades of brown, creating unique decorative scents.

 

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