ASELSAN, which operates in the defense industry and advanced technology fields, has been included in the project-based investment incentive program. Within the scope of the Project-Based Investment Incentive Program conducted by the Ministry of Industry and Technology of the Republic of Turkey, incentives were provided for three important investments of ASELSAN. In the “2030 Industry and Technology Strategy and Large-Scale Investments” program organized under the auspices of the Presidency, ASELSAN’s incentive certificates were presented.
Super Incentive for ASELSAN
The investments that qualified for the project-based investment incentive were determined as Photon Detector and Nanotechnology Facility, Radar System Integration and Production Facility, Air Defense Systems Production and Test Facility and Smart Ammunition Production Facility. Thanks to these three investments with a total value of 616 million dollars, new employment will be provided for a total of 2,244 people, 1,672 of whom are qualified personnel.
With these investments, ASELSAN will significantly increase its capacity for the mass production of critical technologies that will increase the export value per kilogram in Turkey’s defense industry exports. The company will also put new R&D infrastructures into operation within the scope of these investments.
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In the facilities to be established, important components of the ÇELİKKUBBE system, which is of critical importance especially for Turkey’s security, will be produced. These components include radar systems, sensors, smart ammunition electronics and air defense technologies. Thanks to these production facilities, ASELSAN will be able to respond to increasing global demand more quickly and increase its international competitive power.
Within the scope of the investments to be made by the company, grant supports will be provided for R&D collaborations to be made with TÜBİTAK and relevant institutes. In addition, additional supports such as qualified personnel support and employer share of insurance premium will be provided. During the implementation of the projects, it will continue its growth by using its own resources, public incentives and appropriate financing models provided for large-scale investments.
ASELSAN shared details about investment incentives and supports to be provided in its statement to the Public Disclosure Platform (KAP). In the statement, it was stated that the information prepared in accordance with the company’s records and documents fully complies with the Capital Markets Board’s Special Circumstances Communiqué and that the company is responsible for the statements made.
