Incentives on the way

Bloomberg

Erdoğan will speak in Ankara on June 4 to announce the system, which will divide the country into four regions, awarding the bulk of tax reductions, cheap loans and free land to companies that set up in the southeast, Vatan said on Tuesday.

Northwestern Turkey will be promoted as a car-making center, Ankara's defense industry will receive support and the southeast is marked out for chemicals, electronics and bicycle manufacturing, the newspaper said.