The Republic of Turkey has proven itself "Investor-Friendly" for almost 90 years, going back to the founding of the Republic in 1923.

The FDI Law of 2004 mandated that new companies with foreign capital would be treated no differently than local companies, and that the free transfer of profits would be protected. Today, Turkey has one of the most liberal foreign investment regimes in the world.

The Turkish Prime Ministry created the Investment Support Agency (ISPAT) in 2005, to attract FDI to Turkey and to assist foreign Investors in selecting expansion sites and in facilitating their business development activities.

A new local Agency, the Izmir Development Agency (IZKA), was created in 2008 to act as a "one-stop shop" for investors to help increase their competitiveness and open their businesses to new markets by investing in Izmir. IZKA will provide all international investors, free of charge, with (1) consultation during each step of the investment process, and (2) coordination and follow-up on official licenses and permission applications with local government.

IZKA incentives and grants are continually being amended to reflect location, scale and the subject of investments. These incentives may include State Aid for Exports, Training Supports, R&D Supports, Incentives on Employment, Incentives for Large Scale Investments, etc.