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Adana Yumurtalık Free Zone will be operated by Toros until 2030

With the agreement concluded between Toros Agri (Toros Tarım) and the Ministry of Trade, the operation period of Adana Yumurtalık Free Zone that will expire in 2020 has been extended until 2030. The free zone is expected to become an important industry and export center in the fields of chemical and petrochemical industries in the upcoming years.

The agreement of Toros Agri that undertook the establishment and operation of Adana Yumurtalık Free Zone (TAYSEB) within the framework of the Build-Operate-Transfer model in 1990 has been extended by the Ministry of Trade until 2030. In addition to the investments requested by the ministry, any other additional investments and requirements that may arise in relation to the development of the zone will also be made and realized by Tekfen Group within this period.

The investment planned in order to reduce the energy costs of free zone users constitutes the most important one of such commitments. The works for construction of a 154 kV switching substation in order to improve the competitive strength of locally-operating investor companies in the external markets and to provide lower-cost electricity are ongoing. In addition, there are initiatives commenced for bringing natural gas to the free zone.

Project design and planning activities related with the administrative and service buildings, dining hall, infirmary, fire house and modern automation system investments have been started, considering also the requirements that may arise in future, in order to allow TAYSEB to attain a more modern structure. The maintenance and repair of the existing infrastructure, the landscaping works, an the new road and infrastructure construction works will also be carried out according to the investment schedule submitted to the Ministry of Trade.