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Establishment |
ISBAS was established
on 21.01.1991 pursuant a Ministers Cabinet Decision
No. 91/1409, within the boundaries of Çatalca,
Istanbul on a specified 387,500 square meter land
area. The project for the development of the Free
Zone was initiated in February 1998.
İstanbul Thrace Free Zone
Inc. (ISBAS) is the first privately owned free
zone development and operating firm in Turkey
which offers the title deed ownership to its investors.
ISBAS is aiming to play an important role in fostering
the Turkish economy through the development of
Free Zone Project offering spaces in 350,000 square
meter covered areas, 2 large plazas, warehouses,
open areas and high technology based infrastructural
services.
Corparate |
ISBAS
Vision: To promote
and spread free zone applications across the country
and to assume the leadership in free zone development
and operations and to become a major and modern
industrial park in Turkey.
ISBAS
Mission:
To inform all investors, producers and foreign
trade entrepreneurs about free zone operations,
opportunities and advantages.
To contribute in the development and increase
of foreign trade and particularly exports.
To speed up foreign investment
process, promote transfer of capital and technology.
To increase international competitiveness of Turkish
companies and their products.
Hence, to increase ISBAS's volume of business
and its profitability.
ISBAS
Strategic Goals: To
become a preferred Free Zone in the country and
within the geographic area.
To attract international companies, which will
bring high technology, thus increasing international
competitiveness of the country.
To provide the best possible service to the investors
in the Zone for their success.
To reach 10 billion USD trade volume in the next
five years and create an employment level of 10,000
people in the Zone at full capacity.
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