Decree Announced to Provide Relief for the Logistics Sector

Decree to Provide Relief to Logistics Sector Announced The decree on support for overseas logistics distribution networks has been published in the Official Gazette. Commenting on the matter, Logesa Lojistik founder Esat Karlıdağ stated, "The logistics sector will get a much-needed breath of relief." The decision on Support for Overseas Logistics Distribution Networks was published in the Official Gazette dated 20 April and entered into force. According to the published decree, logistics companies with a minimum area of 5,000 square meters or at least 50 registered vehicles in the relevant country will be able to benefit from this support. The support amount for logistics distribution network establishments meeting the conditions has been announced as 70 percent annually and TRY 60 million. Logesa Lojistik founder Esat Karlıdağ, commenting on the decision, said, "With the published decree on support for overseas logistics networks, the logistics sector will get a much-needed breath of relief." Evaluating the scope of the support, Karlıdağ stated, "According to the published decree, logistics companies with a minimum area of 5,000 square meters or at least 50 registered vehicles in the relevant country will be able to benefit from this support. The support amount for logistics distribution network establishments meeting the conditions has been announced as 70 percent annually and TRY 60 million. This support will provide significant benefit to logistics networks that have been adversely affected as a result of the pandemic and Russia's attack on Ukraine."

"The establishment of freight exchanges approved by the Ministry of Trade is extremely important"

Emphasizing the importance of establishing freight exchanges approved by the Ministry of Trade, Karlıdağ said, "Through this, carriers and cargo owners will meet on the same platform. This will enable many transactions to be completed in a much faster and easier manner. We can say that the state provides significant support in establishing freight exchanges. The state will provide support of up to TRY 3.6 million for the establishment of freight exchanges and development of their technical infrastructure. It is possible to note that this support is at 60 percent. Under the support provided by the state, we can also say that cooperative organizations can benefit from state support for a maximum of 5 years. Of course, each of the decisions made is of a nature that will enable the development of the logistics sector. For this reason, it is possible to say that state support is very special and important." Emphasizing that the logistics sector is the backbone of other sectors, Karlıdağ stated, "Considering that the adversities experienced, especially the pandemic, have deeply affected the sector, it is possible to state that the support to be provided by the state is important. With the provided support, it is possible to say that the sector will gain upward momentum. We believe that the negative effects of the pandemic will be reduced through the provided support. At this point, as a company, we will continue our work with diligence and make important contributions to the development of the sector."