A new crisis emerges in OIZs due to rising rent costs

The inflationary environment in recent years, the increase in interest in organized industrial zones (OIZ) due to the incentives provided by the state, and the limited industrial zone areas have led to serious increases in rent and land costs.

While some companies could not find suitable factories for their new investments, others had to postpone their investment decisions due to price increases. The increases experienced in recent years have led companies to postpone some new investment projects such as R&D, new machinery and products. Industrialists believe that the solution is to create new production areas and allocate them to SME-scale companies under favorable conditions.

Real estate experts, on the other hand, stated that the shortage in supply has pushed prices up: "There have been serious demands in the organized industrial zones due to the incentives provided by the state for the last two years, and with the formation of demands, there has been a shortage in supply, so the prices have automatically started to rise, and now our industrialists are very complaining about not finding a place and increasing land prices. Some industrialists have turned to rental factories with the increase in land and construction prices, and in this case, the prices of rental factories are increasing day by day with the formation of demand." They say that it may become impossible to establish new factories if the increases in prices continue. Recently, industrial land and factory sales figures have increased by 100% in the Çerkezköy region."