6th International Entrepreneurship and Social Sciences Congress, Gorazhde, Bosna-Hersek, 16 - 18 Eylül 2021, ss.78-79
Several parameters play a role in an investor's investment decision-making process. At this stage, a detailed study including legal and social analysis as well as economic analysis, technical analysis and financial analysis is required. Market research, capacity selection and facility location selection are the parts of the economic analysis process. An important issue to be taken into consideration during the selection of the place of establishment is how easy or difficult it is to access raw materials and auxiliary materials, qualified workforce and the market. Determining the right location during the investment decision stage is an important step for ensuring the sustainability of the business in the post-investment processes. Determining different alternatives and selecting the most suitable one among these alternatives is a rational method that can be followed while choosing the plant location.
This study has emerged within the scope of the sectoral studies requested by the Development Agencies General Directorate of Ministry of Industry and Technology of Turkish Republic from the Development Agencies, and aims to select the optimal plant location among the organized industrial zones in the TR72 Region consisting of Kayseri, Sivas and Yozgat provinces in order to produce processed fibre from the raw fibre obtained as a result of hemp cultivation. Unit prices in seven organized industrial zones in all three provinces and incentives for this sector constitute the criteria used to compare organized industrial zones. Determination of the most suitable plant location among the alternatives was carried out by means of Multi Criteria Decision Making Methods consisting of COCOSO, COPRAS and MAIRCA methods. The criteria that form the basis for the selection of plant location were weighted according to the SWARA method.