The most important one of the projects planned by Net Group of Companies is Net –Milas Land and Tourism Development Project which is one of largest projects not just in Turkey but in the world as well.

Currently the project concept and the market research and feasibility studies that were based on the data of year 1995 are being revised in accordance with the existing economic data and market conditions. These studies will determine the most efficient way of benefiting from the lands, having a total area of 11.061.899 squaremeters; which consist of the original project land of 4.751.972 squaremeters, the land next to this one (plot number 60) with an area of 4.377.898 squaremeters, 14 different plots of land having a total area of 160.669 squaremeters, allowned by the Net Group, and 21 other plots, leased from the General Directorate of Foundations with a total area of 1.771.360 squaremeters. The subject lands are easily accessible from every point in the world with its location being only 8 kilometers to the Bodrum International Airport opened in 1997.

As a result of these studies, a new concept is defined to include more than 3.000 residences of different size and characteristics, hotel, sports and recreational facilities, educational institutions, health facilities, commercial units and offices. After completion these premises will be able to serve more than 20.000 people during the whole year.

It is expected that the winter usage can be increased seriously with educational facilities integrating with the local/authentic characteristics of the area-such as tourism, cultere, history, archaeology (especially sea archaeology) ecology, botanics, agriculture and eco-agriculture-to create a town living all around the year. The continuity of the life in the town will also be provided by other environmentalistic production activities and commercial and social service facilities which will also increase the employment. The health facilities will provide a comfortable and safe life opportunity to the third age group as well as giving service to the vicinity. The life style at the project site and its proximity to the airport will attract many companies-such as architecture, computer software, etc.-which do not have to be in the metropolis continuously but should not lose contact with it. A technopark will also be available at the site to host these companies.

The 1/1000 master plan of the original project land was approved in 1997 and 760.000 squaremeters of construction right was obtained which is 16% of the land area. The master plan was prepared flexible to take all the possibilities into consideration. The residences, tourism establishments and sports and recreational facilities are planned to be located on this land. The university campus, technopark and health facilities are planned which currently does not have an approved master plan.

According to the time schedule prepared, the fist phase of the existing project will be implemented with several changes and the following phases will be planned, parallel to the development of this phase, in accordance with the new concept suitable to current conditions.

A primary development company will be established together with the strategic partner(s) in order to perform these activities or Halikarnas A.Ş., the major land owner, will be used for this purpose. On the other hand, sub-developer companies, to be established by companies specialized in certain areas, are going to realize their investments on lands provided to them under different methods such as sale, lease, profit sharing allocation or equity partnership in return of capital-in-kind.

Sera-Net, the gardening and landscape architecture company, has been specifically founded to serve the landscaping reguirements of the project and already astablished the largest greenhouse center of the region. More than 100.000 palm trees and other plants have been planted on a land of 1.000.000 sguaremeters and are being grown up to be used in the landscaping of the project and to be sold other establishments in the region.