Minister of Industry and Technology Mehmet Fatih Kacır, Chinese automotive giant BYD He gave the good news of a new investment after the agreement made with .
Minister Kacır participated in the live broadcast on CNBC-e, “We have signed one of them. There may be a possibility of signing another one soon. It would not be a surprise.” he said.
Minister Kacır gave the good news
Minister Kacır touched upon the importance of the agreement made with BYD and said:
“The agreement we signed at the beginning of the week has been a new source of hope for all of us. As Turkey, we are a very strong player. We are the third largest manufacturer in Europe. A total of 13 brands continue their production activities in Turkey. Recently, China has been on an undeniable rise at the global level. Electric vehicles are important China has become the world leader in investments in battery technologies. 25 million of the 40 million electric cars are in China. We shared how the brands that have invested in Chinese manufacturers in Turkey are increasing their capacity step by step. One of them is BYD. BYD is a world leader in this field. We wanted BYD to be in Turkey and we signed the agreement on Monday.
Minister Kacır explained the steps taken to increase Turkey’s competitiveness. “I said that we have reached the final point with two brands in the last month. We have signed with one of them. There may be a possibility of signing with another in the near future. There will be no surprises. We will take steps to accelerate foreign direct investment. We are not a country that will agree to follow other countries.” He summarized it with these words:
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