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Chery is very close to setting up a factory in Turkey: negotiations have entered the final phase!

  • October 1, 2024
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After BYD’s $1 billion investment, it was rumored that other Chinese manufacturers could also establish factories in our country. Chery was the company that distinguished itself most in

After BYD’s $1 billion investment, it was rumored that other Chinese manufacturers could also establish factories in our country. Chery was the company that distinguished itself most in this regard. Just a few days ago, we saw that President Erdoğan and Minister of Industry and Technology Mehmet Fatih Kacır met with the President of Chery International. This meeting showed that the investments could take place very soon.

Now another development has occurred that further strengthens the investment claims. A Turkish official speaking to Reuters said: Investment discussions with Chery He confirmed what he did.

The negotiations have entered the final phase

According to the statements of the official whose name was not shared, there is an agreement between Chery and Türkiye It is now in its final stages. He states that it is not yet clear when the agreement will be completed.

The fact that it is in the final stages indicates that the investment in Chery could be announced and implemented soon. After BYD, Chery is also in our country. you have set up a factory There’s a good chance we’ll see it. Chery would normally open its first factory in Europe in Spain, but after the extra tax from the EU, 1 year postponement had made the decision.

Source: Web Tekno

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