Mercedes-Benz to Invest 113 Million Euros to Double Turkey Plant Capacity
Published On Feb 11, 2016
Mercedes-Benz plans to double the production capacity of its truck manufacturing plant in the Turkish central province of Aksaray. The company has set aside a massive investment of 113 million Euros for this project, and expects to have it finished by 2018. Upon completion, the plant would host 3000 workers, nearly double the current number of 1800.
The company also held a ceremony for the new investments, which was presided over by Fikri Isik, minister of Science, Industry and Technology of the Turkish government. Mr Isik emphasised Turkey's leading position in terms of commercial vehicle production on a global scale, and also highlighted the country's vast potential in the auto-sector
As he spoke, Mr Isik also added that the star-brand pumps a whopping $6 billion into its research and development area worldwide, and that it holds a pivotal R & D centre in Turkey as well. He underlined his aspiration for Turkey to become a focal point not only for production related activities, but also in other crucial fields such as research, development and design.
Stefen Baasner, the Financing and controlling director for Mercedes Benz also spoke during the event, laying hopes that the new development would boost exports for the company. He also displayed pride at Mercedes-Benz having secured the leading position in the heavy duty region of Turkey for an unabashed 14 years.
Mercedes-Benz runs two major production plants in the Turkey, with one in Aksaray and another in the booming cultural metropolis of Istanbul.
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