TURKEY: Chery Executive Hints at Investment in Turkey
Last updated at:Oct-22 07:22By: Hiren Ravji
Turkey
- During a recent presentation, Chery International President Zhang Guibing has hinted at the possibility of establishing a manufacturing base in Turkey, alongside plans for Spain and Italy, as part of the company’s European expansion strategy, Hurriyet report. The Chinese carmaker has been holding talks with high-level Turkish officials for some time, with the newspaper adding that Guibing met with President Erdogan and Turkey’s Industry Minister on the sidelines of an investment event in Istanbul in September.
- Vice President Cevdet Yilmaz will present the 2025 budget bill to parliament at 13:30BST/15:30 local time in Ankara. Meanwhile, President Recep Tayyip Erdogan addresses his party’s provincial leaders at 12:00BST/14:00 local time.
- There are no data releases scheduled for today, nor are there any tier 1 releases scheduled for the remainder of the week.