Turkish PM, Iraq's Hashimi open Borusan facilities in Bursa

Erdogan said that 850 people would be employed in the facilities.

Turkish PM, Iraq's Hashimi open Borusan facilities in Bursa

Turkish Prime Minister Recep Tayyip Erdogan and Iraqi Vice President Tariq al-Hashimi inaugurated the facilities of Borusan Holding in free trade zone in Gemlik town of the northwestern province of Bursa on Sunday.

Erdogan said that 850 people would be employed in the facilities, expressing belief that the number would rise in the future.

Erdogan noted that the holding invested 450 million USD in Gemlik facilities, adding that this investment increased to 550 million USD with six port cranes in the facility.

He said that Borusan Holding, together with its German partner, would make an investment of three billion USD within the next ten years.

Erdogan said that the government's target was to make Turkey one of the top ten economies of the world by 2023.

The origins of Borusan, which is one of the leading industry and service groups in Turkey, date back to 1944 when Istikbal Ticaret was founded. Borusan's primary business interests include steel, distributorships, logistics, energy, and telecommunications.


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Last Mod: 07 Haziran 2010, 11:26
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