17:14 - 5.07.2024

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July 5, Fineko/abc.az. Chinese company BYD is investing $1 billion in Türkiye.

ABC.AZ reports, citing Bloomberg, that Turkish Minister of Industry & Technology Mehmet Fatih Kajir said that negotiations on BYD and Chery investments in Türkiye are ongoing.

The plant will be built in Manisa, one of the important cities of the automotive industry.

President Recep Tayyip Erdogan is also expected to attend the ceremony.