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New Automotive Investment in Turkey: Negotiations in Final Stage

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Minister of Industry and Technology Fatih Kacır revealed that Chery’s investment has reached the final stage. Kacır also mentioned that BYD will start production in 2026. Minister of Industry and Technology Mehmet Fatih Kacır provided insights on technological and industrial developments during an interview with Anadolu Agency Editor’s Desk. Kacır stated that they are in close dialogue with Chery for the automotive investment and are approaching the final steps of the investment. He also expressed their intention to continue sharing Turkey’s potential with other brands. Key highlights from Minister Kacır’s statements include: They will showcase the first public flight demonstration of Bayraktar TB3 and unmanned combat aerial vehicles like ANKA-3 at TEKNOFEST Adana. We organized 14 technology competitions in the first TEKNOFEST. This year, 1.65 million young people from 790 thousand teams are competing with their projects in TEKNOFEST. The Israeli attacks serve as a historical example that technology not built on ethical and moral values can only lead humanity to disaster. In the upcoming period, one of the first agenda items in Parliament will be legislation regarding the Cyber Security Presidency. We are enhancing our measures to meet the cyber security needs of industrial products. We will take new steps for the control and supervision of devices. (BYD’s investment) Production will commence in 2026, with agreements already signed. The land allocation process in Manisa OSB has been completed, and permit applications for factory construction have been submitted.

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