American company invests 100 million dollars in Turkey

American investors continue to show increasing interest in Turkey.

According to Arda Ermuta, head of the Investment Authority in Turkey, US company WABCO announced its plans to invest $ 100 million in the Turkish economy. The company plans to purchase various goods from 32 Turkish companies for this amount in the next few years. In addition, Wabco plans to build a new logistics center in Turkey.

According to representatives of Wabco, the purpose of the investment is to support the export of Turkey and to reach a new level of trade relations.

WABCO is a provider of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles.

16th october 2018

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