ANKARA - Anatolia News Agency
Industry Minister Nihat Ergün (C) opens a large dyeing plant of MAN in Ankara. AA photo
The new incentive system will help MAN boost its truck and engine investments, Industry Minister Nihat Ergün said during the opening ceremony of the auto company’s new 15 million euro facility.
“We have adopted crucial laws and begun extending support to research and development. During this process, MAN also established a research and development center,” Ergün said.
“Turkey will take important steps in the automotive sector. It produces 1.2 million vehicles every year. By 2023, we intend to produce 4 million vehicles in Turkey every year” he said, adding that MAN and Volkswagen should play an important role in the production of these 4 million vehicles.
MAN’s 15 million euro dyeing facility is in Ankara’s Akyurt town.
The minister said Volkswagen was also expected to make a new investment in Turkey for an automobile.
MAN Truck & Bus board member, Carsten Intra, said Turkey was hosting the company’s first investment outside Germany. MAN and Volkswagen have also launched a new joint project, he added.