Page 30 - TURKRptSep22

4.4 Fixed investment
Major Fixed Investment Announcements in Turkey or by Turkish companies abroad
Firm
Sector
Amount
Investment
Capacity
Location
Aug-2022
Southwind Airlines
Airline
-
New route
Tbilisi - Antalya
Georgia
Aug-2022
ikas
Tech/E-commerc e
-
New office
-
Germany
Aug-2022
Amasra Harbour
Port
$4mn
Harbour
-
Bartin
Jul-2022
Kavak (Mexico; SoftBank/Tokyo/9984)
Tech/Automotive
$60mn
New market
Second hand vehicle sale platform
Istanbul
Jul-2022
Emba Hunutlu (Shanghai Electric/China)
Electricity
$2bn
Coal
1,320 MW
Hatay
Jul-2022
Yolda
Tech/Logistics
-
New market
-
Germany
Dec-2051
Fraport(Frankfurt/FRA),TA V(TAVHL)
Airport
€7.25bn
Airport tender
25-year/Terminal expansions
Antalya
Mar-2028
AYGM
Railway
Assystem (Paris/ASY)
Ispartakule-Cerkezkoy (Halkali-Kapikule)
67 km
-
2027
Sisecam (SISE)
Glass
$4bn
Soda plants with Ciner (WeSoda; New York/CINR)
10mn tonnes/year
US
2027
Siemens (Frankfurt/SIE)
Oil
-
Star Refinery,Socar Depolama,Petkim (PETKM)
Energy distribution infrastructure
Izmir
2025
Pegasus (PGSUS)
Airline
-
Airbus (Paris/AIR) 321neo
8 aircrafts
Istanbul
2025
Ford Otosan (FROTO)
Automotive
MoU
Electric vehicle battery plant
30-45 GWh / year
Ankara
(Ford (New York/F), Koc (KCHOL), SK (Seoul/034730))
2025
Ronesans
Petrochemicals
$1.4-1.7bn
Polypropylene plant (Honeywell/Nasdaq/HON; Sonatrach/Algeria; Stolt-Nielsen/Oslo/SNL; SPIE/US/FRANCE; LyondellBasell/New York/LYB; Tecnicas Reunidas/Madrid/TRE; Ravago/Belgium)
0.45mn tonnes/year
Adana
2025
Ronesans
Port
-
New port at polypropylene plant
Stolthaven (Australia)
Adana
2025
Sisecam (SISE)
Glass
€210mn
2 furnace glass plant
0.33mn ton/year
Hungary
2025
Eti Bakir (Cengiz)
Copper-Fertiliser
TRY1.57bn
Plant
15,000-0.25mn tonnes /year
Samsun
2025
Ege Endustri (EGEEN)
Automotive
$50mn
Plant
-
Izmir
2025
Vodafone Turkey (London/VOD)
Telecom
-
Testing process modernization
Amdocs (Nasdaq/DOX)
-
2024
Aselsan (ASELS)
Electricity
EUAS
Wind tribune plant
-
-
2024
Ford Otosan (FROTO)
Automotive
€715mn
Electric vehicles, Puma (SUV), Transit Courier (Van), Tourneo Courier (Kombi)
250,000 units/year
Romania
2024
Goodyear Lastikleri (GOODY)
Tyre
$18mn
Capacity increase
5%
Sakarya
2024
Socar Turkey
Oil
Star Refinery
Capacity increase
11.5mn tonnes/year
Izmir
2024
Sisecam (SISE)
Glass
-
Architectural glass line
1,000 tonnes/day
Kirklareli
2024
Sisecam (SISE)
Glass
€185mn
Frosted glass furnace
0.4mn tonnes/year
Mersin
30 TURKEY Country Report September 2022 www.intellinews.com