The German company is in the final stage of negotiations on the construction of a new multi-brand plant in Turkey, said the head of production VW Andreas Tostmann.
Top Manager expects that the negotiations with the Turkish government will be completed in 2 weeks or “perhaps sooner.” Sources close to the company told Reuters that investment in the construction of the new plant will be more than 1 billion euros.
“We are in the final stages of negotiations with Turkey,” said Totman reporters in Berlin on Thursday.
Sources said that the planned capacity of the enterprise will make 300 thousand cars a year. It is planned to collect Volkswagen Passat and almost identical model of the Czech brand Skoda Superb. All the cars will be exported to Eastern Europe.
It is also reported, in Manisa, near Izmir in Western Anatolia, will be about 4 000 new jobs, and construction could begin in late 2020. it will be finished by 2022.
Earlier this month, production Manager Skoda Michael Recklaus said that the VW Group will decide on the plant by the end of October.
They say that Turkey is a priority location for the construction of the plant of the concern, but reportedly considered another place – in Bulgaria. VW is concerned about the high Turkish taxes on larger cars, which limit most buyers and local manufacturers with smaller engines.
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