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01 Mar
10:45

Borusan announces $1.4 billion investment over three years

Turkey’s Borusan Group will invest a total of TRY 63 billion ($1.4 billion) over the next three years, of which $500 million is planned for 2024, its chief executive tells Turkish daily newspaper Dünya. “The largest share of the investment will be in flat steel, and significant import substitution will be achieved with this investment,” Erkan Kafadar is quoted as saying. Of the total, TRY 31.2 billion is planned to be invested in production…
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