12/3/2008

Ozilhan: Isuzu investment is not affected by the crisis

Sabah – Tuncay Ozilhan, CEO of Anadolu Group, has stated that they have not given up the pickup truck production project that will be carried out in Turkey with an investment of $50M that will be made by the Japanese Isuzu within the scope of Anadolu Isuzu. In his interview given to Reuters during the Turkish-Japanese Business Council meeting held in Istanbul, Ozilhan has stated that Isuzu’s investment process in Turkey is proceeding in an environment marked by the suspension of investments originating from the shortage of cash in the global markets and added the following: “The crisis has not affected the steps to be taken with relation to the investment. Capacity increase and including the new investment to the already existing production line, are among the objectives envisaged."