2/12/2019

Japanese Secom Enters into Turkish Market

Japanese technology giant Secom and Turkish financial technology company Aktif Bank, a subsidiary of Çalık Holding, have jointly announced the establishment of Secom Aktif Yatırım A.Ş., a 50:50 partnership that will offer end-to-end security solutions to companies and individual users with its turn-key project models.

 

Addressing the audience at the launch meeting, Investment Office President Arda Ermut said that the strong bonds of fraternity between Turkey and Japan will move one step closer with the Secom-Aktif Bank deal. “As of 2018, trade volume between the two countries stood at USD 4.6 billion. Japan's total FDI in Turkey is around USD 3.2 billion, and during 2011-2017, 45 M&As by Japanese companies took place around Turkey. Today, there are over 200 companies with Japanese capital in Turkey. We are cognizant of the need to bring in new companies, and we are more than pleased to be adding one more to the list today,” said Ermut.

 

Secom President Yasuo Nakayama also said; “In line with our road map, we were in search of a potential country to which we could take our international operations. We ended up with Turkey as our 19th overseas destination as Turkey stands out not only with its geopolitical significance but also with the advancement in its economic growth potential stemming from the rise of its working population.”

japan; turkey; investment; secom; aktifbank

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