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Wednesday, June 04, 2008

the istanbulr | South Korean giants have faith in Turkey for investments

"South Korean giants have faith in Turkey for investments
By Sam ⋅ June 4, 2008 ⋅ Email this post ⋅ Print this post Print this post ⋅ Post a comment

Representatives of South Korean multinationals Hyundai Rotem and the SK Group have said they have confidence in the Turkish economy and will proceed with their planned investments in the country despite fluctuations in the market.

Turkish State Railways (TCDD) General Manager Suleyman Karaman met with Hyundai Rotem CEO Yeo Sung Lee during his visit to Seoul to see the first diesel locomotives that TCDD had ordered from Hyundai Rotem. The latter produces railway vehicles, defense products and plant equipment."

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