100 MILLION DOLLARS OF INVESTMENT FROM ISKUR TO DIYARBAKIR

100 MILLION DOLLARS OF INVESTMENT FROM ISKUR TO DIYARBAKIR

Iskur Group, based in Kahramanmaras, established a cotton yarn factory that costed approximately 100 million liras. The company which plans to make a total of 100 million dollars of investment within the framework of attraction hubs program will have more than 2 thousand employees when the factories it plans to finish by 2019 start to operate.

Following its investments in Kahramanmaras, the Iskur group heads for Diyarbakir upon the investment package announced in 2012. The company which decided to make investments in Diyarbakir which is situated in the 6thZone, completed the cotton yarn factory in 2014 and recruited 330 people.

THE FIRST COMPANY COSTED 100 MILLION LIRAS

The general manager Ekrem Kul stated that their company operates in the textile field and they produce 100&49; raw cotton yarn using 100&49; cotton raw material. Kul who expressed that they are in a supplier company position, said “This kind of factories are big investments; our investment here is around 100 million liras. As a result of this investment we recruit 330 people in total. The important point here is the fact that rather than recruitment, we opened a door here. I hope in the future we will have more investments.”

“OUR GOAL IS TO RECRUIT MORE THAN 2 THOUSAND PEOPLE BEFORE 2020”

Kul who affirms that they saw the potential of Diyarbakir upon having started to operate in this city said: “With the cotton yarn factories to be put into effect, in medium term, meaning within 3 to 4 years by 2020, we are planning to increase the number of our employees to more than 2 thousand. We are going to design this with the new businesses we will establish with high level technologies. With two cotton yarn factories and a confection factory, we will have made a total of 100 million dollars of investment, which equals to 350 – 370 million liras. Moreover, we will have reached over 2 thousand employees.””

“DIYARBAKIR IS A GREAT ALTERNATIVE”

Kul who emphasizes that it is not correct to be directed by perceptions without having actual information concluded his speech as follows: “Diyarbakir is the oldest city of Anatolia, however there was a negative perception about it. At this point, uniting our former friendships with the hospitable people ofDiyarbakir, lead it to be a more sociable city. So, Diyarbakir emerged as a great alternative for us in terms of its location which is close to raw materials, ports etc. and we materialized this business. We expect to materialize more businesses here. There is a great potential here both in terms of raw material and work power.”