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Robert Bosch GmbH, the world’s largest auto-parts maker, will build a car engine production plant in the Turkish capital of Ankara for as much as $300 million, Dunya said, without saying where it got the information.
Bosch held talks with government officials in Ankara in April after finding land for the plant, the newspaper said.
Bosch, which already has brake production plants in Manisa and Bursa provinces in Turkey, will make Turkey its engine production hub for Europe including Russia, the newspaper said.
To contact the reporter on this story: Ercan Ersoy in Istanbul at eersoy@bloomberg.net
To contact the editor responsible for this story: Benedikt Kammel at