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South Korean group to invest in Turkey

Posted on 29 June 2012

Istanbul, 28 June 2012 – The South Korean group LG Corp is looking to set up in Turkey according to Calvin Cho, LG Turkey President. “LG has been mulling production in Turkey for a long time. The new investment incentives are very encouraging in this regard” said Cho. According to Cho, Turkey’s qualified labour and growing economy were major facts in LG decision adding “The feasilibity study is almost over. The investment decision is due within the next 3 months”. Source: Invest in Turkey

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