Important Statement from Manisa OSB President: Has the BYD Investment Been Delayed?

Latest Developments from Manisa OSB

The President of Manisa Organized Industrial Zone (OSB) made striking statements regarding the investments of the electric vehicle manufacturer BYD in the region. The president indicated that the company’s investments are not progressing as planned and linked this to current developments in the sector.

Reasons for Investment Delays

The president stated that supply chain issues at BYD's branches in different countries and the economic effects of the pandemic have directly impacted this situation. Additionally, problems such as the global chip crisis and raw material shortages have negatively affected the timing of investments. He also hinted at possible revisions in BYD's strategic planning.

Manisa's Investment Appeal

The attractive opportunities and large land areas offered by Manisa OSB were among the factors that drew BYD's interest. Reminding that the OSB caught attention with a growth rate of 20% in 2020, the president emphasized that the region could host more electric vehicle production centers in the future.

Next Steps

The president noted that they are closely monitoring the current status of BYD's investment and are in constant communication with the company officials. He believes that this situation is important for Manisa's economic development. He expressed confidence that the necessary steps would be taken to expedite the delayed investments.

In Conclusion

Developments regarding BYD's investments in Manisa OSB are critically important for increasing the region's production capacity and employment. The president added that they hope to accelerate this process by working together with all stakeholders.