and posted in Technology, Business

The Chinese ُE-commerce giant Alibaba Group announced that it informed Turkish President Erdogan that it plans to invest two billion dollars in the country, while Erdogan invited billionaire Elon Musk to open a factory for his company “Tesla” in Turkey.

The company’s president, Michael Evans, said – in statements during a meeting with Erdogan – that Alibaba invested $1.4 billion in Turkey through its Trendyol unit, one of the most famous e-commerce platforms in Turkey.

The Turkish President is visiting the United States to attend the 78th session of the United Nations General Assembly.

Trendyol – whose president Erdogan also met – said that Evans shared details about new investments, such as establishing a data center, another for logistics services in Ankara, and a third for export operations at Istanbul Airport.

Meanwhile, the Turkish Presidency’s Communications Department said that the president invited Musk to open a factory for his company (for electric cars) in Turkey.

The same department quoted Musk as saying that many Turkish suppliers are already working with “Tesla” and that Turkey is among the most important countries nominated to establish the company’s next factory there.