ALJ is planning long-term sustainable investments in Turkey by creating a local holding to consolidate all its existing and future operations under one umbrella. ALJ plans to make Turkey its second largest market
Saudi Arabia-based ALJ group is planning a $1 billion investment in Turkey after inspections in the energy, tourism and real estate sectors. ALJ currently distributes Toyota cars in Turkey and plans to consolidate all its local businesses under one holding.
Toyota Marketing and Sales and ALG Holding Chairman and Chief Executive Officer (CEO) Ali Haydar Bozkurt said at a press conference that they have established ALJ Holding AŞ, a local holding, and have begun to build their team and will open their office in Maçka, Istanbul in a few months.
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