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TSKB inks USD 220m green credit deal with JBIC

TSKB inks USD 220m green credit deal with JBIC

The Industrial Development Bank of Turkey (TSKB) signed a credit agreement worth USD 220m with the Japan Bank for International Cooperation (JBIC) with an aim to support renewable energy projects. In a written statement, the TSKB emphasized its efforts to combat climate change, with General Manager Ece Boru saying that the bank has contributed to...

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Japanese Kaga to set up a new production plant

Japanese Kaga to set up a new production plant

Kaga Electronics, a Japanese company that already has a factory in northwestern Turkey for the manufacture of air conditioner parts, is also shifting some of its printed circuit board production to the country. The firm plans to set up a new factory in the country, which will start production in 2022 in addition to its...