By Zhu Wenjun
Recently, Murat Kokoglu, CEO of Koksan Group from Turkey, and his delegation visited Nantong.
Koksan Group is a well-known polyester material production enterprise in Turkey and even the Middle East Region. It has 5 manufacturing bases over the world. In July 2024, the group planned to develop a green polyester new material project in Rudong County. Its total investment is over 700 million US dollars, which was a record high for Turkish companies’ investment in China in recent years. The phase 1 project is expected to be put into operation in the second quarter of next year.
Wu Xinming, Secretary of CPC Nantong Committee, welcomed the arrival of Murat Kokoglu and his delegation. He said that since the project settled, the construction of the project has made rapid progress. Nantong is one of the cities with the greatest development potential in the Yangtze River Delta, and it is increasingly favoured by domestic and international investors. He hopes that Koksan will strengthen its confidence in its development in Nantong, continue to strengthen cooperation in fields including green industries and green technologies, and work together to make more development achievements.
Murat Kokoglu said that the high-quality resources, good business environment and booming development trend of Nantong have left a deep impression on him. They will make every effort to accelerate construction of the project and play a bridging role, to build bridges between Nantong and relevant key areas of Turkey in economic and trade exchanges, sister city exchanges, etc., to help Nantong achieve high-quality development.