# ZTT Group to invest $110M in cable factories in Turkey

ZTT Group announced plans to invest $110 million over two years in Turkey, including $65 million in the first stage to purchase three existing cable factories in Bursa, Bilecik and Eskişehir, and to build new facilities in Eskişehir and Gemlik. The company will manufacture high and extra high voltage cables.

- Type: Investment
- Announced: 2018-03-07
- Where: Bursa, Bilecik, Eskişehir, Gemlik, Turkey, Türkiye
- Value: $110.0M
- Status: announced
- Products: high and extra high voltage cables, submarine power cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ZTT](https://endata.com/companies/16248.md)

## Sources

- [ruscable.ru](https://www.ruscable.ru/news/2018/03/07/Chinese_ZTT_Group_to_invest_110M_in_Turkey_in_two_/), 2018-03-07: "We have taken steps to produce extra high voltage cables used in electricity transmission in Turkey."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.