# TOMTAŞ to revive historic aircraft factory with $200 million investment

TOMTAŞ, Turkey's historic aircraft factory, is being rejuvenated through a joint venture involving ASFAT, TUSAŞ, and Erciyes Teknopark, backed by a $200 million investment. The project aims to create 2,000 skilled jobs and establish an aviation and aerospace technology hub in Kayseri.

- Type: Investment
- Announced: 2023-08-03
- Where: Kayseri, Türkiye
- Value: $200.0M
- Jobs: 2,000
- Starts operating: Sep 2023
- Status: announced
- Products: aircraft, aviation components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [TOMTAŞ](https://endata.com/companies/71820.md)
- [TUSAŞ](https://endata.com/companies/69888.md) (partner)
- [ASFAT](https://endata.com/companies/70783.md) (partner)
- [Erciyes Teknopark](https://endata.com/companies/71821.md) (partner)

## Sources

- [en.yenisafak.com](https://en.yenisafak.com/turkiye/tomtas-takes-flight-again-reviving-turkiyes-historic-aircraft-factory-with-ambitious-aerospace-vision-3668194), 2023-08-03: "TOMTAŞ, Turkey's historic aircraft factory, is rejuvenated through a substantial $200 million investment and a vision to create a thriving aviation and aerospace technology hub in Türkiye."

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