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Turkish Technic Eyes Investment in the Asia-Pacific Region

Turkish Technic توركيش تكنيك Arun Sivasankaran - : Jul 13, 2021 - : 8:02 pm

After its major investment at Istanbul Airport, MRO Turkish Technic has started to evaluate expansion opportunities in the Asia-Pacific region, starting with Malaysia.

As part of its strategy of growing in the Asia Pacific, the region expected to see an exponential fleet growth rate, the MRO company has signed a heads of agreement with Sapura Technics, Malaysia-based MRO company. The agreement was signed at a meeting on July 12 in Istanbul that was attended by the Malaysian Minister of International Trade and Industry, Malaysia Investment Development Authority (MIDA) and Malaysia External Trade Development Corporation (MATRADE).

“Without a doubt, aviation and MRO sector are one of the sectors most affected by the pandemic,” said Turkish Airlines Chairman of the Board and the Executive Committee,said İlker Aycı, Turkish Airlines Chairman of the Board and the Executive Committee. “As Turkish Technic, during these challenging times, we aim to distinguish ourselves from the competition in a positive way by increasing our capabilities, expanding our customer portfolio, and continuing our investment and growth efforts without cutting pace. Therefore, we aspire to expand our investments in the Asia-Pacific region, which is the fastest developing region in the world and is expected to have the highest fleet ratio in the near future.”

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