Turkish-German entreppereneur plans to produce small planes
A Turk living in Germany has plans to produce small airplanes by investing €30 million in Turkey. Koc Consulting Chairman Aydogan Koc, who studied space engineering in Germany, is now preparing to make Turkey a small plane production hub. Saying he expects to establish a company early next year, Koc gave a target of delivering the first planes some 10 months later. Producing 150-200 planes, he wants to win a 2-3 percent stake of world small plane production, he said. "We have German partners, but we're also open to offers from Turkish companies," Koc said. He added that they will seek research and development incentives from Turkey's Industry and Trade Ministry. Koc worked for many years at top positions at Airbus and Eurofighter, and also serves on the Turkish-German Chamber of Commerce and Industry.