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FIRST JAPANESE COMPANY INVESTS IN AFZ

“We are very happy to welcome the first Japanese company to the Aegean Free Zone. The Lansinoh Company, which is a subsidiary of the Japanese Pigeon Corporation, made the decision to invest in the Aegean Free Zone” said ESBAS CEO Dr. Faruk Güler.

Lansinoh Company  is the market leader in mother and baby care products and will produce feeding bottle, pacifiers, and breast pumps in their 8,000 sqm building to be constructed in AFZ. The company is operating in more than 50 countries with sales offices in U.S, Germany, UK, Belgium and Turkey. 

"They are targeting 21 million TL in sales and increasing sales to 45 million TL in five years. Operations are expected to start in 2017 with employment of 100. They are also aiming to grow 50% globally. The ground breaking ceremony for the factory building will take place on September 30th in the AFZ,” added Guler.

ESBAŞ plans for more Japanese investors

“Lansinoh Company decided to invest in Aegean Free Zone for the tax advantages, ease in export processing and quality and professional services provided by ESBAŞ. In the near future we plan marketing activities to gain more Japanese investors in the Aegean Free Zone” said Güler.

Güler explained that a forthcoming October business trip to Japan will be organized  with the support of the United Nations Industrial Development Organization, Investment and Technology Promotion Office; Japan Cooperation Centre for the Middle East; Embassy of Turkey , Commercial Office; Izmir Development Agency;   Japan External Trade Organization; The Bank of Tokyo Mitsubishi UFJ and The Japan-Turkey Society. During this upcoming trip, ESBAŞ will get the chance to meet with high level executives of the Japanese companies.  Purpose of this visit is to find high-tech, export-focused Japanese companies to invest in the AFZ.

"We have been working the Japanese market for a while and we see interest from  Japanese investors increasing. In Turkey, 199 Japanese companies are operating. As we have realized, Japanese companies make very detailed research and feasibility studies before investing in any foreign country," remarked Guler.