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Baykar invests $100 million in Ukraine

Photo: Ukrinform

Baykar has three main investments in Ukraine. One of them is a drone production plant, the construction of which will be completed in 1.5 years.

The Turkish company Baykar, which produces the Bayraktar TB2 combat drone, is investing $100 million in three projects in Ukraine. This was said by Baykar CEO Haluk Bayraktar at the Defense Industries Forum in Kyiv, Ukrinform reports.

According to him, the construction of the drone production plant will be completed within 1.5 years.

“We have three main investments in Ukraine. One of them is a plant. Then we have a service center, as well as a headquarters here… This is an investment worth about $ 100 million, and the process has already started. . The construction has started. It will take about 1.5 years to complete. We plan to have at least 300 people working here. Cooperation will continue,” said Bayraktar.

He noted that the production will be self-sufficient, environmentally friendly and mutually beneficial, because Ukraine has unique technologies for the production of machines, and the Turkish side has drones on which the these machines.

“We also face some challenges. This is the supply chain, the search and development of human capital through the impact of the war and the regulatory environment, especially the policies that will support these investments,” said the leader of the Turkish company.

He added that the current war has become a war of unmanned aerial vehicles, and Ukraine has some advantage in this, especially due to the use of various types of devices, although it is difficult to implement. Feedback on technology use from the military is especially important under such conditions. That is why the “bayactors” used in Ukraine are equipped with a number of unique systems.

Baykar’s CEO noted Ukraine’s support. According to him, all donations from both the Baykar company and Ukraine and Poland were used, in particular, for the purchase of radar systems. The total amount of these donations reached $106 million.

We remind you that 38 companies from 19 countries have joined the Defense Industries Alliance.

Earlier it was reported that Ukraine and the United States will develop a plan for joint production of weapons, including air defense systems.


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Source: korrespondent

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