Chairman of the Bursa Chamber of Commerce and Industry (BTSO), İbrahim Burkay, has announced plans to establish two new logistics centers within the framework of the TEKNOSAB project, in line with Türkiye’s high-tech investment goals. Burkay stated that the logistics centers, to be funded through a "Venture Capital Investment Fund" model, will require an estimated investment of $170 million. Additionally, BTSO aims to take a significant step towards Bursa’s technological transformation by initiating solar cell production in the renewable energy sector.
Historic Projects for Bursa’s Economy
Speaking at BTSO’s Regular Assembly Meeting in May, held at the Chamber's Service Building, İbrahim Burkay outlined transformative projects for Bursa’s economy. He highlighted that the groundwork for these projects began in 2016 and is now coming to fruition. The TEKNOSAB Logistics Park Project, envisioned as South Marmara's largest logistics hub, will be implemented at two separate locations within TEKNOSAB.
The Logistics Park will feature two zones covering 173,600 square meters and 89,000 square meters, respectively. Burkay shared the project's details:
• Facilities will include truck and trailer parking areas, customs zones, warehouses, social amenities, administrative offices, and rest areas.
• Equipped with advanced infrastructure, such as security systems and license plate recognition, the park will have over 300 loading ramps and spaces adhering to international logistics standards.
Located strategically, the park will be 30 kilometers from Bursa, 75 kilometers from Bandırma Port, and 50 kilometers from Gemlik Port.
"All BTSO Members Can Invest in This Project"
Burkay emphasized the swift implementation of TEKNOSAB, which, despite an average 12-year timeline for industrial zone development in Türkiye, was completed in just four years, including land acquisition and infrastructure. The Logistics Park, designed with a novel business model, will be executed through the TEKNOSAB Logistics Venture Capital Investment Fund. This fund will also invest in shares of TEKNOSAB Logistics Park Inc., the entity responsible for construction and operations. Key points of the investment model include:
• Priority investment opportunities for TEKNOSAB investors and BTSO board members.
• Shares available to Turkish businesses, pension funds, and domestic and international qualified investors.
The project, estimated at $170 million, will cover 262,600 square meters and is expected to be completed within 30 months. Burkay added, “This is a business model that will benefit all 55,000 BTSO members and will contribute significantly to Bursa’s economy.”
"5 GW Solar Cell Investment to Propel Green Energy"
Burkay also underscored the immense potential of green transformation in the global economy. He highlighted that while growth in conventional sectors remains limited, the renewable energy sector has witnessed growth rates of up to 6,000%. To capitalize on this trend, BTSO established BB Solar two years ago and is working on 12 business models for solar cell and module production in Bursa.
Collaborations are ongoing with Türkiye’s Ministry of Industry and Technology to secure incentives for this project, which plans to achieve an initial capacity of 2 GW, ultimately reaching 5 GW. “We are in talks with leading international companies to strengthen this project,” Burkay noted.
Opening the Path for Major Industrial Transformation
Burkay emphasized that all BTSO members would have the opportunity to invest in these renewable energy projects, stating:
“Everyone can participate in this project according to their means. When such a major industry, particularly in renewable energy, is established in Bursa, it will lead to the emergence of hundreds of supplier companies, just as we’ve seen with TOGG. TOGG was established in Bursa, and now numerous companies provide parts and services to it. Strengthening the main renewable energy industry in Bursa will ensure our city's role in the economy for the next 50 years.”
Burkay concluded that the BB Solar project will also adopt a Venture Capital Investment Fund model, similar to TEKNOSAB Logistics Park, allowing all BTSO members to invest and benefit from the region’s transformation. |
