Minister Bayraktar Opens Three Major Investments Worth $74 Million at KARDEMİR’s 89th Anniversary

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Minister Alparslan Bayraktar visited Karabük and took part in several official meetings, including a visit to the KARDEMİR General Directorate on the occasion of the company’s 89th anniversary. KARDEMİR is Turkey’s first integrated iron and steel factory and remains a key institution in the nation’s industrial landscape.

Three New Projects Inaugurated at KARDEMİR

During his visit, Minister Bayraktar inaugurated three significant investments at KARDEMİR, collectively valued at $74 million. These include the SDM-2 Continuous Casting Machine, a Vacuum Facility, and the Sizing Block project, which aims to ensure consistent product quality. These new facilities are expected to contribute greatly to both the company’s production capacity and the regional economy.

Statements from Minister Bayraktar

Strengthening National Industry

In his remarks, Minister Bayraktar emphasized the importance of a robust and self-sufficient heavy industry for Turkey, especially in light of ongoing global challenges. He stated, “KARDEMİR will continue to empower our nation’s economy and strength in the Century of Türkiye.” The Minister also highlighted the role of KARDEMİR in supporting local employment, noting that as the company grows, its contributions to Karabük and Turkey will increase as well.

Support for Industrialists at Filyos

Minister Bayraktar announced that the southern part of Filyos Port will be made available primarily for manufacturers from Karabük, including KARDEMİR. He underlined the significance of this initiative for regional industry and logistics.

Focus on Affordable and Reliable Energy

The Minister visited various local institutions, reiterating the government’s commitment to ensuring uninterrupted, high-quality, and affordable energy for citizens. He pointed out that recent global events further stress the need for Turkey to become energy independent and to leverage domestic resources.

Community Engagements in Karabük

Minister Bayraktar also met with local tradespeople, visited a taxi stand, and engaged with young people at an event organized by the AK Party Youth Branch. He discussed Turkey’s vision in the field of energy and natural resources, underscoring that energy independence is a matter of national security.

Phone Call with President Erdoğan

During the youth event, Minister Bayraktar connected with President Recep Tayyip Erdoğan via phone. President Erdoğan addressed the audience, describing KARDEMİR as a cornerstone of Turkey’s industrial revival and extending his best wishes to all employees at the facility.

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