Project Description
Turk Demir Dokum (TDD), a leading producer of heating appliances in Turkey and a member of the Koc Group, has requested IFC to support a 55 million euro investment program in Turkey. The proposed project consists of:
- the expansion of TDD’s panel radiator plant and combination boiler plant at Bozuyuk;
- the modernization and investments in new product development, including solar-energy powered water heating systems; and
- working capital, project contingencies and some debt refinancing.
While TDD’s main manufacturing facilities are located in both Inegol and Bozuyuk in central Anatolia, this project will be implemented at the Bozuyuk plant.