The first prototype of the Turkish domestic car will be ready in 2019, the Minister of Industry and Technology Mustafa Varank said, Turkish media reported Nov. 12.
The minister said the production of a domestic car will be an important breakthrough in the Turkish economy.
Varank also noted that currently the production of the domestic car is one of the priorities for Turkey.
Earlier, the Turkish "Zorlu Holding" company, together with four other companies which are members of the consortium for development of a domestic Turkish car, presented the first prototype of the vehicle.
The prototype was developed together with the "Vestel Elektronik" company and is entitled "VEO".
Earlier, the Minister of Science, Industry and Technology of Turkey Faruk Ozlu said Turkey will invest $3 billion in creating a domestic car.
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