Chinese e-commerce giant Alibaba Group Holding Ltd is investing more than $1 billion into a logistics hub at Istanbul Airport and a data Centre close to Ankara, the capital of Turkey. image credit: Google

Michael Evans, president of Alibaba Group Holding Ltd, made the announcement in an interview with Turkey’s Sabah newspaper . image credit: Google

The investment is part of a plan to expand into Europe and the Middle East, with Turkey seen as a strong production base. image credit: Google

The logistics hub at Istanbul Airport is expected to facilitate e-export plans to Europe, the Middle East, and the Far East. image credit: Google

Alibaba is a major investor in Trendily, a prominent e-commerce platform in Turkey. image credit: Google

The selection of Trendyol was due to its advanced technology and its potential to expand. image credit: Google

The intention is to make it a center for both Europe and the Middle East. image credit: Google

The investment of over $1 billion will help improve the infrastructure and enable the growth of e-commerce in Turkey. image credit: Google

The investment is expected to create jobs and help promote economic growth in the region.. image credit: Google

This investment is part of Alibaba’s broader strategy to expand its presence in the global market. image credit: Google