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S.Korea's Tobacco Giant Opens First Overseas Plant In Turkey 

South Korea`s top tobacco company Korean Tobacco & Ginseng (KT&G) has opened on Thursday a factory in Turkey which is the first overseas plant of the company.

KT&G plans to produce two cigarette brands at its plant in Aegean province of Izmir, company`s chief executive Kwak Young Kyoon said at the opening ceremony.

The plant, which has the capacity to produce 2 billion cigarettes a year, will ship 60 percent of its production to central European and Middle Eastern countries, mainly to Iran, Bulgaria, Hungary and Spain.

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