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$485 Million in Financing From the World Bank! Minister ŞImşek Announced: Transformation in Industry Will Be Supported.

Summary by sabah.com.tr
Within the scope of the project to support the green and digital transformation of industry, funds equivalent to $242.5 million will be transferred separately to Türk Eximbank and VakıfBank. Treasury and Finance Minister Mehmet Şimşek stated that with this new financing, the total long-term and favorable external financing secured this year reaches 10...

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Within the scope of the project to support the green and digital transformation of industry, funds equivalent to $242.5 million will be transferred separately to Türk Eximbank and VakıfBank. Treasury and Finance Minister Mehmet Şimşek stated that with this new financing, the total long-term and favorable external financing secured this year reaches 10...

The World Bank has provided Türkiye with $485 million in financing for industrial use. This funding will be used for the Twin Transformation of Industry Project.

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The World Bank will provide $485 million in financing to support the green and digital transformation of industry in Turkey. The funds will be channeled to businesses through Türk Eximbank and VakıfBank. ...Click here for more.

·Türkiye
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Treasury and Finance Minister Mehmet Şimşek stated, "The total amount of long-term and favorable external financing secured this year is $10 billion, and with this loan, our support for the industrial sector will continue strongly."

The World Bank will provide $485 million in financing for the green and digital transformation of industry in Turkey. Treasury and Finance Minister Mehmet Şimşek stressed that the total long-term and conditional foreign financing provided this year reached $10 billion, stressing that support to the industry will continue strongly.

·Istanbul, Türkiye
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Akşam broke the news in Istanbul, Türkiye on Wednesday, October 28, 2026.
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