EBRD Deepens Commitment to Turkey With Record 2025 Investments

The European Bank for Reconstruction and Development (EBRD) once again positioned Turkey as its largest country of operations in 2025, underlining the country’s strategic importance and long-term growth potential. Throughout the year, the Bank invested in 54 projects across Turkey, with a strong emphasis on private-sector-led growth. Notably, 91% of total investments were directed toward the private sector, reinforcing EBRD’s long-standing approach of fostering market-driven development.

In financial terms, EBRD’s investments in Turkey reached a record 2.7 billion euros in 2025, surpassing the already high level of 2.6 billion euros recorded in 2024. This upward trend reflects both Turkey’s substantial investment needs and the Bank’s confidence in the country’s economic resilience and future prospects.

Speaking on the scale and focus of these investments, EBRD Turkey and Caucasus Managing Director Elisabetta Falcetti highlighted that 2025 financing activity mirrors Turkey’s strong investment demand and its long-term potential. She emphasized that international financing was mobilized across a wide spectrum, ranging from private sector transactions to green transformation, digitalization, and human capital development. In addition, she stressed that post-earthquake recovery efforts remain among the Bank’s top priorities, signaling continued support for regions affected by the devastating 2023 earthquakes.

One of the most prominent transactions of 2025 was the 315 million euro syndicated loan provided to Fraport TAV Antalya Airport. Designed to refinance a short-term bridge loan, this deal stood out as EBRD’s largest syndication transaction in Turkey during the year. The operation not only strengthened critical transport infrastructure but also demonstrated the Bank’s ability to mobilize large-scale international financing for strategic assets.

EBRD’s commitment to earthquake-affected regions has also exceeded initial expectations. Over the past three years, the Bank invested a total of 1.6 billion euros in areas affected by the 2023 earthquakes, exceeding its original pledge. In 2025 alone, 195 million euros were allocated to infrastructure projects in Adıyaman and Hatay, while Mersin Municipality received 45 million euros in financing to support local development and resilience.

Sustainability and inclusivity remained central pillars of EBRD’s strategy in Turkey. In 2025, 66% of the Bank’s investments were dedicated to green transformation, underscoring its commitment to climate action and decarbonization. At the same time, 61% of investments supported equal opportunities for women, reflecting EBRD’s focus on inclusive growth and social impact.

Several flagship projects illustrated this dual focus on sustainability and inclusion. Enerjisa Enerji Üretim secured a 200 million US dollar loan to finance a 250 MW wind power plant, strengthening Turkey’s renewable energy capacity. In the industrial sector, Çimsa and Çimko benefited from targeted financing aimed at decarbonization and lower-emission production processes. Another major milestone was the launch of the third Turkey Green Economy Financing Facility (GEFF III), with a volume of 1 billion euros, designed to accelerate green investments across the economy.

Beyond energy and infrastructure, EBRD continued to prioritize human capital development and inclusive growth. Financing programs targeting young people, women entrepreneurs, and small and medium-sized enterprises (SMEs) remained key tools for boosting productivity, innovation, and employment. These initiatives aim not only to support businesses financially but also to strengthen skills, entrepreneurship, and long-term competitiveness within the Turkish economy.

Since beginning its operations in Turkey in 2009, EBRD has maintained a strong and consistent presence in the country. Over this period, the Bank has committed more than 23 billion euros in total investments, predominantly focused on the private sector. This sustained engagement positions Turkey as one of EBRD’s most important partner countries and highlights the Bank’s role in supporting structural reforms, sustainable growth, and economic resilience.

As Turkey continues to navigate global economic uncertainty, climate challenges, and post-disaster reconstruction, EBRD’s record-level investments in 2025 send a clear signal of confidence. With a strategy centered on green transformation, private sector growth, and inclusive development, the Bank’s expanding footprint underscores Turkey’s significance in the regional and international investment landscape.