Türkiye Boosts High-Tech Investment Loans to TL 500B
erdogan
President Recep Tayyip Erdoğan announced a major expansion of Türkiye’s high-tech investment loan program, increasing its size by 70% to TL 500 billion (approximately $12.65 billion). The initiative, overseen by the Central Bank of the Republic of Türkiye (CBRT), is part of a broader push to support medium-high and high-tech industries through targeted financing.
Speaking to lawmakers from the Justice and Development Party (AK Party) in Parliament on Wednesday, Erdoğan detailed that the Advance Loans Against Investment Commitment (ALAIC) program will grow from its current TL 300 billion allocation, in a bid to accelerate strategic investment in technology-intensive sectors.
Launched in 2023, the ALAIC scheme has aimed to support projects with a minimum investment size of TL 1 billion, provided the projects meet certain strategic and technological evaluation benchmarks. The funding is offered via intermediary banks, and investors benefit from a two-year grace period and up to 10 years in loan maturity.
The CBRT had previously allocated TL 300 billion across three years, setting a yearly cap of TL 100 billion. The recent increase to TL 500 billion is designed to give a significant boost to Türkiye’s innovation ecosystem, helping qualified firms scale up with greater financial backing.
