Türkiye to secure $41 billion in long-term project financing: Finance Minister Simsek
Turkish Finance Minister Mehmet Simsek attends the "Protectionism: The End of Globalization?" panel within the 4th edition of the Antalya Diplomacy Forum (ADF2025) in Antalya, Turkiye on April 11, 2025. (AA Photo)
Finance Minister Mehmet Simsek announced Saturday that Türkiye expects to secure approximately $41 billion in long-term, low-cost project financing over the next three years, following a series of meetings with major international financial institutions during his visit to the United States.
In a post shared on his social media account, Simsek highlighted Türkiye’s effective use of development financing and detailed his discussions with key institutions, including the World Bank, International Finance Corporation, European Bank for Reconstruction and Development, Asian Infrastructure Investment Bank, Islamic Development Bank, and European Investment Bank.
Focus on green transformation and inclusive growth
“The resources will be used for green and digital transformation, disaster resilience, infrastructure investments, and inclusive growth projects,” Simsek said, stressing that these initiatives will bolster sustainable high growth and enhance productivity.
“Our goal is for Türkiye to be among the high-income countries,” he added.
Simsek emphasized Türkiye’s commitment to strategic sectors aimed at long-term economic transformation, aligning with global trends toward sustainability and technological innovation.
Kalkınma finansmanını en etkin kullanan ülkeler arasındayız.
Dünya Bankası, Uluslararası Finans Kurumu, Avrupa İmar ve Kalkınma Bankası, Asya Altyapı Yatırım Bankası, İslam Kalkınma Bankası ve Avrupa Yatırım Bankası ile işbirliklerimizi güçlendirmek üzere bir araya geldik.
Bu… pic.twitter.com/bvh6dgLwIC
— Mehmet Simsek (@memetsimsek) April 26, 2025
Strong investor interest in Türkiye
During his attendance at the IMF-World Bank Spring Meetings, Simsek held more than 60 meetings in one week, engaging with over 2,000 investors, multilateral development banks, credit rating agencies, U.S. technology companies, think tanks, and non-governmental organizations.
He also participated in G20, IMFC, and IMF country group meetings.
“The summary of the meetings is that interest in Türkiye is very high, and our economic program is being closely followed. Questions are being asked about long-term investment opportunities,” Simsek noted.
