$750 million agricultural food financing from the World Bank to Türkiye

The World Bank will provide 750 million dollars of financing to Türkiye within the scope of the Turkish Agri-Food Sector Transformation Project. The project, approved by the World Bank Board of Executive Directors, will be carried out by the Ministry of Agriculture and Forestry and the Agriculture and Rural Development Support Institution (TKDK).

750 MILLION DOLLARS OF FINANCING WILL BE PROVIDED

According to information obtained from the Ministry of Treasury and Finance, Türkiye's efforts to obtain foreign financing with favorable conditions continue.

In this context, the Transformation of the Turkish Agri-Food Sector Project was approved by the World Bank Board of Executive Directors. The project will receive 750 million dollars of financing from the World Bank.

The project will be carried out by the Ministry of Agriculture and Forestry and the Agriculture and Rural Development Support Institution.

AGRICULTURAL FOOD VALUE CHAINS WILL BE STRENGTHENED

Within the scope of the project, it is aimed to strengthen the competitiveness and integration of agricultural food value chains in Türkiye.

It also aims to improve the productivity, added value, growth and market access capacities of agricultural food enterprises and producer organizations.

It was stated that with the resources to be provided, the long-term and favorable conditional external financing provided by the World Bank for all sectors in 2026 will exceed 9 billion dollars.