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Home » Turkey gets $219m to develop projects in quake-hit cities

Turkey gets $219m to develop projects in quake-hit cities

adminBy adminMay 16, 2025 Market No Comments1 Min Read
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$106m for facilities in Adiyaman

$112m for networks in Hatay

Part of $1.7bn investment package

The European Bank for Reconstruction and Development (EBRD) will provide €195 million ($219 million) to two infrastructure projects in Turkey’s earthquake-hit cities of Adiyaman and Hatay.

The development bank will provide €95 million ($106 million) to cover the construction of wastewater and stormwater networks and facilities in Adiyaman, it said in a statement.

Another €100 million ($112 million) will be directed towards constructing the Arsuz sewerage network and the Ucgulluk wastewater treatment plant in Hatay.

The loans will be provided through the country’s treasury and finance ministry.

The two cities were severely affected by the 2023 earthquakes that hit the region, leading to widespread damage and thousands of fatalities.

In the weeks following the earthquake, the EBRD announced a €1.5 billion ($1.7 billion) investment package to support the recovery and reconstruction of the region. Sustainable infrastructure is one of the bank’s priorities in the area.

The loans were announced during the EBRD’s 2025 annual meeting and business forum in London.  

EBRD is among Turkey’s major investors, with more than €22 billion ($25 billion) committed through 482 projects.



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