- Establishes a three-year rolling investment program in Türkiye.
- Focus on climate and seismic resilience, sustainable transport and energy transition.
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun met with Türkiye Minister of Treasury and Finance H.E. Mehmet Simsek at the Conference for Emerging Market Economies in AlUla on February 17, 2025 to discuss how to further strengthen the strategic partnership between AIIB and the Republic of Türkiye.
During the meeting, Parties signed a Memorandum of Understanding which outlines an investment program guiding AIIB’s sovereign-backed financing in Türkiye from 2025 to 2027 with an expected total of around USD5 billion.
The signing ceremony in AlUla marks a milestone in AIIB-Türkiye relations, formalizing a framework for collaboration that aligns with Türkiye’s 12th Development Plan (2024-2028) and AIIB’s commitment to green and resilient infrastructure.
“As a founding member, Türkiye has been a key partner of AIIB since the Bank’s inception, with USD5.5 billion in approved financing for critical projects across energy, transport, urban resilience, and disaster response,” said President Jin. “Our investments in 2025-2027 will focus strategically on climate resilience, water management, sustainable transport, earthquake preparedness, as well as other productive sectors, such as healthcare, and will support Türkiye’s Long-Term Climate Strategy”.
“AIIB has been a trusted partner in Türkiye’s development, supporting our efforts to build resilient infrastructure and strengthen economic sustainability,” said H.E. Minister Şimşek. “This agreement reflects our shared vision for mobilizing investments that enhance climate resilience, improve disaster preparedness, and achieve green and digital transition.”
The three-year program will be reviewed semi-annually to ensure alignment with Türkiye’s evolving infrastructure needs and AIIB’s operational priorities. The partnership underscores AIIB’s commitment to supporting Türkiye’s long-term growth through investments that foster sustainable economic growth and climate adaptation.
About AIIB
AIIB is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. AIIB began operations in 2016 and have since grown to 110 approved members worldwide. AIIB is capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
