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The European Bank for Reconstruction and Development (EBRD) has invested €2.2 billion ($2.55 billion) in Türkiye so far in 2025, spanning 42 projects across corporate sectors, small and medium-sized enterprises, financial institutions, energy, infrastructure, and innovation, EBRD First Vice President Greg Guyett said on Thursday.
Speaking to state-run Anadolu Agency during his first official visit to Türkiye, where he met clients and reviewed the bank’s ongoing portfolio and future priorities.
Guyett said the bank expects to reach or surpass its 2024 investment volume of €2.6 billion by year-end, the bank’s highest annual figure on record.
The EBRD has provided €1.6 billion for reconstruction efforts in the regions affected by the February 2023 earthquakes, surpassing its earlier commitments.
According to EBRD data as of 30 September 2025, the bank has supported 502 projects in Türkiye since it began investing in the country in 2009.
Its cumulative investment totals €22.74 billion ($26.36 billion), with €20.84 billion disbursed or guaranteed to date. The current portfolio stands at €7.96 billion across 252 active operations, of which 84% is directed to the private sector.
"We are pleased to have supported displaced people, contributed to housing needs, and helped enterprises—especially SMEs—regain momentum," Guyett said. He stated that the bank is developing new initiatives for long-term support in the region, which still has areas requiring continued investment.
Guyett said the EBRD has also decided to designate Istanbul as one of its regional centers and will expand staffing in the city. "This is a very talented team, and growing our presence here makes strategic sense," he said. Türkiye’s position remains strong in an environment where demand for data distribution and data localization is increasing globally, he added.
Guyett said the bank expects Türkiye’s economic policies to keep easing inflation beyond October’s 32.87%, though he noted that persistent price pressures remain a challenge. "We have seen inflation slowing, and like many business leaders, we hope this trend continues," he said.
He underscored that Türkiye’s young and educated population underpins the country’s long-term economic potential across various industries. He also pointed out that Türkiye is advantageously placed to benefit from shifting trade dynamics between Asia and Europe.
"We are seeing more trade along the Asia–Europe corridor, and Türkiye is well placed as a gateway to Western Europe," he said.
He added that the country’s talent base and strong intellectual capacity enhance its ability to adjust to evolving supply chains and production networks.
Guyett also stated that Türkiye and its wider region are set to play a key role in building the next generation of energy and industrial systems.
"This region has natural advantages in critical minerals," he said, noting that Türkiye is well-suited for a more technology-oriented era that includes expanded data localization.
According to Guyett, government strategies in the energy sector and a workforce that readily adopts new technologies will help Türkiye take advantage of emerging opportunities.
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