World Bank to provide $750 million to support Türkiye's agrifood sector

The World Bank is set to provide $750 million in support of Türkiye's agrifood sector through a new initiative known as the Turkish Agrifood Sector project.

The project is designed to enhance the competitiveness and integration of agricultural food value chains within the country, aiming to strengthen links between different stages of food production, processing, and distribution.

Among its stated goals, the initiative seeks to boost the productivity and growth of food firms and producers operating within Türkiye's agricultural sector, supporting businesses across the value chain.

The project also aims to facilitate access for these firms and producers, addressing barriers that may otherwise limit their ability to expand or connect more effectively with wider markets.

World Bank financing of this scale for a national agrifood sector reflects continued international investment interest in strengthening food production systems, particularly in economies where agriculture remains a significant contributor to employment and trade.