The European Bank for Reconstruction and Development (EBRD) invested a record €2.7 billion in Türkiye last year, reflecting confidence in the country’s economic prospects, according to EBRD President Odile Renaud-Basso.
Renaud-Basso stated that 98% of the EBRD’s activities in Türkiye during the previous year were related to the private sector. “We continued highly steadily, and we are also realizing high levels of investment this year as the private sector is resilient and agile, and we spot a lot of investment opportunities,” she said.
The EBRD is also considering investments in urban renewal projects in Istanbul, Renaud-Basso noted.
“We see significant potential in renewable energy”
Highlighting the importance of the energy sector, Renaud-Basso emphasized the Turkish government’s focus on transitioning to renewable energy sources. “Cheaper energy will make you more competitive, so we see significant potential here,” she explained. “As the country continues to grow, the transformation of energy systems will grow even more important. Diversification of energy and a robust infrastructure are essential.”
Renaud-Basso affirmed Türkiye’s strong potential, stating the EBRD has “a strong appetite” for investment in the country in 2026. “The story is continuing very well. The combination of manufacturing capacity, the country’s innovation skills, and other factors creates a strong foundation and looks very reasonable for investment,” she said. “We expect our activities to continue at a high pace.”
The EBRD’s continued investment in Türkiye underscores the bank’s commitment to supporting the country’s economic development and private sector growth. This comes as investors globally assess risk in the region, as highlighted by recent concerns regarding the Iran conflict, which Renaud-Basso indicated could “reduce risk capital” for the region, Reuters reported.
Earlier this week, Renaud-Basso met with Turkish Foreign Minister Hakan Fidan in Ankara, according to the Turkish Ministry of Foreign Affairs. The EBRD also announced on March 5, 2026, that it has sanctioned an individual, Mirza Resić, for fraudulent practice, debarring him for 18 months.
