$5.3 Billion Investment Support for the Food and Agriculture Sector

Serdar HocamAuthor & Editor

Within the scope of the massive $5.3 billion package approved by the World Bank, the initial $750 million financing is being made available to entrepreneurs this year.

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Gıda ve tarım sektörüne yatırım yapana dev destek: 5.3 milyar dolar

The first phase of the total $5.3 billion financing package planned for investments in the food and agriculture sector over a 10-year period is being put into practice.

Details of the Financing Package

The first $750 million portion of the total $5.3 billion giant financing package planned over ten years, approved by the World Bank, will be made available within this year.

Investment Areas and Entrepreneurs

This financing support will be allocated for facility construction and machinery-equipment investments to be realized in the agriculture and food fields, facilitating entrepreneurs' access to finance.

Planned Era in Agriculture

The project in question is considered the second phase of planning in agricultural production, and investments are aimed to be made in a much more planned manner.

Marketing and Industrial Integration

Thanks to the new system, farmers' marketing problems will be prevented, and the products grown will be ensured to be processed in the right places and correct industrial facilities.

Application Requirements and Explanations

Application conditions and all other technical details regarding the project will be separately shared with the public in the coming days.