Turkey and the Philippines are focusing on the challenge of building seismic resilience in megacities with high urbanization.

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The Municipal Services Project supports Turkey’s urbanization process by investing in infrastructure services.

IFC Story

IFC’s investments have helped Sisecam become a major exporter and kick-start new international operations.


Turkey in Figures

Turkey’s growth slowed from 6.1 percent in 2015 to 2.9 percent in 2016, as the failed coup attempt depressed consumer and business confidence. The rebound in global oil prices led to a widening current account deficit, while the rapid depreciation of the Lira and a poor harvest drove inflation higher. Meanwhile, the pace of poverty reduction lost momentum. In the medium-term, with larger macro imbalances, Turkey faces substantially slower growth and poverty reduction, as structural weaknesses become binding. Read more...


Johannes Zutt

Country Director for Turkey

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Ankara, Turkey
Ugur Mumcu Cad. No:88 2nd Floor,
+90 312 4598300