Turkey debate: Turkey works to bridge its funding gap

Turkey’s economy is growing fast and the country has a large number of infrastructure projects in the pipeline. But with its corporates also on the hunt for more funding, the country’s banks cannot meet all the demand themselves.

Executive summary

• Turkey has a fast growing economy with many funding needs

• Foreign investment must be encouraged

• Centralized, more streamlined, approval process required for PPPs

• Infrastructure needs are substantial. The number of projects in need of finance points to a potential funding gap

• Turkey remains a very attractive investment opportunity over the next 10 years

Turkey debate: Participants

Elliot Wilson, Euromoney How can we close the gap between Turkey’s aspirations – the amount of money that needs to be raised to build the country – and the reality, which sees capital raising constrained by issues including underdeveloped capital markets and legal uncertainty over concessions?

Alper Hakan Yüksel (AY) is executive vice-president of corporate banking at Akbank

AY, Akbank Turkey’s infrastructure needs funding, but it’s easy to forget that this is a fast-growing economy with many funding needs.

Turkey debate: Turkey works to bridge its funding gap

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Turkey debate: Turkey works to bridge its funding gap

Thanks for your interest in Euromoney!To unlock this article:

Central Bank of Egypt’s drive for financial inclusion bears fruit

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