Prime Minister Announces New Infrastructure Fund for Istanbul

Prime Minister unveils new Istanbul infrastructure fund to boost development, transport and housing projects with strategic public-private investment.

Prime Minister Announces New Infrastructure Fund for Istanbul
Liberal TR Haber Merkezi
Yayınlama: 06.07.2026
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The government announced a new infrastructure fund for Istanbul, Prime Minister Mehmet Yılmaz said on Monday, aiming to accelerate urban projects and improve transport and utilities across the city.

According to the Prime Minister’s statement, the fund was established to consolidate financing for major municipal works and to speed up ongoing construction programs. Yılmaz said the initiative will coordinate investments among national and local agencies to reduce delays.

Officials detailed that the fund will prioritize public transport upgrades, water and sewage improvements, and road maintenance. The announcement noted that projects currently in various planning stages will be reviewed for possible inclusion.

Finance Ministry representatives explained the fund’s structure will combine central budget allocations, municipal contributions and potential public-private partnership arrangements. They said exact financial figures and timelines will be released in subsequent briefings.

The Prime Minister emphasized that the measure aims to address chronic bottlenecks and improve service delivery for residents. He underlined the government’s commitment to transparent oversight and interagency cooperation.

Local authorities welcomed the initiative and signaled readiness to submit project lists for evaluation. Municipal sources indicated that coordination mechanisms will be set up within weeks to begin assessments.

Further technical and legal details are expected in the official regulatory text to be published by the Finance Ministry. The initial statement concluded that the fund seeks to deliver measurable improvements in transport and utilities within coming years.

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Liberal TR Haber Merkezi
Liberal TR Haber Merkezi
Türkiye ve dünya gündemine dair gelişmeleri, objektif ve ilkeli bir bakış açısıyla okuyucuya ulaştıran dijital haber platformu. Liberal TR Haber Merkezi.
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