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[BUSINESS] · Türkiye · 2 sources

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KUDAKA provides 875 million TL in regional investment support

The Northeast Anatolia Development Agency (KUDAKA) has provided significant investment support to the Erzurum, Erzincan, and Bayburt regions. Over a five-year period, the agency supported 246 projects with approximately 875 million TL, facilitating a total investment of roughly 1.5 billion TL.

These initiatives cover a wide range of sectors, including green transformation, employment, international cooperation, and cultural heritage. Specifically, between 2022 and June 2026, KUDAKA allocated more than 147 million TL to 68 projects focused on industry and manufacturing. This includes 86.15 million TL for 19 projects under the Social Production and Employment Workshops (SOGEP) program, 42.32 million TL for 18 SME manufacturing and technology projects, and 19.39 million TL for 31 projects related to organized industrial zone and industrial infrastructure feasibility.

Entities

Bayburt · Erzincan · Erzurum · Ministry of Industry and Technology · Northeast Anatolia Development Agency