TPAO allocated 353.8 billion lira for 2027 investments

The investment appropriation ceilings for State Economic Enterprises (KİT) for the 2027-2029 period have been announced. For the year 2027, the total investment ceiling for KİTs with a public share exceeding 50 percent is set at 754.1 billion lira.

TPAO (Türkiye Petrolleri Anonim Ortaklığı) has been allocated the largest portion, receiving 353.8 billion lira for 2027, which represents approximately 46.92 percent of the total ceiling for these enterprises. TPAO’s planned investment ceilings are 207 billion lira for 2028 and 170 billion lira for 2029.

Other major recipients for 2027 include the Turkish State Railways (TCDD) with 122.7 billion lira and Türkiye Elektrik İletim AŞ (TEİAŞ) with 75.6 billion lira. In the energy sector, BOTAŞ has been allocated a 70 billion lira ceiling for 2027.

In the agricultural sector, the Turkish Sugar Factories (Türkiye Şeker Fabrikaları AŞ) is slated to receive 5.7 billion lira in 2027, while the Grain Board (Toprak Mahsulleri Ofisi) is allocated 1.2 billion lira for the same year.