Turkey launches new industrial financing and employment targets

investment financing manufacturing industry YTAK Program Priority Financing Certificate industrial development

Turkey's Ministry of Industry and Technology has launched a new financing initiative to support manufacturing investments. Minister Mehmet Fatih Kacır announced that investments with incentive certificates valued at 100 million TL or more will be eligible for a Priority Financing Certificate (ÖFB).

Under the Investment Commitment Advance Loan (YTAK) Program, which has a total budget of 750 billion TL, holders of the ÖFB can apply to banks for loans of up to 1 billion TL, covering up to 50 percent of the total investment amount. Investors involved in the 'Turkey Century Development Move' or those with Strategic Investment Certificates will receive the ÖFB directly. Other manufacturing investments will be evaluated based on criteria including value-added potential, productivity, sectoral impact, economic contribution, and R&D competence, requiring a minimum score of 50 to qualify.

Separately, Vice President Cevdet Yılmaz stated that Turkey aims to create 2.1 million additional jobs by 2029. This goal will be pursued by increasing production capacity, strengthening vocational education, and supporting labor force participation. Yılmaz noted that the seasonally adjusted unemployment rate stood at 7.8 percent in August 2026, with declines observed in both youth and female unemployment rates.

Entities

Cevdet Yılmaz · Mehmet Fatih Kacır · Ministry of Industry and Technology · Recep Tayyip Erdoğan · Turkey

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Other incentive certificate holders must score 50 or more points based on value-added potential, productivity, economic contribution, and R&D competence to receive an ÖFB. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr
[● 3 SOURCES] ÖFB holders can apply to banks for YTAK loans of up to 1 billion TL, covering up to 50 percent of the investment. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr
[● 3 SOURCES] To date, 84 projects with a total investment value of 530 billion lira have been directed to favorable financing conditions. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr
[● 3 SOURCES] All manufacturing industry investments with an incentive certificate of 100 million TL or more are covered by the new application. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr
[● 3 SOURCES] The YTAK Program has a total budget of 750 billion lira. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr
[● 2 SOURCES] Investors with a Strategic Investment Certificate or those under the Turkey Century Development Move Program will receive Priority Financing Certificates (ÖFB) directly. www.gazetebirlik.com · www.aksiyon.com.tr
[● 3 SOURCES] The Ministry of Industry and Technology is launching a new application within the Investment Committed Advance Loan (YTAK) Program. www.cnbce.com · www.gazetebirlik.com · www.aksiyon.com.tr