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Turkiye to get €700m from Islamic Development Bank for healthcare projects

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A view of the Central Bank of the Republic of Turkiye (CBRT) building in Ankara, Turkiye on July 27, 2023 [Mustafa Çiftçi - Anadolu Agency]
The Islamic Development Bank (IDB) Group on Wednesday announced a total of €700 million in financing for transformative projects in Turkiye, aiming to enhance disaster-resilient healthcare services and support the recovery of municipalities hit by the February 2023 earthquakes, Anadolu has reported. The bank has allocated €500m under the Disaster-Resilient Health Infrastructure Project, for the reconstruction of two key hospitals in Istanbul, ensuring their capacity to withstand earthquakes and provide uninterrupted health care. The project seeks to address Istanbul’s increasing need for sustainable health care by adding nearly 2,500 hospital beds and meeting the rising demand for accessible, high-quality and resilient medical services. The Fatih Sultan Mehmet (FSM) Training and Research Hospital in Atasehir will see its capacity grow from […]

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