Türkiye Small Industrial Estates Reconstruction and Regional Economic Recovery Project

active

The Project aims to support the restoration and sustainability of MSME operations in earthquake-affected provinces through building resilient and low-emission Small Industrial Estates (SIEs). The proposed Project will include two components: the first will finance investments in new SIEs and workshops to be built and offered for sale to eligible MSMEs, and the second will finance expenses for Project-related technical assistance and management by MoIT. Under the first component, the Project will support the construction of approximately 1,600 workshops for MSMEs that owned or rented workshops in the 11 earthquake-affected provinces prior to the February 2023 earthquakes. The new SIEs will be designed to be resilient to future earthquakes, other natural disasters, and adverse impacts of climate change, and will include energy and water efficiency measures in their construction design. In addition to the workshops, the component will also finance the construction of common infrastructure in the SIEs, outer spaces, electricity and water lines, small access roads and other necessary facilities. Under the second component, the Project will finance management and technical assistance activities. The technical assistance will accompany the investments to enable beneficiary MSMEs to be better prepared for climate and disaster challenges and equip them with the skills needed to become more women inclusive. MoIT issued a special regulation to govern the implementation of the Project, including eligibility criteria, financing terms, and application process.