World Bank provides financing under green and future cities project
The World Bank Group approved a 191.5 million-euro ($219.4 million) loan to Türkiye to modernize urban infrastructure and services in the fast-growing cities of Antalya and Konya, addressing a growing demand for public transport, clean water and sanitation and efficient energy systems, while generating jobs along the way.
The Green and Future Cities Project will be implemented through İller Bankası.
Türkiye’s rapid urbanization has intensified demand for efficient and resilient municipal infrastructure, said the bank.
Planned investments include the expansion and modernization of public transport systems, such as tramlines and low-emission vehicles, as well as upgrades to water supply, wastewater treatment and sanitation infrastructure.
