The Asian Infrastructure Investment Bank (AIIB) announced recently it would be providing up to $75 million in financing to establish an advanced green manufacturing facility in northwestern Türkiye, further expanding its support and portfolio in the country.
The AIIB made another investment as part of ongoing efforts to develop Türkiye’s advanced technology and green manufacturing capacity.
The advanced plant planned to be built in the northwestern province of Kırklareli will be established by Chinese manufacturer Great Rich Technology (GRT), marking the firm’s first production base outside China.
The facility will be co-financed by the World Bank Group’s International Finance Corporation (IFC), and it will produce energy-efficient window films, paint protection films, and specialized materials to absorb carbon dioxide and volatile organic compounds.
The investment aims to reduce industrial emissions, expand the availability of low-emission advanced materials in emerging markets, and help solidify Türkiye’s position as a manufacturing hub bridging Europe, Asia and other neighboring markets.
