Türkiye's Medium-Term Programme (2027-2029) aims to bring inflation to single digits by 2029 while lifting growth and jobs. The 2027 draft budget emphasises housing and earthquake-driven urban renewal, transport infrastructure and youth employment.
What a Korean company can do now
Government · leader
President Recep Tayyip Erdoğan (head of state and government)
Key national agenda
- Disinflation (single digits by 2029)
- Housing supply and earthquake-resilient urban renewal
- More jobs for youth and women
- Green transition (hosting COP31 in Antalya)
- Transport infrastructure (high-speed rail)
- Defence and space technology
Government programmes
2027 central government budget draft~TRY 27.28tn (~USD 550.8bn)
Deficit 3.5% of GDP, 4.2% growth target, sharp rise in housing spending
Medium-Term Programme (OVP) 2027-2029
Announced Sep 2026; targets USD 2.2tn GDP and single-digit inflation by 2029
Urban renewal 'Half from Us' (Yarısı Bizden)
Seismic rebuilding support centred on Istanbul; TRY 875k grant plus TRY 875k loan per unit; extended to end-2027
Halkalı-Kapıkule high-speed rail
Opening of the Çerkezköy-Kapıkule section announced in Oct 2026
İŞKUR youth employment programme
150,000 places for 2026-2027 with daily stipend and state-paid social insurance
Earthquake Recovery and Reconstruction Project (TERRP)
World Bank-financed recovery in quake-hit regions, including Ministry of Health emergency equipment such as 285 ambulances
Business opportunities
Seismic assessment and smart construction management for urban renewal sites
🔒 Why-now and buyers — analysis member ₩19,800/mo
AI platform for vocational training and job matching
🔒 Why-now and buyers — analysis member ₩19,800/mo
Open this week
Smart-factory diagnostics and automation consulting for manufacturing SMEs
The Medium-Term Programme makes productivity and export competitiveness core goals.
KOSGEB, manufacturers in organised industrial zones
Operational efficiency for large city hospitals (scheduling and bed-management AI)
🔒 Why-now and buyers — analysis member ₩19,800/mo
Free members get a human-reviewed summary by email for up to 3 countries a month (sent within 24h). BUILD members get them all.
Korean support schemes
- KOTRA Istanbul office · KOTRA — Supports market research, buyer matching and trade-fair participation in Türkiye.
- Temporary settlement support for Türkiye earthquake victims · KOICA — Supported temporary settlements for displaced people after the 2023 earthquakes (past project).
Official notices
Presidency Directorate of Communications (iletisim.gov.tr) / Presidency (tccb.gov.tr)
- 2026-10-26 Cabinet meeting chaired by the President (about three hours, Presidential Complex)
- 2026-10-12 Cabinet: urban renewal campaign extended to end-2027; youth employment quota 150,000
- 2026-10-12 Opening of the Çerkezköy-Kapıkule high-speed rail section announced
- 2026-10-12 Lunar rover built and in environmental testing; Şanlıurfa city hospital opened
Disaster · conflict · epidemic
Stable 2026-11-07
Flooding (GDACS, 3 Nov) (single source)
—
—
