CEB and Türkiye sign loans to strengthen earthquake resilience and sustainable mobility
12 February 2026
With a new €230 million loan the CEB will continue financing the Istanbul Seismic Risk Mitigation and Emergency Preparedness Project (ISMEP), which the authorities have been implementing since 2006, to strengthen the city’s resilience to major earthquakes through an enhanced disaster-management system. In parallel, a new €50 million CEB loan will expand the financing to the Marmaray Commuter Rail Project, a cornerstone of Istanbul’s public transport network.