At a time when both the global and Turkish economies are being shaped by uncertainty, Akfen Group has once again clarified its core approach: investing in the right areas at the right time, rather than waiting on the sidelines. Following our USD 260 million investment between 2022 and 2023, our USD 910 million investment decision for the 2024–2025 period stands as a clear demonstration of our confidence in Türkiye and its long-term potential.
While tightening global financial conditions, geopolitical risks and climate-related uncertainties make economic decision-making increasingly complex, we view this environment not as a reason to pause, but as an opportunity for strategic positioning. Across our broad range of activities – from energy to real estate, infrastructure to mining, tourism to transportation – we pursue a balanced roadmap that combines both organic and inorganic growth.
In renewable energy, we continue to expand through capacity increases, storage solutions and hybrid projects. Under the umbrella of Akfen GYO, we are diversifying our portfolio with tourism, lifestyle and mixed-use developments. Leveraging our deep expertise in public-private partnership models, we are extending our healthcare investments beyond Türkiye’s borders, moving forward with the goal of building a more visible international presence for Akfen. In mining and port investments, our focus remains on scalable projects that create long-term value.
Opened in 2025, Terminal Kadıköy is a strong reflection of this vision. Located at the intersection of major transportation axes and seamlessly integrated into the city’s daily life, the project offers a new-generation urban experience that brings together gastronomy, culture, sports and social interaction. We believe Terminal Kadıköy is not only a commercial investment, but also a model project in terms of urban transformation and social life.
As we strengthen our financial structure, we also prioritize transparency and investor relations. Following the public offerings of Akfen GYO and Akfen Renewable Energy, the IPO of Akfen Construction in 2025 represents a concrete step in this direction. In the period ahead, we will continue to evaluate capital market instruments for our other subsidiaries under suitable market conditions.
We carry out this entire growth journey with a people-centric approach. Through our projects focused on equal opportunity in education, youth development, digital awareness, and culture and the arts, we see the creation of social value – alongside economic value – as a fundamental responsibility. Our principle that “every human being is valuable” is an integral and unwavering part of Akfen’s business culture.
As we celebrate Akfen’s 50th anniversary in 2026, we remain firmly committed to moving the Group forward with a disciplined financial structure, strong engineering and operational capabilities, a sustainability-driven mindset and a long-term perspective. We will continue to deliver investments that create value for our country, our stakeholders and the future.
With Regards
HAMDİ AKIN
Akfen Holding Chairman
