The Asian Development Bank (ADB) has signed a $40 million loan with Arkas Holding to support maritime logistics and port infrastructure upgrades in Türkiye, DevFiNews.com reported.
The deal marks ADB’s first private-sector infrastructure transaction in Türkiye since it began operations in the country in October 2025.
The financing will back Arkas Group’s eight-year capital expenditure programme, including fleet modernisation, logistics expansion and port infrastructure investments. ADB said the project aims to improve efficiency and sustainability across shipping routes linking the Black Sea and the Mediterranean.
The transaction comes as development finance institutions increase their focus on trade corridors, logistics resilience and maritime decarbonisation amid supply-chain pressures across Asia, Europe and the Middle East.
ADB said the investment supports its strategy to expand private-sector financing in gateway economies and strengthen connectivity along the Middle Corridor, a trade route linking Asia and Europe through Central Asia, the Caucasus and Türkiye.
The financing is expected to help Arkas increase operational capacity, improve cargo flows, meet international environmental and safety standards, and reduce fuel consumption and greenhouse gas emissions.
“Partnering with an established and diversified logistics group is crucial for our first infrastructure investment in Türkiye,” ADB Director General for Central and West Asia Leah Gutierrez said.
Arkas Holding Chairman Lucien Arkas said the investment marks “the first step toward a lasting partnership” that could support the group’s future investments and regional expansion.
Founded in İzmir in 1902, Arkas Holding operates across maritime transport, port services, integrated logistics, automotive, insurance, information technology and tourism.
