11,311.31 TRY BIST 100 BIST 100
6.07 CNY CNY CNY
49.99 EUR EUR EUR
42.70 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
38.34 TRY Interest Interest
61.45 USD Fossil Oil Fossil Oil
86.33 USD Silver Silver
11,311.31 USD Copper Copper
101.64 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,944.55 TRY Gold (gr) Gold (gr)

Statement by Minister Kurum on the “On-Site Recycling Project”

Environment, Urbanization, and Climate Change Minister Murat Kurum announced that intensive work is being carried out in 11 provinces to deliver the keys to the completed social housing units under the On-Site Transformation Project as soon as possible.

Statement by Minister Kurum on the “On-Site Recycling Project”

Following the earthquakes centered in Kahramanmaraş, the “On-Site Reconstruction Project” was launched in the 18 provinces declared “Disaster Zones Impacting General Life.” To date, 121,000 residential units have benefited from support under the project, for which applications closed on 30 June. In areas where ground studies have been completed, moderately or heavily damaged, or collapsed dwellings are being reconstructed on their original plots.

Support Package:

  • Residential units: TRY 750,000 grant + TRY 750,000 interest-subsidized loan + TRY 40,000 project support
  • Commercial premises: TRY 400,000 grant and loan combined
  • Dwellings with integrated barns: Support up to TRY 1 million

These measures aim to enable citizens to rapidly access safe, resilient housing.

Delivery Target:
Coordinated by TOKİ (Housing Development Administration of Turkey), the Presidency of Urban Transformation, and relevant institutions, reconstruction works are underway across 3,481 construction sites in 11 provinces with completion targeted by year-end. A ceremony scheduled for 27 December is expected to mark the handover of approximately 455,000 housing units.

“We are racing against time”
Minister Kurum emphasized that families who have moved into homes completed in just five months in Kahramanmaraş are now living in peace and security and underscored that efforts continue uninterrupted to deliver keys to citizens as swiftly as possible.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Kazakhstan and Saudi Arabia aim to enhance cooperation in mining and metallurgy

Monday, December 15, 2025

The Turkish imported scrap market enters a stabilization phase after a period of continuous increases

Friday, December 12, 2025

China's crude steel production decreases 10.9% in November

Monday, December 15, 2025

SSAB expands the Strenx® certified fabricator network to the Netherlands

Monday, December 15, 2025

Björneborg Steel renews Its MES system for digital transformation in manufacturing

Monday, December 15, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now