Turkey expands urban transformation targets for earthquake resilience
Turkey's Ministry of Environment, Urbanization and Climate Change, through its Urban Transformation Directorate, announced an expansion of urban transformation targets over the next five years, focusing on earthquake risk mitigation. The plan aims to retrofit or rebuild thousands of buildings in high-risk zones, particularly in Istanbul and other major cities along fault lines. This follows the devastating February 2023 earthquakes that killed over 50,000 people and caused widespread destruction. The government has allocated significant budget resources and streamlined permitting processes to accelerate the program. Officials stated the goal is to make urban areas more resilient to seismic events, with a target of renovating 1.5 million housing units by 2028.
Global Impact
Economically, the urban transformation program represents a large-scale public investment that will stimulate domestic construction and related industries, but also risks fiscal strain. Politically, it reinforces the government's commitment to disaster preparedness after the 2023 earthquakes, potentially boosting public support.