IFC - International Finance Corporation reposted this
Managing Director at IFC - International Finance Corporation
Two years ago, devastating earthquakes in Türkiye damaged and destroyed 300,000 buildings, leaving a $104 billion reconstruction need. The World Bank Group has been instrumental in the recovery process, supporting efforts to restore homes, businesses, and essential services. Our contributions include: 🗸 Building over 1,800 new homes 🗸 Rebuilding 13 schools 🗸 Establishing 6 new hospitals, serving 5.3 million patients 🗸 Providing financial support to 95,000 businesses 🗸 Rebuilding critical municipal infrastructure Our work is far from over as we continue to help communities recover and rebuild. Watch how these efforts are making a difference. #IFC4Türkiye #WBG4Türkiye
It's inspiring to see the significant progress made in Türkiye after such devastating earthquakes. The rebuilding of homes, schools, and hospitals is crucial for community resilience. I believe that sustainable practices should also be integrated into the reconstruction efforts, ensuring that the new infrastructure is not only robust but also environmentally friendly. This approach could serve as a model for future recovery projects around the world. Looking forward to seeing more updates on the impact of these initiatives! #Sustainability #CommunityRecovery
Congrats Makhtar!
Planning Engineer | Site Engineer | Entrepreneur | Mechanical engineer | Economist | Data analyst | Digital marketing | JOFEKA Group
5dThe devastation caused by the recent earthquake in Turkey is heart-wrenching, and it’s inspiring to see how the IFC stepped in to support the country’s recovery. Your efforts to provide financial assistance, technical expertise, and investments in rebuilding critical infrastructure are vital for both immediate relief and long-term resilience. The private sector plays a crucial role in disaster recovery, and the IFC’s approach to leveraging partnerships, innovative solutions, and sustainable development practices will ensure that the rebuilding efforts not only restore what was lost but also create a stronger, more resilient foundation for Turkey’s future. The focus on economic recovery, job creation, and community rebuilding demonstrates the IFC’s commitment to fostering sustainable growth and supporting the livelihoods of those affected. These efforts will undoubtedly make a significant impact on the lives of many people in the region. Thank you for your leadership and dedication to helping those in need during such a critical time. I look forward to seeing how the IFC’s continued involvement will contribute to Turkey’s recovery and long-term resilience.