FAQ

Established by the decision of the Council of Heads of State of the Organization of Turkic States, the Turkic Investment Fund (TIF) is the first mutual international financial institution among Turkic states that provides capital for innovative and sustainable projects across diverse sectors.

The purpose of TIF is to contribute to the socio-economic development of its Member States by fostering economic cooperation among them. In this context, TIF aims to finance, among others regional projects that stimulate trade, investment, innovation, infrastructure development, and connectivity in key sectors. Additionally, it seeks to support entrepreneurship and business development and collaborate with international financial institutions for co-financing while attracting foreign investment that generates new business opportunities.

The Members are the Republic of Azerbaijan, Hungary, the Republic of Kazakhstan, the Kyrgyz Republic, the Republic of Türkiye, and the Republic of Uzbekistan.

The member countries’ collective trajectory in global GDP, population and trade is one of consistent growth and rising global relevance. As our members deepen cooperation and accelerate their developments, our region is becoming a powerful contributor to the global economy and trade system.

Our members’ combined economic trajectory is accelerating, with combined GDP stands at approximately $1.8 trillion, representing around 1.7% of global GDP.

Our region benefits from growing population. With combined population of around 170 million, our region accounts for roughly 2.1% of the world’s population.

Our region’s trade volume is expanding, with its share representing around 4.7% of global trade turnover. Positioned at the crossroads of Europe and Asia, our members form a vital economic and transport corridor that supports diversified supply chains, energy security and digital connectivity.

While the Turkic Investment Fund operates as an independent entity, it remains closely aligned with strategic directions of the Council of Heads of State of the Organization of Turkic States in promoting the collective interests of its Member States. The Board of Governors is the highest governing body of TIF, whereas the Board of Directors is responsible for the direction of general operations of the Fund.

TIF follows internationally accepted norms and industry practices on transparency, including financial transparency, prepares and publishes detailed financial reports, ensures compliance with International Financial Reporting Standards, and facilitates independent audits.

TIF provides flexible funding options, including but not limited to loans, equity, trade financing, growth acceleration, MSME support, , and co-financing, all tailored to the specific project needs and impact potential.

Investment activity will expand gradually in both sectoral scope and financial instruments. Early investments will focus on areas where TIF has competitive advantages or strong pipeline visibility, while new areas will be added as internal capabilities and capitalization grow.

TIF manages fundraising efforts through contributions from member countries, partnerships with official financial institutions borrowing in international and local markets, and mobilizing private sector capital.

Turkic Investment Fund employs rigorous risk assessment, portfolio diversification, and continuous monitoring to minimize investment risks.

In the initial phase, TIF will concentrate on simple, debt-based instruments. This aligns with the cash-flow orientation and allows for more predictable risk management. TIF will primarily focus on indirect lending through financial intermediaries, fund structures, or platforms managed by partners to enable scalable and diversified deployment, while selectively expanding direct lending in areas where it can have a high impact.

TIF intends to actively co-invest with reputable institutions, including MDBs and DFIs.

Project owners can apply online by submitting a detailed proposal through our website [www.turkicfund.org]. Proposals are evaluated based on impact, feasibility, and alignment with our investment objectives.

We support projects across various sectors that contribute positively to developing and driving socio-economic impact in the Turkic world in line with our establishment mandate, vision, mission,and objectives.

TIF supports projects across diverse sectors, including but not limited to the energy, expansion of transport and logistic chains, storage and production capacities, the creation and modernization of the physical and digital infrastructure (including via public-private partnership), the development projects in the fields of mutual interest such as industry, commerce, agribusiness, information and communication technologies and tourism.

Yes, we are committed to support initiatives generating meaningful socio-economic impact and promote equitable economic growth in the Turkic states.

Our mission centers on promoting sustainable development through targeted investments that align with Environmental, Social, and Governance (ESG) criteria, promoting sustainable and ethical practices across all projects. Among such priorities are projects that contribute to developing a green economy by investing in energy efficiency, renewable energy, and environmental protection.

TIF had dual bottom line objective, which is generating, firstly, financial returns to be financially sustainable institution, and secondly, socio-economic impact for economic prosperity and better lives of people of the Turkic world.

Respectively we would like to make sure our impact is measurable and for that we will be using both quantitative and qualitative impact measurement indicators.

Quantitative measures are relatively straightforward and based on strategic priorities of Members States can be developed to capture such parameters such as increase in foreign direct investment (FDI) volume, growth in infra-regional trade glows, ⁠increase in share of green energy generation, new MSMEs registered and new jobs created.

While qualitative ones require more careful consideration and can be based on such parameters such as improvement of life quality of people living in the region, happiness and life satisfaction scales in each Member State, access to education, introduction of new innovative education methods and overall students satisfaction levels and ⁠access to basic infrastructure and it’s affordability.

You can reach us at office@turkicfund.org for general queries and at investment@turkicfund.org  for investment related queries or apply through our website for detailed information and support.