Vakıf Katılım collaborated with Directorate General of Development Agencies

Within the scope of the cooperation with Directorate General of Development Agencies, Vakıf Katılım put “Profit Share Backed Interest-Free Financing Model” into practice. With this project, Vakıf Katılım will provide interest-free financing opportunity to the companies which operate in the fields of “Employment, Manufacturing, Export and Innovation” called as “4İ” will pave the way for a sustainable domestic production.

Vakıf Katılım has carried out a reference project which will contribute to the national economy. With “Profit Share Backed Interest-Free Financing Model” put into practice within the scope of the cooperation with Directorate General of Development Agencies, Vakıf Katılım will provide interest-free financing opportunity to the companies which operate in the fields of “Employment, Manufacturing, Export and Innovation” called as “4İ” will pave the way for a sustainable domestic production

It is aimed that this cooperation protocol, which had been previously signed with East Mediterranean Development Agency, Northeast Anatolian Development Agency and Ankara Development Agency and now being signed with Dicle Development Agency and Karacadağ Development Agency with the presence of Industry and Technology Minister Mustafa Varank, will involve all the agencies in a short span of time.

İkram Göktaş: “All our effort is to stand by local entrepreneurs who make production from oltu stone in Erzurum, who create innovative solutions from sheep’s wool in Sivas and who make difference in health sector in Ankara”

İkram Göktaş, the General Manager of Vakıf Katılım” made a statement on this matter and said that: “Profit Share Backed Interest-Free Financing Model” that we put into practice within the scope of the cooperation with Directorate General of Development Agencies will contribute to the promotion and support of the domestic production and to revitalization of the business lines sinking into oblivion.”

Having stated to be glad to provide long-term interest-free financing opportunity to the companies which make investments in manufacturing, agriculture, energy, health, defense industry, software, technology and digitalization, Mr. Göktaş further stated that:

“Since its foundation, our institution uses all of its resources to support not only financial but also social development of our country. Because, we know that the recovery and growth of the local businesses means environmental and cultural enrichment of those regions with multiplier effect. All our effort is to stand by local entrepreneurs who make production from oltu stone in Erzurum, who try to create innovative solutions from sheep’s wool in Sivas, who produce chips from frozen vegetables and invest in new business lines in Niğde and who support the local tourism with boutique village projects and try to enliven the local ecosystem in Zonguldak. Because, we believe that we can become prominent in international competition environment all and only with the strengthening of local economy.

As Vakıf Katılım, we will continue to take steps in line with this vision and support the investment projects which will increase our national production capacity, reduce foreign dependency and enable our country to gain strength in international competition environment with value-added products in the forthcoming period.”