26.05.2025
The Turkic Investment Fund (TIF), which plans to begin operations this year, is finalizing key documents outlining the main principles and mechanisms of its investment activities.
According to the TIF press service, the fund is currently developing the foundations of its investment policy. The drafted investment policy addresses financial and legal matters and will serve as a basis for selecting and implementing projects.
The working group on investment policy includes officially appointed representatives from member countries: Emil Mamedov and Elman Mahmudov from Azerbaijan, Tamás Zsombor Jámbrik from Hungary, Daniyar Azilkhanov from Kazakhstan, Farhad Ibraev from Kyrgyzstan, Mehmet Oymak from Türkiye, and Eldar Mavlyudov from Uzbekistan. This group has made significant progress in preparing the document.
In a statement released by the Turkic Investment Fund, it was noted: “The working group, operating in close cooperation with the fund’s executive management, is striving to ensure that the investment policy aligns with the sustainable development priorities of the regions and adheres to international standards of effective governance.”
To review the progress made, on May 22 the President of the Fund, Baghdad Amreyev, met with members of the working group.
As a reminder, the Turkic Investment Fund (TIF) was established on May 18, 2024, at the initiative of Türkiye, Azerbaijan, Kazakhstan, Kyrgyzstan, and Uzbekistan. Following Hungary’s official accession in February 2025, the fund’s charter capital was increased by $100 million, reaching a total of $600 million. The fund aims to support investment projects in infrastructure, renewable green energy, agriculture, and tourism sectors in Turkic-speaking countries, as well as to promote sustainable economic growth in both the public and private sectors.
