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Turkey’s Izmir port plans $1.5b upgrade with dredging from 2027

Posted on October 19, 2026

By Alan Bosworth

TVF İzmir Limanı, the Türkiye Wealth Fund (TVF) company that owns the Port of İzmir in Turkey, plans a two-phase $1.5 billion modernisation of the port’s cargo side, with dredging due to begin in the first quarter of 2027.

Executive board member Erhan Yelkenci told Anadolu Agency that the dredging is intended to allow 400-metre ships to enter the port and should take about two years.

Onurhan Kadıoğlu, business development director at cargo terminal operator Alport, said the approach channel would be deepened to 17 metres.

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