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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Türkiye : € 300,000,000
    Services : € 300,000,000
    Signature date(s)
    22/10/2010 : € 300,000,000

    Summary sheet

    Release date
    31 May 2010
    Status
    Reference
    Signed | 22/10/2010
    20100205
    Project name
    Promoter - financial intermediary
    TÜBITAK Research and Technology (Turkey) – Investment Loan

    The Scientific and Technological Research Council of Turkey (TUBITAK)
    Mr. Okan Kara
    EU 7th Framework Programme National Coordinator
    Ataturk Bulvari No. 221
    06100 Kavaklidere Ankara Turkey
    Phone : (+90 312) 427 2302
    Fax : (+90 312) 427 4024
    www.tubitak.gov.tr

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million., to be verified during appraisal.
    EUR 1 250 million., to be verified during appraisal.
    Location
    Sector(s)
    Description
    Objectives

    The project would co-finance via the Undersecretariat of Treasury Turkey’s national contribution to eligible research and development programmes through the Scientific and Technological Research Council of Turkey (TÜBITAK). TÜBITAK runs a number of national science and technology programmes to which EIB funding will be directed.

    To strengthen the research and innovation capacity in Turkey.

    Environmental aspects
    Procurement

    The project will finance intangible scientific research activities as well as industrial R&D and innovation programmes. It will also include TÜBITAK’s R&D infrastructure and facilities programme. The exact components of the latter programme are unknown at this stage and will be examined at appraisal, along with any potential related need for an EIA.

    Experience based on a previous project with TÜBITAK indicates that, in principle, all national R&D programmes and projects funded by TÜBITAK have been subject to appraisal, tendering and procurement procedures that satisfy the Bank’s requirements. This is to be confirmed during the appraisal.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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