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TÜBITAK Research Institutes (Turkey) – Investment Loan

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TÜBITAK Research Institutes (Turkey) – Investment Loan

  •  Reference: 20100355
  •  Release date: 06 September 2010
Promoter – Financial Intermediary

The Scientific and 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

Location
  • Turkey
Description

The project will finance mainly applied research activities conducted by 12 national research institutes as well as research activities performed at TÜBITAK’s headquarter level

Objectives

To strengthen the research and innovation capacity in Turkey.

Comments
 
Sector(s)
  • Services
Proposed EIB finance (Approximate amount)

EUR 150 million.

Total cost (Approximate amount)

EUR 342.4 million.

Environmental aspects

The projects will finance mainly intangible scientific research activities as well as industrial R&D and innovation programmes. These activities include financing of research activities in environmental sciences (i.e. research projects in this specialisation) as well as the financing of the operation of the environmental research institutes. These activities have minor negative impacts and appropriate mitigation measures are planned. Additional R&D planned in the project (e.g. for energy efficiency, renewable energy etc.) may result in the production of goods and services with improved environmental characteristics. The construction of buildings is not foreseen within the investment. The Bank requests the Promoter to comply with relevant environmental legislation.

Procurement

Procurement of equipment and services to be in line with the Bank’s Guide to Procurement.

Status

Signed   -   22/10/2010.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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