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    Reference: 20100355
    Release date: 6 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

    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.

    Sector(s)

    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. 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).

    Related tags

    Turkey Services