Summary sheet
Release date
29 April 2008
Status
Reference
Signed | 04/12/2009
20080014
Project name
Promoter - financial intermediary
Cimpor Yibitas Ankara Clinker Plant
Cimpor Inversiones, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
EUR 120 million.
Description
Objectives
Construction of a clinker line at an existing grinding plant.
Reduce costs due to the replacement of clinker bought from third parties, strengthen Turkey’s industrial base, and stimulate economic development.
Environmental aspects
Procurement
The project would fall under Annex II of 97/11 Directive amended by 2003/35, which leaves the determination on the EIA to national legislation. Based on preliminary EIA studies, the Public Authority decided that a full EIA is not required due to the location within an existing industrial zone and atmospheric emissions of new production to be in line with EU standards.
EU procurement legislation would not apply to this private sector project even if the project were located .in the EU.