Release date: 6 February 2006
Promoter – Financial Intermediary
Istanbul Metropolitan MunicipalityLocation
Description
Strengthening the transport infrastructure of the City of Istanbul with a particular focus on ferry connections.
Objectives
Improvement of the quality and attractiveness of the public transport services through development of the transport sector; in particular that of the ferry services offered.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60 million.
Total cost (Approximate amount)
EUR 120 million.
Environmental aspects
All investment financed under the proposed loan will be required to comply with the relevant legal framework in Turkey and to be acceptable in environmental terms to EIB, in line, as appropriate with EU policy and legislation.
Procurement
EIB’s standard procurement guidelines will apply
Status
Signed - 3/04/2006
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).