Release date: 22 January 2009
Promoter – Financial Intermediary
Undersecretariat of the Treasury
Prime Minister’s Office
Foreign Economic Relations
Mr. Memduh Aslan Akçay
Director General
İnönü Bulvarı No:36
06510 Emek/ Ankara/ TURKEY
Phone : (+90 312) 213 68 73
Fax : (+90 312) 212 85 50 / 87 37
www.treasury.gov.tr
Location
Description
The purpose of the proposed loan is to co-finance, via the Undersecretariat of Treasury, two elements of the public science system of the Republic of Turkey: (a) public investments in RDI production of academic staff employed by Turkish universities in 2009 and 2010 (b) public investments in the scientific equipment of universities in 2009 and 2010.
Objectives
Co-financing public science system of the Republic of Turkey for improving RDI infrastructure and for strengthening research capacity at the top public universities and research centers.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 -250 million, to be verified during appraisal.
Total cost (Approximate amount)
Estimated to exceed EUR 600 million. Will be verified during appraisal.
Environmental aspects
The competent authorities are to consider the environmental impact of RDI activities in the context of prevailing national planning and environmental regulations.
Procurement
The Bank will require that all relevant contracts for the implementation of the project have been or shall be tendered in accordance with the relevant national procurement legislati.
Status
Signed - 8/06/2009
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).