Release date: 4 November 2008
Promoter – Financial Intermediary
Türk Telekomünikasyon A.S.
Location
Description
The project concerns an increase in broadband capacity in Turkey by approximately 2 million lines.
Objectives
The increase in broadband capacity will extend coverage and improve speed of existing coverage in a country where internet penetration levels are well below the EU average.
Sector(s)
Proposed EIB finance (Approximate amount)
Indicative amount of EUR 250 million.
Total cost (Approximate amount)
Indicative amount of EUR 500 million.
Environmental aspects
If the project was located in the EU it would not fall under Annex I or II of EIA directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC. Installation and operation of fixed networks equipment have limited residual environmental effects. Further details will be assessed during appraisal.
Procurement
The promoter is a private company and the fixed line market has been liberalised since 2004. Therefore the promoter is not subject to public procurement procedures but may opt for other suitable procedures, which are in the interest of the project. The effectiveness of these procedures will be assessed during appraisal.
Status
Signed - 15/04/2010
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).