Release date: 24 October 2012
Promoter – Financial Intermediary
DEVLET SU ISLERI GENEL MUDURLUGULocation
Description
The project will co-finance the national contribution of the Republic of Turkey to the country’s flood prevention works.
Objectives
The loan will be used for the construction of flood prevention and mitigation works across the country.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 450 million
Environmental aspects
The equivalent of the EIA and SEA requirements, as well as requirements for the protection of areas of special interest equivalent to those of the Natura 2000 network in relation to planned works shall be assessed at appraisal. Particular attention will be given to local effects on nature in project design.
Procurement
The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules.
Status
Signed - 20/12/2012
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).