Release date: 30 July 2012
Promoter – Financial Intermediary
TURKIYE BILIMSEL VE TEKNOLOJIK ARASTIRMA KURUMU (TUBITAK)Location
Description
The project will finance the Academic Research Funding Programme and the Industrial R&D and Innovation Programme implemented by TUBITAK.
Objectives
The purpose of the project is to strengthen the science system and improve the research and innovation capacity in the Republic of Turkey.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 175 million
Total cost (Approximate amount)
EUR 422 million
Environmental aspects
TÜBITAK operates several science, technology and innovation programmes to which EIB funding will be directed. These programmes have national reach. The beneficiaries include public and private sector promoters. The programmes are expected to yield new knowledge and other outputs that can have improved environmental characteristics. The project will also finance academic research in the social sciences that should benefit communities and society as a whole.
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 - 9/11/2012
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).