TUBITAK RESEARCH PROMOTION II

Promoter – Financial Intermediary

TURKIYE BILIMSEL VE TEKNOLOJIK ARASTIRMA KURUMU

Location

• Turkey

Description

The project aims at strengthening the research and innovation capacity of Turkey by co-financing the national academic research and development (R&D) programme and the industrial R&D programme managed and implemented through the Scientific and Technological Research Council (TÜBITAK).

Objectives

The purpose of the project is to strengthen the science system and improve research and innovation capacity in the Republic of Turkey.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

EUR 200 million

Total cost (Approximate amount)

EUR 536 million

Environmental aspects

TÜBITAK operates science, technology and innovation programmes and the final beneficiaries of funding will include public and private sector promoters. In the EU this type of activity is not specifically submitted to environmental impact assessment. All research activities included in TÜBITAK programmes will nevertheless have to obtain the approval of the relevant national authorities. The programmes are expected to yield new knowledge and other output that can have improved environmental characteristics. Academic research in social sciences will also be financed and should benefit communities and society as a whole.

Procurement

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank’s Guide to Procurement and applicable EU public procurement rules. The experience with four previous EIB projects confirms that transparent criteria and procedures for the allocation of financial resources from the TÜBITAK budget to the national R&D programmes are in place.

Status

Signed - 28/12/2015