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Reference: 20150022
Release date: 10 April 2015

Promoter – Financial Intermediary

MINISTRY OF FORESTRY AND WATER WORKS

Location

Description

Supporting forest rehabilitation, afforestation and erosion control activities in Turkey during the period of 2016-17 through the Ministry of Forestry and Water Works.

Objectives

The purpose of the operation is to maintain the Bank’s support to the Turkish Ministry of Forestry and Water Works’ nationwide programme of investments on afforestation, erosion control and forest rehabilitation during the period of 2016-2017.

Comments

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

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 120 million

Total cost (Approximate amount)

EUR 331 million

Environmental aspects

Afforestation projects are included in Annex II of the Environmental Impact Assessment (EIA) Directive, but rarely do competent authorities require a full EIA in the case of afforestation/reforestation of existing forestry land. The project will focus on afforestation, erosion control and forest rehabilitation works. It is likely to deliver multiple environmental benefits particularly climate change mitigation and adaptation and improved natural resource management, contributing to both EU and Turkish environmental policy objectives. Technical features of the project and relevant EIA procedures will be analysed during appraisal.

Procurement

Tendering and subcontracting procedures for site preparation, planting, maintenance and other works will be examined during the appraisal process. These are subject to Turkey’s public procurement legislation (PPL), which is modelled on the EC Public Procurement Directives and is in line with these directives in several key aspects. Turkey’s public procurement system has significantly improved since the adoption of the PPL in 2002 and is currently seen as of a high standard.

Status

Signed - 28/12/2015

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).

Related tags

Türkiye Agriculture, fisheries, forestry