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Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Türkiye : € 150,000,000
Services : € 150,000,000
Signature date(s)
22/10/2010 : € 150,000,000
Link to source

Summary sheet

Release date
6 September 2010
Status
Reference
Signed | 22/10/2010
20100355
Project name
Promoter - financial intermediary
TÜBITAK Research Institutes (Turkey) – Investment Loan

The Scientific and and Technological Research Council of Turkey (TUBITAK)
Mr. Okan Kara
EU 7th Framework Programme National Coordinator
Ataturk Bulvari No. 221
06100 Kavaklidere Ankara Turkey
Phone : (+90 312) 427 2302
Fax : (+90 312) 427 4024
www.tubitak.gov.tr

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million.
EUR 342.4 million.
Location
Sector(s)
Description
Objectives

The project will finance mainly applied research activities conducted by 12 national research institutes as well as research activities performed at TÜBITAK’s headquarter level

To strengthen the research and innovation capacity in Turkey.

Environmental aspects
Procurement

The projects will finance mainly intangible scientific research activities as well as industrial R&D and innovation programmes. These activities include financing of research activities in environmental sciences (i.e. research projects in this specialisation) as well as the financing of the operation of the environmental research institutes. These activities have minor negative impacts and appropriate mitigation measures are planned. Additional R&D planned in the project (e.g. for energy efficiency, renewable energy etc.) may result in the production of goods and services with improved environmental characteristics. The construction of buildings is not foreseen within the investment. The Bank requests the Promoter to comply with relevant environmental legislation.

Procurement of equipment and services to be in line with the Bank’s Guide to Procurement.

Other links

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).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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