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    Reference: 20120233
    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).

    Related tags

    Türkiye Services