ISBANK URBAN TRANSFORMATION

Promoteur – Intermédiaire Financier

TURKIYE IS BANKASI AS

Lieu

• Turquie

Description

The proposed framework loan would be dedicated to earthquake safety improvements in residential buildings as defined in the Turkish Law on Transformation of Areas under Disaster Risk.

Objectifs

The proposed operation will improve the safety of residential buildings in case of future earthquakes and will have the potential to reduce damages and casualties.

Secteur(s)

• Aménagement urbain

Montant BEI envisagé (montant approximatif)

EUR 200 million

Coût total (montant approximatif)

EUR 200 million

Aspects environnementaux

The project will focus on the renovation/replacement of risk-bearing residential buildings with earthquake-proof housing. Since the (re)construction and renovation will take place in urbanised areas, and usually on the site of an existing building, no or only a very limited negative impact on the environment is expected. The schemes would therefore not require an Environmental Impact Assessment (EIA) according to the Directive 2011/92/EU if located in the EU. However, any possible environmental or social issues, including the coherence with the principles underlying the EU directives, will be verified during project appraisal.

Passation des marchés

The Bank will require the borrower/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.

Statut

Signé - 9/05/2014