devinitorg/iati-policy-markers huggingface dataset:
Assan Aluminium Assan Aluminyum Sanayi ve Ticaret A.S., Turkey (the company or Assan), is one of the leading producers of flat-rolled aluminum products, which includes coil, sheet and foil products.  IFC is planning to provide a corporate facility of EUR50 million for the current modernization and expansion program of the expected EUR65 million project cost. The proposed financing will be used to support (i) Assans backward integration, (ii) refinancing of a recently acquired of scrap recycling plant, (iii) modernization of two existing furnaces, (iv) installation of five new furnaces, (v) other investments such as new production and treatment lines, (vi) dross presses and (vii) various investments to improve overall plant maintenance and production efficiencies. IFC''s investment will help Assan to sustain its business model and economic competitiveness thanks to lower cost production.The investment will also support recovery of resources and value by processing metal scrap internally and from third parties as a raw material for aluminium making. This will also help Assan to reduce energy and water consumption.
Arcelik Expansion Summary Of Project Information (SPI)       Project Name    Turkey-Arçelik Expansion Program              Region    Europe        Sector       Project No007321   Projected Board DateMay 31, 1996   Company NameArçelik A.S   Technical Partner and/or Major Shareholders    	Koç Group is the major shareholder of Arçelik.    Project Cost Including proposed IFC investment    	US$230 million, including an IFC A Loan of US$40 million and a B Loan of US$40 million    Location of project and Description of site    	The refrigerator plant is located in Eskisehir, and the washing machine plant is located in   Çayirova.  Both towns are in   north-west Turkey.  The refrigerator plant was constructed in 1975 and has a current capacity of 840,000 units a year.  The washing machine plant was also built in 1975 and has an existing capacity of 900,000 unit a year.    Description of Company and Purpose of Project    	Due to Turkeys recent and on-going financial problems, international institutions are unwilling to provide the long-term financing required for this project.  Even the strongest of Turkish companies, such as the Koç Group, are unable under the present conditions to raise the necessary financing for large projects without the substantial support and commitment of IFC.  Arçelik is the largest private sector company in Turkey and one of the six largest European manufacturers of white goods.  The project consists of investments to improve productivity and product range in the Eskisehir refrigerator plant (US$122 million) and the Çayirova washing machine plant (US$28 million), as well as provide financing for the companys modernization program and incremental working capital needs for years 1996/97 (US$80 million).    Environmental Category and Issues    	This is an environmental review category B project.  Environmental, health and safety issues include air emissions, liquid effluents, spill prevention, solid and liquid waste management, noise, fire safety and worker safety.  Arçelik is conducting a group-wide program to upgrade its hazardous waste management practices.  The company is also implementing a program to replace chlorofluorocarbon (CFC) based compressor technology and foam insulation blowing agent with more environmentally friendly media, and has produced CFC-free refrigerators since November 1994.    The  is  from the Public Information Center.         Date SPI sent to PIC     April 24, 1996      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Sakosa Sabanci-Kosa Endustriyel Iplik Ve Kord Bezi Sanayi Ve Ticaret Summary Of Project Information (SPI)       Project Name:    TURKEY: SAKoSa (formerly HOECSA)      Region:Central and Southern Europe   Sector:   Project No:009376   Projected Board Date:March 31, 1999   Company Name:SAKoSa (formerly HOECSA)   Technical Partner and/or Major Shareholders    	   The Company has been established on a 50:50 basis by two important groups, Sabanci of Turkey and KoSa of the US, in the polyester industrial yarn and tire cord fabric market, respectively.  The joint-venture company intends to build on Sabancis experience in operating competitive businesses in Turkey and KoSas expertise in industrial yarn production, marketing and distribution in world markets.      Project Cost Including proposed IFC investment    The total investment cost is expected to be DM185 million (US$109 million equivalent).  IFC has been requested to provide an A Loan of around DM36 million (US$21 million equivalent) for its own account, a B Loan of around DM47 million (US$28 million equivalent) for the account of participants, and a C Loan of DM10 million (US$6 million equivalent) for its own account.    Location of project and Description of site    The facility is located in an approximately 61,500 m2 lot in a small-scale industrial area at the border of the Alikahya village in Izmit, Turkey.  The site was acquired through direct purchase from the industrial estate owners.  This transaction did not cause resettlement of communities or economical displacement and the site is not located near sensitive areas.     Description of Company and Purpose of Project    The Company will produce HMLS polyester yarn and tire cord fabric produced from this yarn, mainly for export markets.    Environmental Category and Issues    Key environmental issues include liquid effluents, solid waste handling and disposal, health and safety issues and employee training.  Liquid effluents will be pretreated on-site before release to a public wastewater treatment system for final treatment.  Most solid waste produced will be sold, while a part will be landfilled in an authorized landfill.  The Company will implement actions to improve health and safety conditions and in general ensure compliance with World Bank guidelines and policies.    The Environmental Review Summary is expected to be available on or about February 12, 1999 from the Infoshop.         Host country location of environmental documents:    Turkey      Date SPI sent to InfoShop:February 16, 1999   This Summary of Project Information is prepared and distributed to the public in advance of consideration of the proposed transaction by the Corporations Board of Directors.  It is provided for the purpose of enhancing the transparency of IFCs activities and should not be construed as presuming the outcome of IFC Board consideration.    For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
TSKB Pol. Abatem The project is to lend up to US$75 million to Turkiye Sinai Kalkinma Bankasi A.S (TSKB or the Bank), Turkeys first privately-owned development and investment bank.  Loan proceeds will be used to finance projects related to pollution abatement and resource efficiency investments in Turkey. The project is expected to generate a range of environmental and economic benefits related to the development of the resource efficiency project investments. Specifically, IFC''s investment would: (i) improve the competitiveness of the Turkish economy by increasing the utilization of the energy, water and raw materials more efficiently; (ii) develop resource efficiency investment projects across all sectors;  and (iii) improve the local as well as the global environment through reduced emissions of conventional pollutants and GHGs.
KKagit Project Kipas Kagit A.S, a subsidiary of the Kipas Group, is embarking on a new project to set up a recycled fiber based greenfield corrugated paper and cardboard facility,  with a capacity of 450,000- 480,000 tons per annum (tpa) in Kahramanmaras, Turkey. Through its corrugated cardboard investment, Kipas intends to take advantage of the growth of the packaging industry in Turkey, in particular in the South and Eastern parts of the country. The project will create additional employment through 300 additional jobs in Kipas and indirectly in related fields, notably waste paper collection in a frontier region of Turkey. The project will increase the use of recycled paper and in turn improve the domestic waste paper recovery rate, especially in a frontier area. Moreover, the project will result in the production of high quality cardboard through the use of the most recent technology in the industry that will help substitute for imports. Kipas Kagit will also supply corrugators in the food packaging container business that contribute to improved efficiency in food distribution and ultimately lower costs, thereby helping with food security.The project will also be integrated with an on-site co-generation plant. It is expected that the waste ash from the co-generation plant will be used in the cement operations of Kipas.
Istanbul Bilgi University Bilgi, which graduated its first class in June 1998, is undertaking this project in response to its rapid growth and to the increasing demand for university education in Turkey.  Since it opened its doors in 1995, Bilgis student enrollment increased five-fold, from 914 to over 5,000 students.  At the same time, its faculty increased from 70 to 339.  It has achieved this growth by providing first-class social science instruction to a mostly urban population that thrives on the university which offers a variety of traditional core courses, as well as courses in communications, film and television and jazz.  The University serves its urban community by providing free instruction in English, accounting, and computer training.  It also has film festivals, produces shows for local TV stations, and promotes art exhibits.      IFC Role:    Turkeys financial sector has been unable to provide adequate local currency financing to support long-term investments, especially for not-for-profit institutions.  Financing for these institutions is limited to short-term loans at high spreads or leasing because they are considered frontier sectors and risk assessment is complicated by their not-for-profit status.  Yet they provide important social services that are directly linked to improving the social capital of the country.  Consequently, the role of IFC is especially important, as it is the only major source of long-term project financing for these clients.  With this first investment in a private university in Turkey, IFC would demonstrate the financial viability of these institutions, structuring innovate ways for securing its loans, while applying some governance measures commonly found in well-managed private companies.        Economic Benefits/Development Impacts   :   IFCs investment in education will help speed the diffusion of best practices to the public education system.  IFC is emphasizing investments that will deliver quality education in a cost-efficient manner.  The focus is on projects that will enhance competition and best practices, while increasing places for students across the system and relieving the pressures for additional places in the public university system. The Bilgi expansion is serving a growing demand for higher education in Turkey.  Growing numbers of secondary school graduates and a relatively strong private sector are creating ample numbers of applicants for Bilgis program.     Bilgi University has so far contributed over US$5.0 million in kind to the three neighborhoods where its campuses are located.  These have taken the form of English language and computer training, training in accounting and teacher training.  In addition, Bilgi donated a primary school to the municipality.  Since 1998, over 1,500 participants have benefited from Bilgis community programs.  In addition, several small businesses, catering to students needs, have flourished in the neighborhoods where the campuses are located, and public services, such as transportation and housing, have improved.
Fraport TAV Antalya Yatirim,Yapim ve Isletme A.S. Fraport TAV Antalya Yatirim,Yapim ve Isletme A.S. (the Company) is a Turkish joint-stock company owned by TAV Havalimanlari Holding Anonim Sirketi (TAV Airports) and Fraport AG Frankfurt Airport Services Worldwide (Fraport), respectively. On December 28, 2021, the Company entered into a 25-year Lease Agreement with the General Directorate of State Airports Authority (DHMI), for the operations and expansion of Antalya Airport (ICAO: AYT), starting on 1st of January 2027. Antalya airport is one of the largest leisure-oriented airports in Europe, with a current capacity of circa 40 million passengers. The project entails the expansion of the Antalya Airport to a capacity of approximately 80 million in three phases. IFC expects the Project to generate significant stakeholder impacts in terms of improved access and quality of the airport's landside and airside services, positive government revenue, and economy-wide impacts derived from the airport operations and the activities in the aviation and tourism sectors. The anticipated market creation effect is to preserve Türkiye's role in the global and regional tourism market.
IZSU Support The proposed IFC investment is an IFC A Loan of up to US$34 million, equivalent in local currency, to the Izmir Water and Sewerage Administration (IZSU), fully guaranteed by the Izmir Metropolitan Municipality (Izmir Municipality or the City), to ensure sustained access and quality of services to IZSUs one million customers and support the Citys long-term water and wastewater infrastructure resilience. The most significant project level outcomes are increased access and quality of water supply and wastewater services in Izmir. Beyond the Project, at the market level, IFC will contribute to improve water resilience by demonstrating low-cost, innovative and scaleable solutions to support conservation in water stressed areas of Turkey.
PETLAS Project Abdulkadir Ozcan Otomotiv A.S. (AKO) is undertaking an investment program to expand its distribution network and modernize Petlas A.S. (Petlas) operation. Strategically, AKO aims for Petlas to maintain its position in tires for tractors and heavy duty equipment, while playing an increasing role in the automotive tire sub-sector in the aftermarket. The project represents an important investment in one of the less developed city in Turkey  Kirsehir, where incentives are provided to attract investment to increase its Per Capita Income  Petlas is the largest employer in Kirsehir providing currently 1250 permanent jobs in the region.  The proposed investment program will create an additional permanent employment of about 690 local people at the 1st phase of the project and gradually increase with further expansion projects.  The project will also enhance production technology and quality in Petlas plant in Kirsehir, which will in turn improve its efficiency and hence its competitiveness in the industry. In addition, the Project is expected to create increased business opportunities to local suppliers and dealers that distribute its products across the country.
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         The proposed IFC investment includes an A loan up to US$100 million (to be disbursed either in TRY or US$) to Turkiye Petrol Rafinerileri A.S. (Tupras or the Company), an existing oil refining company, for the financing of (i) the Company's research and development expenditure during 2017-2019 period, (ii) the new sulphur recovery units (the "SRUs") to be constructed in Izmit, Izmir and Kirikkale refineries, and (iii) the capacity increase of the continuous catalyst regeneration (the "CCR") platformer in Izmir refinery (the "Project"). The expected development impact of the Project includes (i) supporting energy security of the country, (ii) improving the Company's resource efficiency, (iii) supporting the Company's R&D activities and, (iv) contributing to the enhancement of the Company's financial performance and sustainability
Finans Lease AS Established in 1990, Finans Leasing (FL or the company) is the fourth largest leasing company in Turkey in terms of total volume of investments financed as well as the total number of contracts handled in the first three quarters of 2005, is listed on the Istanbul Stock Exchange (ISE). 51.04% of the company is owned by Finansbank, 8.21% owned by FinansInvest, and 40.75% by the public. FL is headquartered in Istanbul with a market share of 6.23%. As of September 2005 on a consolidated basis, FL had total assets of $313 million equivalent, equity of $120 million equivalent. Net leasing receivables of $188.6 million, and net income of $27.8 million. Leasing volumes in 3Q/05 was $181 million.   FL intends to utilize the facility mainly to finance small and medium sized enterprises (SMEs). The main objective of the project is to provide critically lacking long term lending to Turkeys private SME sector.
Odeabank Equity The proposed IFC investment consists of participation in a capital increase for a relatively young bank, Odeabank A.S. (Odeabank or the Bank) in the Republic of Turkey (Turkey or the Country) (the Project).   Founded in November 2012, Odeabank has been a growing player in the Turkish banking sector ranking twelfth in terms of asset size which reached around US$11 billion and a capital base of around US$0.9 billion as of year-end 2015. The Bank has 55 branches and around 1,560 employees offering a wide spectrum of universal banking products among key segments including corporate, commercial, small and medium enterprises and retail banking. The Bank has adopted a direct banking model with effective utilization of alternative distribution channels and has been identified as a potential partner for IFC to work with in supporting digital banking in Turkey.  The Project will help the Bank to build on its small and medium enterprises (SMEs) loan portfolio and support its existing digital banking activities to reach out to micro and other underbanked segments of the population. The Project will have significant development impacts by:  (i) extending services to the unbanked segments; (ii) increasing access to finance to MSMEs, thus creating jobs and spurring economic growth;  (iii) boosting confidence in a volatile economy while supporting the stability of the Turkish banking system;  (iv) improving Odeabank''s sustainability through best practices in its environmental and social management system ("ESMS");  (v) adding value by strengthening the Bank''s governance standards through nominating a director with a complementary skill set and knowledge of the global and Turkish market ; and,  (vi) demonstrating  its support to a digital bank, IFC is encouraging other players in the market to apply innovative technologies to increase access to finance efficiently.
Etlik Health The proposed project entails the construction, operation and maintenance of an integrated health campus in Etlik, Ankara (the Project) as part of the public-private partnership (PPP) program developed by the Turkish Ministry of Health (MoH) which aims at renovating, and enhancing quality and efficiency of healthcare services in state-owned hospitals by consolidating small state-owned hospitals under larger campuses.   Located in the capital city, Ankara, Etlik Health Campus will comprise 11 different buildings with a total capacity of 3,566 beds. It will include a general hospital (694 beds), a womens hospital (500 beds), a childrens hospital (468 beds), a cardiovascular surgery hospital (362 beds), an oncology hospital (484 beds), an orthopedic hospital (478 beds) and a rehabilitation hospital (300 beds). Other facilities will include an autism center (40 beds), a diagnosis and treatment unit (34 beds), a psychiatric hospital (106 beds) and a high-security psychiatric hospital (100 beds) The planned construction period is 42 months, to be followed by operational period of 24 years. (i) The proposed project will improve infrastructure for public health services in Ankara, especially in underserved specialized areas of oncology, cardiovascular surgery.  (ii) Successful financing and implementation of this flagship project under the program is expected to lead the way for the rest of the projects in the program, most of which being focused on second tier cities. (iii) Additionally, the proposed project will have a demonstration effect in the region and for other sectors (e.g. education), where PPP models are being investigated as an alternative to improving social infrastructure, and are expected to follow the example of the Turkish healthcare PPP Program
DCM-YKB Covered Bond table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }       The proposed project (the Project) involves supporting Yapi Kredi Bank A.S. (YKB, or the Bank), through the purchase of an IFC-only issuance of covered bond of up to US$150 million. The underlying asset pool will be backed by YKBs existing mortgage portfolio. The proceeds of IFCs investment would provide YKB long term financing to support the mortgage segment of its lending operations, with some portion to be allocated to green mortgages per IFC's eligibility criteria.        Established in 1944, YKB is the 4th largest private bank in Turkey; operating in retail (individual and SME), private and corporate / commercial banking. As of end-2016, YKB operates all around Turkey through its 936 branches and 19,400+ employees. In addition to universal banking services, Yapi Kredi Group also operates in leasing, factoring and asset management businesses. Yapi Kredi Group also has banking subsidiaries in the Netherlands, Russia, Azerbaijan and Malta.        As of end-2016, YKB posted Total Assets of TRY271 billion, Net Loans of TRY176.5 billion and Net Income of TRY2,932 million on a consolidated basis.        YKB is an existing IFC client. 1) Support growth in the mortgage sector with long-term funding: With this project, IFC will provide long term funding to contribute to accelerated growth in the mortgage sector.  IFC's financing would improve access to housing finance in Turkey, which has an attractive demographic profile and is underpenetrated.

2)  Deepen Partnership with systematically important bank to work together in priority areas: The project will strengthen IFC's long-term partnership with Yapi Kredi Bank by supporting it in areas of strategic interest such as climate change and development of housing markets in Turkey.